 REMAX CITY Chicago Home Buyer's Agents Chicago Illinois Real Estate Buyers Realtors Representing Homebuyers in Regular Deals and Short Sales Foreclosures Bank Owned Properties in Chicago and Suburbswww.ChicagoTopHomeBuyersAgent.com Koroll Haley - RE/MAX CITY TEL 708-288-8383 www.MyBestAgent.info Welcome to Chicago Top Home Buyer's Realty Website - Illinois Best RE/MAX Real Estate Agents and Brokers Specializing in working with Home Buyers and Investors. Buying a Home or Investment Property, Short Sale, Foreclosure, Bank Owned Property in Chicago or Suburbs Illinois? Work with a Top Producing Real Estate Agent Specializing with Buyers. Search Homes For Sale on My Property Finder and have new Chicago Illinois MLS listings automatically emailed to you when they hit the market. We are Short Sale Specialists! www.ChicagoShortSalePro.com Chicago Illinois Leading ShortSale Experts - Top Selling Team for the #1 RE/MAX Office in Chicago Illinois. Work with The Best.. Sorensen-Haley Group @ RE/MAX CITY $15,000,000 Closed since 2009! 2 Top Selling Agents for The Price of 1 Koroll Haley Buyer Specialist Tel 708-288-8383 web: www.khaley.remaxni.com email: haleykpro1@aol.com --------------------------- Michael Sorensen Seller Specialist Tel 773-987-8224 web: www.msorensen.remaxni.com email: michaels@remax.net REMAX CITY REALTORS - Representing Home Buyers and Property Sellers in Chicago & Suburbs Northern Illinois Chicago Home Buyer's Agent Chicago Illinois Real Estate Buyers Realtors Representing Homebuyers in Regular Deals and Short Sales Foreclosures Bank Owned Properties in Chicago and Suburbs: Cook, DuPage, Lake, McHenry, Will, Kane, Kendall, Boone County. Short Sale. Behind on payments? Facing foreclosure? Do not abandon your property! Don't give it to the bank without a fight! Do a Short Sale! Dismiss Foreclosure! FREE Short Sale Representation For Buyers & Sellers! Don't pay a dime to anyone! Work with the Best! Sorensen-Haley Team - Chicago Short Sale Specialists - Illinois Top Real Estate Agents and Brokers Specializing in ShortSale, Pre Foreclosure, Foreclosed, Bank owned properties REO. The #1 Team @ The Number RE/MAX Office in Sales in Chicago IL. currently selling more than 60 properties (most have offers!). Sorensen-Haley Team ..we sell more because we do more! Homebuyers and Property Sellers... Contact Koroll Haley @ Tel 708-288-8383 TEL 708-288-8383 ..call me now. Purchasing a Home in Chicago Illinois When buying a home in Chicago or Suburbs Illinois, it’s important to think carefully about your offering price—but also your offering terms. Most purchase offers define both. And in some cases, terms and conditions can represent thousands of dollars in additional value for buyers—or additional costs. Terms may include inspections, requests for specific property repairs, or timing considerations, such as a conditional purchase clause (if, for example, you must first find a buyer for your current home). More info.. Contact Koroll Haley - RE/MAX CITY - Chicago Illinois Buyer's Agent TEL 708-288-8383 Contact Me Determining a price Some Chicago Illinois homebuyers mistakenly believe there is a predetermined formula for offers—that offering prices should be X percent lower than the seller’s asking price or the amount they are really willing to pay. In practice, your offer price actually depends more upon the basic laws of supply and demand. If many buyers are competing for homes, then sellers will likely get full-price offers and sometimes even more. If demand is weak, then offers below the asking price may be in order. How to make an offer The process varies by state. In most cases, you complete an offer that your buyer's agent presents on your behalf. The owner, in turn, may accept the offer, reject it or make a counter-offer. Because counter-offers are common (any change in terms can be considered a “counter-offer”), it’s important that you remain in close contact with your buyer's agent during the negotiation process so that any proposed changes can be quickly reviewed. Inspections Inspections are common in residential realty transactions in Chicago Illinois. Depending on your needs and where you live, they may include: mold inspections “green” issues, including energy