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Video on No Down Payment Home Buying

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No Down Payment Home Buying
Art Gib
Buying a home in Illinois can be confusing at best, and maddeningly exasperating at worst for the inexperienced home buyer. There are so many neighborhoods catering to completely different lifestyles, from metropolitan big city Chicago, to small rural farm towns and everything in between. It can be difficult to know what you want out of an Illinois home, let alone where you want it.
Finding the right Illinois Realtor can make the experience go much smoother for you than if you were venturing the wilds of Illinois real estate alone. Here are a few tips to making your Illinois home purchase blessedly simple and as stress free as possible.
First, understand that there is more than one kind of Illinois Realtor. Selling Agents work for the best interest of their clients, the person selling property. They typically only share information about a particular property with potential buyers that the seller wants them to share. Any information that may be disadvantageous to the seller remains confidential. However, having a buyer's agent as your Illinois Realtor means your Realtor is working for your best interest, and will disclose any and all information on Illinois real estate.
Get to know the local communities and the lifestyle they offer. You should have already determined how much you can afford to pay for your new Illinois home. Your Illinois Realtor can help you narrow your search to neighborhoods that meet your financial framework, and offer the lifestyle you want. Find out about local places of interest; parks, schools if you have children, shopping, theater, churches, recent criminal activity and anything else that may be of importance to you while making your decision on where to buy a home.
Be flexible. Of course there are some things that are important to you and you shouldn't compromise. If you've always wanted to plant and tend a flower garden, don't allow yourself to be talked into buying a home without a yard. However, if you have too many specifications on your list for your Illinois Realtor to look for in a home, you may be disappointed. Be willing to consider many different options as far as architectural style or age of the home are concerned. Remember, improving and updating your home is a fast way to increase its value, and may be worth the investment.
Be prepared to do some researching into the history of any Illinois real estate you are interested in. It's a good idea to have your Illinois Realtor help you order a home inspection. Find out when the house was built, how long it has been on the market and why, what the damage and repair history of the house includes, and any changes and improvements have been made since the house was originally built. Ordering a thorough home inspection can prevent you from buying a home that requires costly repairs after you move in, or at least keep you from ignorantly taking on such a home.
When it comes to making the huge decisions involved in buying real estate, a good Illinois Realtor is your best friend. He or she can help you not only find your perfect dream home, but save you thousands doing it.
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