The Home Buying Process

Selecting a Realtor
Buying a home is a big decision. Especially if you are a first time home buyer. You need a real estate agent you can trust to be on your side. Mark Latuszek is a Realtor who is the best at finding dream homes. He will walk you through the home buying process from start to finish. Step by step.

Pre-Approval Letter
If you are planning on buying a house either as a first time home buyer, or trading up, the first step in the home buying process is to talk to a mortgage broker to get a pre approval letter. The purpose of a pre approval letter is to let your realtor and the home sellers that you have the wherewithal to purchase a home.

Shopping for your Dream Home

Searching for your dream home can be like searching for a needle in a haystack. There are so many homes to choose from, how will you ever find your perfect house? Mark Latuszek is a Realtor who is the best at finding dream homes. Especially for first time home buyers. He will walk you through the home buying process from start to finish, and help you identify and prioritize what you want in a home; home style, affordability, neighborhood, and amenities. An effective house search can help you save time and ensure the house you ultimately buy is the right home for your needs.

Making an Offer on a House

When making an offer on a house, especially for first time home buyers, should determine a fair market price for the home. Your real estate agent, or realtor, can do a comparative market analysis or CMA so that you can make an informed decision. They will look at the home’s condition and amenities compared to similar homes that have sold in the area. They will also take into account other factors like current market trends. How fast houses are selling? Are there multiple price reductions? Are the sellers motivated?

Home Inspection

I, along with many real estate agents, will not allow a home buyer to purchase a home that is worth hundreds of thousands of dollars without having a home inspection. A home inspection is a major part of the real estate home buying process. You will be surprised how thorough a home inspection is. A good home inspector, in addition to checking every aspect of your home, they will also explain how you need to maintain the home.

What is Private Mortgage Insurance PMI

If you’re a first time home buyer, you probably never heard of Private Mortgage Insurance or PMI. Private Mortgage Insurance allows you to buy a house with less than 20% down because mortgage insurance helps protect the lender in case the home buyer defaults on the loan.

Home Appraisal

During the home buying process, your mortgage lender will request that you do a home appraisal. A real estate appraisal is an unbiased professional opinion of the value of a property. It protects the home buyer as well as the mortgage lender from overpaying for the house.


Applying for a Loan

Looking to buy a home in Chicago? Start your search here with the expert advice of Chicago real estate agent, Mark Latuszek. In this video, he'll walk you through the basics of applying for a loan and help you find the perfect home.

Don't miss out on your chance to explore all that Chicago has to offer! Watch this video to learn about the ins and outs of buying a home in the city, from the basics of applying for a loan to advice for homebuyers of all levels of experience. With Mark Latuszek as your guide, you'll be in good hands!.


Earnest Money

In this video, we'll answer the questions "What is earnest money?", "Can earnest money be refunded?", and "Can I lose my earnest money?"

If you're thinking of buying a home, then you need to know about earnest money. This is a deposit you make when you're interested in buying a home, and it's an important part of the home buying process. It gives the seller a certain amount of protection. In this video, we'll explain what earnest money is, and how it works in the home buying process. We'll also answer the question of whether earnest money can be refunded, and if not, how to protect yourself from losing it.


Title Insurance

In this video, we're going to talk about Title Insurance and what it is.

Title Insurance is a insurance policy that protects the owner of a property from losing ownership of the property due to a debt or another financial obligation. Title Insurance can help prevent complications during the sale of the property, which can save you time and money. If you're interested in buying a home, be sure to talk to an experienced real estate agent like Mark Latuszek. He can help you understand the ins and outs of Title Insurance.


Coming Soon! – Sofie's World