Tips for First Home Buyers from Yorkville IL Real Estate Agent

Yorkville IL real estate agent tips for new home buyers

Buying a home for the first time is both exciting and daunting. Yet, with the knowledge and experience of a qualified Realtor, you can approach the first time purchase of  a home with ease and confidence. Here are a few words of wisdom from Yorkville IL real estate agent Lauralee McElroy. Her years of experience with new home buyers can help you approach this new step in life.

Think Longterm

It’s tempting to think about buying your first home only in present terms. You might be thinking about what you would like in a home right now. Perhaps you only need a couple bedrooms because your family is small. What new buyers often neglect is to recognize that a home is something you may have for many years. Do you plan on having more children a couple years down the line? Is there a chance an elderly relative might move in with you? Experience as a real estate agent in Yorkville IL has proven that the emotions involved in a first buy can greatly restrict people from taking in all the necessary considerations. For example, even if you do expect to move in a couple years, what are the chances you will be able to resell the house? When considering a house, don’t just think about your own preferences. Consider those of the potential sellers that might buy the home after you.

Count the Costs

There are various costs involved in buying a house. The down payment and monthly mortgage payment aren’t the only ones in queue. Here are a few others to keep in mind:

  • Interest
  • Taxes
  • Insurance
  • Utilities
  • Transportation
  • Local grocery costs

While providing real estate services as an agent in Yorkville IL and the western suburbs of Chicago, Lauralee has had the opportunity to see how these costs can vary from area to area and throughout different economies. Contact this experienced Yorkville IL realtor to learn more about the costs involved for your specific situation.

Learn About the Neighborhood

Are there many renters around the house you are considering buying? How are the landlords? It only takes a few to drive down the neighborhood, and the value of your home. Remember, we all affect each other. Also, consider the distance and amount of time it will take to travel to local shops, grocery stores, etc. And be sure to look into schools, especially if you think you may have children in a few years. For more considerations to make a first time home purchase, contact Yorkville IL real estate agent Lauralee McElroy. Your dream home is her priority.

Contact Yorkville IL Real Estate Agent | REALTOR Lauralee McElroy Today!

Swanson Real Estate – Lauralee McElroy
129 Commercial Drive #17
Yorkville, IL 60560
Phone: 630.669.8806