7 Luxury Condo Buying Tips for First-timers

December 26th, 2014 by: relatedchicago

luxury-chicago-condosIf a luxury Chicago condo purchase is in your foreseeable future, you’ll undoubtedly exhilarated at the prospect of enjoying an optimal quality of life, but you may also be a bit apprehensive as well. Following are seven tips to help make your upcoming real estate purchase go as smoothly as possible.

1. Choose a Realtor Who Knows the Area

A Chicago realtor who truly knows the area will be able to guide you to the properties that best suit your individual needs and preferences.

2. Choose an Experienced Realtor

Experience is essential when selecting a realtor, so be sure to ask potential candidates how long they’ve been in business.

3. Make a List of Amenities That You Absolutely Must Have

Developing a clear picture of your wants and needs in a home will make your search much easier.

4. Research Market Prices

Spending several hours researching prices online will provide you with a good idea of what you can expect to spend.

5. Visit Neighborhoods That Interest You

If you find yourself drawn to specific neighborhoods, visit them during different times of day to get a good feel for what it might be like to live there.

6. Investigate HOAs

Some HOAs may be more restrictive than you’d like, while others may be too lax for your tastes. Finding an HOA that suits you will make life in your new condo more pleasant.

7. Choose the Best Possible View

Selecting the unit with the best possible view will increase your quality of life as well as make Chicago real estate easier to resell in the future.

For more information on finding a good Chicago realtor, contact us at your convenience.

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