“We’re ready to buy a new home!” Easy words to say, but not so easy to do. Purchasing a house is a multi-step process and each step must be finished completely before moving on to the next. Garry Real Estate has created our Home Buyers checklist, which is filled with explanations, tools and tips to make your home buying experience smooth and easy.
Whether you need to accommodate your growing family, or are investing for your future, now is the best time to explore the housing market. The best place to start on this exciting new venture is with us, call us today, to find your new property.
Before you start shopping for your property, make some preparations. While every home buying experience is unique, there are some universal steps you can take to make sure everything goes as smoothly as possible. An ounce of preparation can save the day.
Build Your Green File
A green file is a folder containing copies of all your important financial documents. Keep the originals in a secure, fire proof place. You will need these documents to get pre-approved financing for your new home. A typical green file should contain:
Recent Pay Stubs
Tax Returns For The Last Two Years
Copies of Any Leases From Investment Properties
Stock, Bonds, and Mutual Accounts Information
Check Your Credit Rating
Your credit score will help determine what size loan you are eligible for and what the terms will be. We recommend you check your credit rating with an experienced lender so you can determine how much you can afford to spend on a home. The lender will typically research your credit ratings from the three credit reporting agencies Equifax, Experian and TransUnion. We will be happy to recommend an experienced, knowledgeable lender in the residential, construction, commercial and investment real estate field. BE CAUTIOUS WITH YOUR FINANCES.
First rule of buying is knowing how much house you can afford. Once you know that, it helps us narrow down the list of opportunities that are available in your price range. Below you will find an excellent tool to quickly calculate just how much you can afford to spend. Fill in the fields below and you’ll find the ballpark amount in a just few moments. Please always remember that your lender will have a much better picture of your overall financial condition, so they will provide a much more accurate number. This is just a quick tool to get all of us pointing in the correct direction. In addition each home will have a different tax bill and many communities require residents to pay annual or monthly HOA “home owners association” dues. Both of these factors will greatly impact the total loan amount that you will be approved for.
Now that you have spoken to a lender and those those preparations are out of the way, it’s time to find the right property for YOU.
To make the process of getting to know your potential new neighborhood easier, we have created the next few tabs to allow you quick access to important information about Schools, Local Businesses and Demographics for the area.
Register with Garry Real Estate and you will be able to save your searches and share the list of properties you want to visit with your agent. This will expedite the process of scheduling your showings.
A home inspection is not required, but highly recommended. This will no doubt be the largest purchase you make. Spending a couple of hundred dollars to have a qualified person thoroughly inspect your future home may prevent thousands of dollars of unexpected repairs later on. Contact a licensed home inspector of your choice (if you are working with a “buyers agent”, then he/she may recommended one). The home inspector will set an appointment that is convenient for you. The inspection must take place during your inspection period, usually 10 days from acceptance of your offer.
If you are obtaining a loan, you will be required by your lender to purchase a certain amount of insurance for the property. The value of the insurance will depend on the lending institution and the final purchase price of the property. You may be able to save hundreds of dollars a year on homeowners insurance by shopping around for insurance on your own. Increasing your deductible by just a few hundred dollars can make a big difference in your monthly premium. Ask your insurance agent about any discounts. You may be able get a lower premium if your home has some safety features such as dead-bolt locks, smoke detectors, a full alarm system, storm shutters or fire-retardant roofing materials, depending on the insurance company. Any persons over 55 years of age or long term customers may also be offered different discounts. Insure your actual house and not the land it’s on. In case of a disaster, the land will still be there. If you do not subtract the value of the land when you decide how much homeowner’s insurance to buy, you will usually be asked pay more than you should.
The final inspection usually takes place a day before, or the actual day of closing. You will visit the property one final time to verify that everything is in working order, that everything is the same as the last time you viewed the property, that there are no extra items left behind by the previous owner, and that everything included in your purchase is still there.
Bring the following items to the closing:
Picture I.D. (drivers license, passport, etc.) The closing attorney will need to make a copy of it for the registry of deeds.
Personal checkbook. In case you have to pay for any incidental charges such as heating oil, bottled gas, taxes, etc. that have already been paid by the seller.
Certified Check in the amount given to you by your lender.
We are there to help you should an unforeseen issue pop up, even at this stage. In case something at the property breaks or some other minor detail rises up there is no need to worry. These things happen, so we know how to handle them efficiently and in a stress free manner.
The closing agent will furnish all parties involved with a settlement statement. The settlement statement summarizes and details all the financial transactions enacted in the process. You and the seller(s) will sign the statement together with the closing agent, certifying its accuracy. If you are actually obtaining financing, you will have to sign all pertinent documentation required by the lending institution as well. If you are unable to attend the scheduled closing, arrangements can be made depending on the circumstances and the notice you give us. If you are bringing the funds to the transaction, you can choose to either have the funds wired electronically into the aforementioned escrow account, or bring a certified bank check to the closing in the amount specified on the settlement statement. The seller will usually arrange to have all property keys and any other important information and items for you at the closing so that you may receive them at this time.
“Candy and Dave with Team Goddard were instrumental in helping me sell a niche rental property in July 2023, for cash, in a record time and a most hassle free process!! Their accumulated experience, knowledge, problem solving skills and business insight taps into all aspects of real estate. They are resourceful, responsive, respectful of your investment and bottom line and will close any deal out there regardless of which side of the ticket they’re on. Hands down, the best possible team you can hire for your real estate needs in the Chicagoland area. Thank you guys for yet another great experience using you!”
