Although it feels like winter in Chicago will never end, spring is right around the corner. As temperatures rise, so does activity in the Chicago real estate market. If you’ve been considering buying or selling this year, prepare yourself with the following suggestions so you are free to jump at the perfect opportunity when it arises.
1. GET MORTGAGE PRE-APPROVAL
There’s no reason to wait until you’ve found your dream home—prepare yourself for the process by applying for mortgage pre-approval now. Having your pre-approval number in hand can help you formulate a realistic goal based on your personal finances. I’d be happy to connect you with a mortgage broker to begin the process.
2. MAKE YOUR HOME READY FOR SHOWINGS
Planning to sell your home this spring? People always underestimate the amount of time and effort it takes to de-clutter, remove personal items from common areas, and thoroughly clean their spaces. Also, if you get started sooner rather than later, it may be advantageous to paint the interior of your home for a fresh, inviting feel before it hits the market.
3. CREATE A LIST OF MUST-HAVES
Formulating a list of must-have features you’re looking for in a home is certainly helpful for your real estate agent in deciding which properties to show you. But having an organized list of what your necessities are—and what items you’d ultimately be willing to compromise on—will help you be a more efficient buyer. Creating a list of priorities also helps if you’re purchasing a home with another person, so you can both be in agreement about the most important features ahead of time.