Romanelli & Associates Inc. is a family owned and operated, full service Real Estate Brokerage Firm operating out of Oak Brook, IL. Established over 30 years ago, our full time staff offers a complete range of services to meet all of your real estate needs. With over 65 years of combined experience serving Hinsdale, Oak Brook, Burr Ridge and the surrounding areas, we are well known and respected in the community. As a client centered business, we go above and beyond to make sure that each and every one of our clients receives superior care.
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There are many steps involved in the home buying process. By understanding what they are, and how to prepare for them, buyers can eliminate any unforeseen steps along the way. The first step in the home buying process is to find out how much you can afford. Your lender will look at your income, credit scores, revolving debts and obligations as well as advise you on which type of loan would best suit you.
When it comes time to purchase a house, there are many helpful tips that can make this process easier for you. Below we have defined home buying advice that we give to our very own clients. The last thing you want to do as a home buyer is to purchase a home that you can't truly afford. All too often buyers "bite off more than they can chew" and get caught in a downward spiral of financial distress.
Given the large scale nature of most real estate transactions, financing is required in order for buyers to obtain the funds they need to satisfy the purchase requirements. Becoming familiar with the different financing options available, you can better prepare yourself when the time comes to make an offer.
Buying a home is one of the most significant purchases that a consumer will make in their lifetime. In addition to deciding on the perfect location, it also requires investing a large portion of one's assets into the venture. Although this may be a scary and overwhelming thought initially, there are many benefits in owning your own house.
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Stephen Augle Sr
Jan 18, 2021
