Category: Homeownership

So, you’ve decided to sell your house in Naperville. You’ve hired Bill White Homes to help you with the entire process, and Bill White has asked you what level of access you want to provide to potential buyers.

There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access that you can provide to Bill White Homes so that they can show your home.

Here are five levels of access that you can give to buyers, along with a brief description:

  1. Lockbox on the Door – this allows buyers the ability to see the home as soon as they are aware of the listing, or at their convenience.
  2. Providing a Key to the Home – although the buyer’s agent may need to stop by an office to pick up the key, there is little delay in being able to show the home.
  3. Open Access with a Phone Call – the seller allows showings with just a phone call’s notice.
  4. By Appointment Only (example: 48-Hour Notice) – Many buyers who are relocating for a new career or promotion start working in that area prior to purchasing their home. They often like to take advantage of free time during business hours (such as their lunch break) to view potential homes. Because of this, they may not be able to plan their availability far in advance or may be unable to wait 48 hours to see the house.
  5. Limited Access (example: the home is only available on Mondays or Tuesdays at 2pm or for only a couple of hours a day) – This is the most difficult way to be able to show your house to potential buyers.

In a competitive marketplace, especially in Naperville, access can make or break your ability to get the price you are looking for, or even sell your house at all.

Naperville houses for saleThere’s always the question out there on deciding whether you should be renting or buying a home. With every large decision, there are definitely pros and cons on each side of the situation. Here are some ways where you could be at a great place to purchase a home or just rent one for now.

Do you travel a lot? If you answered “yes” here, renting might be the right option for you. When it comes to taking care of a home and all of the issues that may arise, being around for those things can be difficult if you’re traveling quite a bit.

Are you planning on staying in your current location for more than 10 years? If you’re planning on staying in the current location you’re in for another 10 years or more, buying might be the right option for you. Having a long-term plan in place for where you want to end up could mean that buying is the right situation for you.

What’s your credit like? If you have credit that isn’t as great as it should be currently, both renting and purchasing a home will be difficult for you. Many times, landlords do require a credit check to see what your payment history looks like so they can determine if you’re a good fit to live there. Additionally, finding a mortgage is difficult with a poor credit score too.

If you’re looking for more information on Naperville houses for sale, turn to the professionals at BillWhiteHomes.com today.

Often times when looking for a home, first time buyers might skip their home inspections to speed up their closing process. While this makes sense Naperville houseswhen it comes to shortening the timeframe of you getting into your new place, it’s not wise in the long run. Here are three reasons why you should never, ever skip the inspection process to speed up closing on a home.

It allows you to make up your mind – When it comes to buying a home; you want to make sure you have all the facts on the table before you sign on the dotted line. A part of making up your mind is having a pre-sale home inspection by a professional, which helps to see things that maybe you don’t see as the buyer. This includes things like a faulty septic system, heating issues, and other problems.

It keeps you safe – If you’re thinking about skipping the pre-sale inspection, think of your safety. Many times, having a professional come in and inspect the home is crucial because it identifies hazardous issues that a seller might not be aware of or expose. This helps to keep you, your family, and anyone who comes into your home safe.

It allows you to see everything for what it is – When you’re home shopping, it can be tough to see things that could be potentially dangerous, hazardous, or costly in a home you really love. An inspection by a professional allows you to see the home for exactly what it is – flaws and all – and really put your potential purchase into perspective.

If you’re looking for Naperville houses for sale, turn to the professionals at Bill White Homes. Contact us today at BillWhiteHomes.com.

In today’s highly competitive seller’s market where there are more buyers than there are homes for them to buy, some sellers may feel like the ball is in their court.

And they would be right when it comes to choosing which offer to accept, the closing date, or even which improvements they are willing to make to their house prior to selling.

One thing to remember though, is that there is always a line that shouldn’t be crossed.

Interest rates can change, financing might not go through, the appraisal might not come back at the price that you have agreed to. These are all opportunities to work with your buyer to make sure that the sale still happens.

You may think that, because buyer demand is so high right now, you can choose to make your buyer jump through hoops. But what happens if they reach their limit and need to walk away? You’re starting over… weeks, maybe months later… and other buyers may wonder what’s wrong with the house since the last deal fell through.

The Golden Rule

We were all taught from a young age to “treat others as you would like to be treated.” This shouldn’t change once you have a buyer who seems as though they would do anything to buy your home.

If you’re in the market for real estate in Naperville, IL, turn to Bill White Homes as your expert team of realtors. Contact us today and see how we can help you find the home you’ve always wanted.