“Ok I will start off saying I know a lot of realtors and by far Candy & Dave are the best I’ve ever seen. They care about there clients. They constantly communicate through texts, emails, voicemails, and phone calls. Candy is definitely a GO getter and she is on top of her game. She will provide the most honest information and she will fight to get you top dollar for your house however she will provide honest information on comparables and will explain to you how to get the best value out of your house. Dave & Candy will lead you for success and tell you things like if you tighten this cabinet or paint this wall or anything that is not sticker shocking. These people are very knowledgeable. I felt I should write this long information because I had such a wonderful experience and please don’t be like oh yea this review is because this person knows Candy & Dave. I want to put it out there I do not know them or have any history with them I litteraly met them a couple months ago and they sold my house in 24 hours of listing…. So I do know they now will become my friend and connection for future purchases!!! Great job guys and thank you for all your connections and hard work!! Keep doing what your doing!! The real world out there is in it to make a buck. You guys are in it for a buck as well but the difference with you guys you actually care about your clients!! ❤️”
This semi custom home has 4 bedrooms, 2.5 bathrooms, a 2 car garage, a massive enclosed patio, and a back patio. 2,647 square feet of finished living space for only $509,896! Contact Dave or Candy for a showing today 630.310.8315 or email [email protected]
From the MLS: This rarely available 2,674 sq ft semi-custom brick-faced ranch is an entertainer’s dream. This home welcomes you with a formal living room, separate dining room, and spacious family room designed for gatherings. The heart of the family room is graced by a stunning brick, gas-start fireplace, creating a warm and inviting atmosphere. Completing the picture is a convenient dry bar, thoughtfully equipped with a beverage fridge for added sophistication and ease during your hosting endeavors. The spacious gourmet kitchen has been tastefully updated with high-end Wood-mode Brookhaven custom cabinetry featuring dove-tailed drawers with dividers, rollouts and spice rack. Silestone quartz countertops and stainless steel appliances, including a separate electric wall oven and warming drawer. The expansive private master bedroom suite boasts a generously-sized walk-in closet with built-in organizers and an oversized master bath. The master bath is a luxurious retreat, featuring a large corner Jacuzzi tub, a separate shower, and double vanity sinks with opulent Corian countertops. Additionally, there are three spacious bedrooms two with built-in closet organizers, with easy access to a fully updated bath featuring a deep soaker tub, two shower heads, and Corian surround. The home also features a spacious updated powder room, convenient laundry room, and storage room. The fourth bedroom is currently utilized as an office, showcasing beautiful built-in custom cherry cabinets and a center desk with granite countertops all included in the sale. Outdoor spaces further enhance the home’s appeal, including a park-like private backyard adjacent to open space, an enclosed porch and the option to enjoy beautiful nights on either the private12’x10” paver brick patio or the front 16’x10′ courtyard patio. Furthermore, the property includes a 2.5 car heated garage for added convenience and comfort. Contact Dave & Candy today! 630.310.8315
Discover the epitome of luxury living in this meticulously remodeled two-story condo! With a spacious open floor plan, a stunning master bedroom featuring a modern bathroom, and a chic kitchen, this condo exudes elegance. Updates include new flooring, kitchen cabinets, stainless steel appliances, A/C unit, and fresh paint in 2023. Conveniently located near Bartlett train station and downtown Bartlett. Don’t miss out on the chance to call this masterpiece your home!
From the MLS: Absolutely stunning! This fully remodeled two-story condo is a true masterpiece, eagerly awaiting your presence. It occupies the first and second floors of the condo building, providing an open floor plan that is both spacious and inviting. The master bedroom is a standout feature, showcasing a fully updated bathroom with exquisite tile surrounds and a sophisticated quartz countertop. Descend the charming spiral staircase to discover the well-appointed kitchen, a convenient half bath, and a generously proportioned sunken living room that adds an extra touch of elegance. For added convenience, you’ll find a washer and dryer right within the unit. This condo has benefited from a series of updates, including brand-new flooring throughout, updated kitchen cabinets paired with elegant quartz countertops and stainless steel appliances, and a modernized half bath. Additionally, a new A/C unit has been installed, and the entire space has been freshly painted in 2023. Generous storage space is available on the third floor of the building for your additional storage needs. Additionally, the location is ideal, as it’s just a short four-block stroll from the Bartlett train station and the lively downtown Bartlett area. Don’t let this incredible opportunity slip through your fingers – make this condo your new home today!
This 1 bedroom, 1 bathroom condo is 730 Square Feet for only $147,896. Great east facing view from the sundeck patio on the 6th floor. This condo also has granite countertops and in unit laundry. The building is full amenity and includes everything from doorman to a pool. Contact Dave or Candy for a showing today 630.310.8315 or email [email protected].
From the MLS: LIVE IN LUXURY IN THIS BEAUTIFUL FULL AMENITY HI-RISE BUILDING. AMAZING EAST FACING VIEWS FROM THE 6TH FLOOR OVERLOOKING THE SUNDECK PATIO,POOL AND GLORIOUS SURROUNDING AREA INCLUDING THE CHICAGO SKYLINE. UNIT HAS NEWER CASEMENT WINDOWS, MAPLE KITCHEN CABINETS W/GRANITE COUNTERTOPS AND CAN LIGHTING ALONG WITH IN UNIT LAUNDRY. YOU WILL NOT REGRET LIVING IN THIS BEAUTIFUL FULL AMENITY BUILDING. POOL, SAUNA, WORKOUT ROOM,PARTY ROOM, GAME ROOM W/VENDING MACHINES AND 24 DOOR MAN INCLUDED. ALL ELECTRIC BUILDING! CLOSE TO METRA TRAIN STATION, I-90/I-290/355 EXPRESSWAYS,SHOPPING AND PALATINE LIBRARY. CATS ALLOWED! INVESTORS WELCOMED!!