With proven results, our team delivers an exceptional experience to our buyer clients, whether their goal is to purchase their dream home or a lucrative investment property.
WHAT YOU CAN EXPECT FROM OUR TEAM THROUGHOUT THE PROCESS:
You can expect honesty, integrity, collaboration and compassion from our team, throughout the process. In this fast moving market, you will have total commitment from Olivia’s Chicago Real Estate to deliver beautiful property options, both on and off the market.
- Privileged access to public and private listings through leading luxury brands– MRED MLS, Home Scout, Top Agent Network, The Private Listing Network, Off MLS, At Properties App private listings and directly from our relationships with other colleagues.
- Concierge services – your time is valuable, let us manage your property tours and transaction start to finish so you can move towards a smooth closing.
- Skilled negotiation and strategic value analysis to make sure you never leave money on the table. Olivia and Paul are both Certified Negotiation Experts.
- Collaboration with the largest brokerage and #1 luxury marketing firm in Chicago, @Properties. Providing powerful technology, resources, and unmatched expertise.
- 100% client satisfaction – Personalized service, discretion, consistent communication and a commitment to exceed your expectations.
How to Prepare
Then, reach out to a mortgage lender. A lender will help you to learn just how much of a home you can afford. They will verify your income, assets and credit in order to offer a pre-qualification for a mortgage. They will also help you to anticipate monthly costs, fees, and coach you on how to save and prepare for the big purchase. I work with a lot of lenders, but my favorite contacts can be found here.
Next, Research! Spend time researching the neighborhoods that interest you. Consider public transportation, proximity to work, school districts, night life, commerce, parking and all of the things that make it an ideal home for you. I advise my clients to spend time in these neighborhoods, have dinner, test out commutes, etc.
After you have focused in on your favorite neighborhoods along with your pre-approval, we are ready to set up an automatic listing alert service. This is done through the Multiple Listing Service, which is a program that real estate professionals utilize to share and disseminate real-time real estate data. It is the only truly accurate resource for listed and sold properties. The MLS allows me to set up a property search, based on your specific criteria, which will automatically email properties to your inbox. You will be notified whenever a new property hits the market or changes status, meeting your criteria. Within the database, you will have the opportunity to mark these properties as “Interested”, “Maybe”, or “Not Interested.”
Other important team members that you will need to identify, in the active search phase, are your attorney and your inspector.
2. active search
TIPS ON SHOWING
3. making an offer
When you are ready to make an offer
Once the offer is written, I will submit it to the listing agent. They will discuss the offer with their seller. Normally, there is negotiation back and forth, often discussing the terms: closing date, mortgage contingency, and primarily- the purchase price. Once the contract is agreed upon by all parties, it is signed and then distributed to your team and we move onto the next phase!
4. contract to closing
Attorney Modification + Inspection
Rules & Regulations
Simultaneously, We will also have a 5-7 day period to hire an inspector to conduct a thorough inspection of the property.
Finalizing your Mortgage
Approximately 7-14 days before closing, the lender will provide a firm mortgage commitment. The lender and attorneys will complete closing documentation needed to conduct the closing. The buyer will need to source homeowners insurance. Depending on the building, they might also need to coordinate with the building to schedule the move into the property. Within 24-48 hours of the closing, the buyer’s attorney will review an initial closing statement and inform the buyer the amount of funds needed to complete the transaction. If the funds needed for closing is over $50,000, the title company will require that they be wired to the title company prior to the closing.