Keeping Current Matters

Whether you’re a first time buyer or are looking for a summer home, deciding on what things absolutely real estate in Naperville, ILare necessary in a place can be difficult for anyone. Some buyers may have a checklist that’s four pages long, while others only have a few things they’d like to see in their future home. Regardless, it’s important to learn how to decide on what things are deal-breakers and how others can be added, modified, or taken out later. Here are few tips on how to come up with your list.

It’s necessary to living – While this may seem like common sense to some, the home buying process can cloud judgement regardless of the person’s situation. Deciding on if something is absolutely crucial to living, like a functioning shower or a well-maintained roof, is something that you need to consider when coming up with your checklist.

It’s falling within your budget – When you’re coming up with things you’d like in a home, another tip is determining whether something fits within your entire budget or not. This includes considering any added utilities you might not have thought about from the feature or regular maintenance fees that your checklist point needs to function.

Realistic wants vs. needs – Many times, people forget to take the emotion out of the buying process. While it is something that you need to approach realistically, it can be easy to rationalize certain “wants” as “needs” on your checklist. Sitting down and actually thinking about certain things as a definite “want” or “need” is essential.

If you’re in the market for real estate in Naperville, IL, turn to Bill White Homes as your expert team of realtors. Contact us today and see how we can help you find the home you’ve always wanted.

One of the many benefits of owning your own home is the freedom to find your ‘furever’ friend. By pointing out the aspects of your home that make it ‘pet-friendly’ in your listing, you’ll attract these buyers rather than alienate the 61% of American households that have a pet! If you are one of the many homeowners looking to list your home for sale, how do you stand out to the millions of pet parents searching for their dream homes? Whether a dog person, a cat person, or someone who prefers the company of another pet species, 99% of pet owners say that they consider their animal to be family. When finding a home, 95% of animal owners believe it is important that a housing community allows animals. A recent study by the National Association of Realtors (NAR) revealed that there are many aspects of the home buying, selling and owning experience that have been greatly impacted by American’s love for their pets. This should come as no surprise as $66.75 billion was spent on pets in the U.S in 2016, with $70 billion projected for 2017. NAR’s President William E. Brown shed some light on the impact of pet owners and their home search,

“In 2016, 61 percent of U.S. households either have a pet or plan to get one in the future, so it is important to understand the unique needs and wants of animal owners when it comes to homeownership. REALTORS® understand that when someone buys a home, they are buying it with the needs of their whole family in mind; ask pet owners, and they will enthusiastically agree that their animals are part of their family.”

The Power of Pets When Choosing the Right Home

  • 89% of pet owners say they would not give up their pet due to a housing restriction
  • 81% of Americans say their pets play a role in their housing situation
  • 31% of animal owners have refused to put in an offer on a home because it wasn’t a good fit for their animals
  • 19% of Americans say they would consider moving for their pet
  • 12% percent have moved for their pet

New home builders have actually begun installing retractable pet gates that tuck away neatly inside door jams as a highly requested feature in new homes to attract pet-parents, according to Builder.com. So, if you are a homeowner looking to sell in today’s pet-friendly environment, point out the features of your home that will attract pet owners:

  • Fully fenced in backyard – (91% of pet owners ranked this as the most important feature of a home to accommodate their pet)
  • Locations of dog parks/walking paths/pet-friendly beaches in the area (71% ranked this as the top feature of any neighborhood they would consider)
  • Proximity to veterinarians/groomers/pet supply stores (31%)

Bottom Line

Americans love their pets and will look for pet-friendly features in the home they wish to buy, so take advantage of this knowledge by pointing out your home’s ability to meet their needs.

Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house? Conlon responded:

“I am a true believer that you save every penny and you buy your first house… and that is still the fastest path to wealth in this country.”

Conlon went on to suggest that first-time buyers put down 10-20% “if they can make it work,” and to remain in their home at least 4-5 years to see a return on their investment.

Who is Sean Conlon, and why should you listen to his advice?

Within a few years of working in the real estate industry, Conlon had established himself as one of the leading agents in the United States and has founded 3 billion-dollar brokerages dealing in residential, commercial and investment sales. Since immigrating to America from the United Kingdom in 1990, he believes very strongly in the American Dream and the role that homeownership plays in achieving it. Conlon is quoted on his website as saying:

“I treat people the way I would like to be treated if I went in to buy a house and I work harder than anybody I know. I think if you do that in America, you will always succeed.”

Bottom Line

Homeownership is an investment you can leverage against in the future, that not only provides shelter and safety but also helps you build your family’s wealth. If you are debating whether or not to purchase a home this year, meet with a local real estate professional who can assist you, today!