efficiency and eco-friendliness surveys to determine boundaries appraisals to determine value for lenders title reviews structural inspections Structural inspections are particularly important. During these examinations, an inspector evaluates the property for any material physical defects and whether expensive repairs and replacements are likely to be required in the next few years. For a single-family home or investment property in Chicago Illinois, these inspections often require two or three hours. You should plan to attend too. This is an important opportunity to examine the property’s mechanics (plumbing, wiring, etc.) and structure, ask the home inspector questions and learn far more about the property than is possible with an informal walk-through. Chicago Illinois Home Inspectors Directory: www.bbb.org Comparing Schools A good public school system can be an important consideration for Chicago Illinois homebuyers, even if you don’t have school-aged children. That’s because good schools can enhance the resale value of your home and make it more attractive to a broader pool of buyers and tenants. To conduct your own comparisons of schools in Chicago and Suburbs Illinois, go to School Match, which offers Chicago and Illinois school research and data consulting services. Here you’ll find test scores, student-teacher ratios, spending and education levels for residents, and more. School Match provides verified school data, as opposed to self-reported data, which can lead to various misinterpretations. Data that has been independently verified allows you to make better school district comparisons before you move. Closing Costs Closing costs are simply the fees associated with 1) purchasing a home, 2) borrowing money, and 3) preparing paperwork to finalize the sale. Your total closing costs will vary depending on where your new home is located in Illinois, what type of property you are buying, the price of your home and the complexity of the transaction. It is extremely important that you work closely with your buyer’s representative in the early stages of your home search to estimate what these costs could be, since closing costs can easily represent thousands of dollars. The main categories are: Discount points to buy down the mortgage If you want to reduce the ongoing cost of your mortgage over the life of the loan, you’ll want to consider this optional fee. Amounts can vary significantly, from 0.5 to 3 points on the total mortgage amount. This is a one-time charge that is fully deductible as mortgage interest. Costs for originating the mortgage This generally includes a variety of fees such as the loan origination fee, the appraisal fee and the cost of credit reports. Other related closing fees may include hazard and mortgage insurance, and interest accrued on the mortgage between closing date and the end of the month. Taxes and other local fees Charges will vary according to local government requirements in Chicago and many suburbs in Illinois. Some may demand that property taxes be pro-rated according to when you officially own your home. You may also be required to pay personal property taxes, homeowner’s association dues, and other assessments that are specific to the area that you are moving into. Documentation costs You will have to pay for any research involving public records and title history for your new Chicago or Illinois property. This insures that the title is unencumbered by other ownership claims or liens and can be delivered to you at closing. Other costs include recording and transfer fees, which cover legally recording the deed to your name. The Purchase Contract Most Chicago and Illinois real estate buyer's agents use standard pre-printed purchase contract forms, filling in the details specific to your purchase terms. These legally-binding documents are used to: Set forth the terms of the sale Establish the rights and obligations of the parties involved Specify what actions will be taken in order to close the sale, and Establish time frames for those steps to be completed While most Chicago Illinois buyers are usually fully aware of terms regarding price, closing date, and financial arrangements, there is a tendency to overlook much of the rest of