Questions buyers and sellers need to ask before purchasing Chicago homes for sale with discount real estate agent commission rebates

We are in the last quarter of the year, and motivated sellers are on the Chicago homes for sale market in abundance. This can be a great time to purchase one of many Chicago homes for sale, but you’ll want to do a little homework both on your own and with your discount FSRefund.com commission rebate real estate agent. To get the wheels turning, here are some Chicago homes for sale questions to mull over:

How much Chicago homes for sale can you realistically afford?
The best way to determine this is to get pre-approved Why Mortgage Pre-Approval before Writing an Offer on Chicago homes for sale is so Important. Getting pre-approved means a bank has approved you for a loan on Chicago homes for sale – very different from pre-qualifying. Any FSRefund discount commission rebate discount Realtor including expert Realtor broker Michael Romig will have several lenders with whom you can start the pre-approval process.

What will your new monthly budget be with Chicago homes for sale?
Once you are pre-approved, you’ll have a good idea where your monthly mortgage payment will lay. You’ll also want to get a ballpark on escrow amount (for the property taxes) and home insurance amount. These are typically added on to your monthly mortgage amount. You’ll also want to ballpark all utilities and insurance costs.

What does the market say about the worth of any Chicago homes for sale?
Once you determine the specific neighborhoods in which you’d like to look, review comps (comparable sales) with your discount Full Service Refund discount commission rebate real estate agent of Chicago homes for sale that have recently sold so you can truly get a sense of the market. Why? Because the amount of any Chicago homes for sale list prices at is not necessarily the actual price for which any Chicago homes for sale sells at. It is the Chicago homes for sale prices that show what the value of Chicago homes for sale are, not the listing prices.

Will you stay for at least two years in Chicago homes for sale?
The first reason you’ll want to stay in any Chicago homes for sale for at least two years is that if you sell Chicago homes for sale before that, you’ll be hit with capital gains taxes on any profit you make on Chicago homes for sale. Secondly, it takes roughly two years for your Chicago property for sale to reach a market value that makes selling Chicago real estate for sale actually profitable.

What are the property taxes on Chicago homes for sale?
Property taxes are typically paid with your monthly mortgage payment, but that doesn’t mean you should be blissfully unaware of the rate. Property tax rates can vary greatly from town to town; make sure you know ahead of time what the Chicago homes for sale taxes are in the Chicago homes for sale areas you like.

What are the stats on Chicago homes for sale?
When were the Chicago homes for sale built? What are the Chicago homes for sale neighborhoods like? How is the crime rate? How good are the schools in any Chicago homes for sale communities you choose? When purchasing any Chicago homes for sale, you are looking at a long-term investment – make sure you ask every question on your mind and you can think to ask about Chicago homes for sale.

What kind of Chicago homes for sale documentation should I have available?
You’ll need access to your W-2’s/income tax returns, several pay stubs, bank statements and any other statements regarding financial assets you may have. You’ll also want a government issued ID available for your closing on any Chicago homes for sale.

What about Chicago homes for sale closing costs?
Once you find any Chicago homes for sale and plan to make an offer on any Chicago homes for sale, you’ll want to discuss with your discount FullServiceRefund.com commission rebate discount real estate agent how much (ballpark) you’ll need for the Chicago homes for sale closing.

Purchasing Chicago homes for sale can be stressful, but doing some footwork and working with an experienced professional like expert Realtor Michael Romig our discount FS Refund discount commission rebate Realtors will make the Chicago homes for sale process easier and more enjoyable while saving every buyer and seller lots of money!

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