the contract. However, since all the contract terms will be binding, it is important to understand what you are agreeing to before signing the contract. Not doing so can be a costly mistake, especially if there are problems or difficulties in the transaction. When an offer becomes a contract A purchase contract is created when there is a “meeting of the minds” on all terms—when you and the seller have come to agreement and signed the offer form along with any counter-offers and addenda. Real estate contracts must be in writing; verbal contracts to purchase real estate cannot be enforced. Some of the items that you may be agreeing to may include: What personal property will be included or excluded from the sale. Who will pay for required repairs or retrofits. What the seller’s disclosure obligations will be. What the seller’s obligation to maintain the property will be. What the seller is warranting about the property. What the buyer’s inspection rights will be. What will happen in the event either party does not comply with the contract. Whether or not the buyer can get out of the contract upon an attorney review and/or other contingencies. What will the parties’ legal rights and attorney fee provisions be in the event of a breach of contract. Do your homework in advance It is highly recommended that you read and review the pre-printed forms with your buyer’s representative before you write and sign a purchase offer. That way, once you are ready to present a bona-fide offer, your focus will be on the primary issues of price, terms, and closing date. Reviewing and understanding the Illinois purchase contract form ahead of time can also help you strengthen your negotiating position, protect yourself from incurring unnecessary costs or problems, and gain a better understanding of what you will need to do to conclude the sale. Relocating To Chicago Illinois Request Relocation Info Chicago Illinois Movers/ Moving Company Directory: www.bbb.org Source: REBAC - Real Estate Buyer's Agent Council of The National Association of REALTORS. ABR - Accredited Buyer's Representative. For more information, advice or recommendations, please contact Koroll Haley - RE/MAX CITY - Chicago Illinois Buyer's Agent, TEL 708-288-8383 Contact Me Serving Buyers in Chicago and All Suburbs - Northern Illinois: Addison: www.addisonadvantage.org Algonquin: www.algonquin.org Arlington Heights: www.vah.com Aurora: www.aurora.il.us Bartlett: www.village.bartlett.il.us Barrington: www.barrington-il.gov Bensenville: www.bensenville.il.us Berwyn: www.berwyn-il.com Bloomingdale: www.vil.bloomingdale.il.us Buffalo Grove: www.vbg.org Chicago: www.cityofchicago.org Carol Stream: www.carolstream.org Crystal Lake: www.crystallake.org Deerfield: www.deerfield-il.org Des Plaines: www.desplaines.org Elgin: www.cityofelgin.org Evanston: www.cityofevanston.org Elk Grove Village: www.elkgrove.com Elmwood Park: www.elmwoodpark.org Franklin Park: www.villageoffranklinpark.com Fox Lake: www.discoverfoxlake.com Glencoe: www.glencoevillage.org Glendale Heights: www.glendaleheights.org Glenview: www.glenview.il.us Hoffman Estates: www.hoffmanestates.com Hanover Park: www.hanoverparkillinois.org Harwood Heights: www.harwoodheights.org Highland Park: www.highlandpark.org Itasca: www.itasca.com Kenilworth: www.villageofkenilworth.org Kildeer: www.kildeervillage.com Lake Bluff: www.lakebluff.org Lake Forest: www.cityoflakeforest.com Lake Villa: www.lake-villa.org Lake Zurich: www.volz.org Libertyville: www.libertyville.com Lincolnshire: www.village.lincolnshire.il.us Lincolnwood: www.lincolnwoodil.org Melrose Park: www.melrosepark.org Mount Prospect: www.mountprospect.org Morton Grove: www.mortongroveil.org Mundelein: www.mundelein.org Naperville: www.naperville.il.us Norridge: www.villageofnorridge.com Northbrook: www.northbrook.il.us Niles: www.vniles.com Northfield: www.northfieldil.org Oak Park: www.oak-park.us Park Ridge: www.parkridge.us Palatine: www.palatine.il.us Prospect Heights: www.prospect-heights.il.us Roselle: www.roselle.il.us River Forest: www.river-forest.us River Grove: www.villageofrivergrove.org Schaumburg: www.ci.schaumburg.il.us Streamwood: www.streamwood.org Skokie: www.skokie.org Schiller Park: www.villageofschillerpark.com Vernon Hills: www.vernonhills.org Wood Dale: www.wooddale.com Wheeling: www.vi.wheeling.il.us Wilmette: www.wilmette.com Winnetka: www.villageofwinnetka.org Chicago Short Sales Illinois Foreclosures REO Bank Owned Properties: condos, houses, townhouses, multi family/ multi unit buildings Koroll Haley - REMAX City Realtor, Chicago Illinois Real Estate agent specializing in first time home buyers, investors, buying a home or investment property, short sale buyers, If you are looking to buy a property in Chicago Suburbs Illinois, use the services of a Remax buyer’s agent. A buyer’s agent represents the interests of the buyer in the purchase of a home, house, condo, townhome, town houses, short sale, foreclosure, or a bank owned property. We represent luxury home buyers, shortsale buyers, foreclosure buyers, buying a bank owned foreclosed property in Chicago Illinois. Before you buy a home or investment property in Chicago or Suburbs call a top producing best selling Buyer's Agent for a free consultation and advice on the purchase. New home, new construction buyers. Chicago Illinois REMAX, Buyers Agent, Buying a Home in Chicago, Short Sale, Foreclosure in Illinois, Bank owned Property Buyers, Buying a Foreclosure Property in Chicago Illinois, Buyers Agents working with Homebuyers in Illinois, MLS Search, Find Homes For Sale in Chicago Illinois, Top Buyers Realty, Best Buyer Agents in Chicago, Chicago Condos Buyers, Free Buyer Representation, Find Real Estate Agents Brokers specializing in first 1st time Homebuyers, Short Sale Buyers, Foreclosure Buyers, Buying, Buy a Home, Chicago Buyer Real Estate Agent, Homes For Sale, Property, Short Sales, Foreclosure, REO, BPO, Bank owned houses, Search MLS listings, Find Foreclosures, ShortSale, Top Realty for Buyers, Best Buyer's Agents Brokers, Top Real Estate Agents For Buyers, How to buy real estate, Illinois relocation service, relocating to Chicago, Move, Moving to Illinois, Buyers Agency, Remax, Chicago, Illinois, Real Estate listings, Chicago Homes. REMAX City Realtors, Chicago Number 1 Top Best Selling ReMax Realty Office, Chicago Illinois Top Real Estate Agents and Brokers specializing in short sales and pre foreclosure in Addison, Arlington Heights, Algonquin, Alsip, Antioch, Aurora, Bannockburn, Barrington, Bartlett, Belvidere, Bensenville, Berwyn, Bloomingdale, Bolingbrook, Buffalo Grove, Bridgeview, Burbank, Burr Ridge, Carol Stream, Carpentersville, Cary, Cicero, Crystal Lake, Deerfield, Deer Park, Des Plaines, Downers Grove, Dundee, Edison Park, Elgin, Elk Grove Village, Elmhurst, Elmwood Park, Evanston, Fox Lake, Forest Glen, Franklin Park, Geneva, Genoa, Glencoe, Glendale Heights, Glenview, Grayslake, Great Lakes, Gurnee, Hainsville, Hampshire, Hanover Park, Harwood Heights, Hawthorn Woods, Highland Park, Hinsdale, Hoffman Estates, Huntley, Ingleside, Inverness, Island Lake, Itasca, Ivanhoe, Irving Park, Jefferson Park, Joliet, Kenilworth, Kildeer, La Grange, Lake Bluff, Lake in the Hills, Lake Forest, Lake Villa, Lakeview, Lake Zurich, Lemont, Libertyville, Lisle, Lincoln Park, Lincolnshire, Lindenhurst, Lombard, Long Grove, Marengo, McHenry, Melrose Park, Morton Grove, Mount Prospect, Mundelein, Niles, Naperville, Norridge, Northbrook, Northfield, North Center, North Chicago, Northlake, Norwood Park, Northshore, O Hare, Oak Brook, Oak Lawn, Oak Park, Old Town, Orland Park, Palatine, Park Ridge, Plainfield, Prairie View, Portage Park, Prospect Heights, Richmond, River Grove, Riverwooods, Rockford, Rogers Park, Rolling Meadows, Roselle, Round Lake, Schaumburg, Schiller Park, Skokie, Sleepy Hollow, South Barrington, South Elgin, Spring Grove, Spring Grove, St. Charles, Stone Park, Streamwood, Sugar Grove, Summit, Sycamore, Sugar Grove, Tinley Park, Vernon Hills, Villa Park, Winnetka, Wadsworth, Wauconda, Waukegan, Wayne, Westchester, Wheaton, Wheeling, Willowbrook, Wilmette, Winthrop Harbor, Wonder Lake, Wood Dale, Woodridge, Woodstock, Zion. www.chicagoshortsalepro.com www.sellwithme123.com www.msorensen.remaxni.com www.msorensen.illinoisproperty.com www.superdomy.com www.bestcondobroker.com www.forsalebymichael.com www.ChicagoTopHomeBuyersAgent.com MyBestAgent.info www.khaley.illinoisproperty.com |
