Looking for a Stunning Property in Highland Parks? Here’s the Definitive Checklist!
As one of the most affluent and tranquil suburban cities in Illinois, Highland Park is a visual treat for homeowners. The aesthetically pleasing city features some of the most sophisticated properties that are decked out in contemporary design, décor, and furnishings.
If you’ve been considering relocating to Highland Parks, we understand why. The appeal is hard to miss!
While looking for the perfect property can sound overwhelming, it’s not as nerve-wracking as it’s made out to be.
We’ve done the research for you and compiled a checklist to help you prioritize the right strategies and find your dream home in Highland Parks. Let’s get right into it!
1. Do Your Homework
One of the first chores to check off your house hunting to-do list is doing your homework. And you can only check it off once you’ve covered all the bases.
Look into some of the top neighborhoods in Highland Parks and determine the best location based on your preferences. Hybernia, Burr Oaks, Deere Park, Braeside, Brittany Hills, and Centennial Park are great neighborhoods for families. Consult friends and family members for more insight into the perks of each community.
We also recommend doing your own research and finding listings accordingly.
Try to think outside the box and incorporate houses that you wouldn’t normally opt for into the mix as well. You may end up discovering new preferences along the way!
2. Consult an Experienced Real Estate Agent in Highland Parks
House hunting alone can be tiring, overwhelming, and draining. If you’re not equipped with the right expertise and resources, you could end up directionless and confused.
We recommend consulting an experienced real estate agent who knows the ins and outs of Highland Parks like the back of their hand. They can help you obtain a pre-approval letter from a mortgage lender, find the right listings, look out for details, and manage price negotiations. They’ll also take care of the extensive paperwork involved so you’re on the track right.
3. Keep Your Finances In Check
Once you get pre-approved, we strongly recommend staying on budget to ensure the process runs smoothly. Keeping your finances in check will help you afford your home and prevent last-minute setbacks. We recommend following the 28/36 rule to effectively balance your monthly household expenses and gross monthly income. Being careful about these nuances will make the buying process much easier.
4. Strike the Perfect Balance Between Staying Cautious and Flexible
There’s always going to be that one property that you fall madly in love with but can’t invest in because of certain complications. Similarly, you may find the perfect home on paper that fits your budget and checks of all the boxes but doesn’t make you feel giddy with excitement.
It’s important to strike the perfect balance between staying cautious and flexible to ensure you make the right decision. Be open to potential renovations. However, we also recommend being realistic and consulting your real estate agent to avoid making an impulse purchase that induces regret in the long run.
5. Plan for the Future
Envision living in the property five, ten, or twenty years from now, depending on your plan. If you plan on having kids, decide whether the space is sufficient for potential family expansion.
Instead of determining whether a certain house fits your needs currently, look into the future so you can make a smart investment.
We also recommend having a laser-sharp focus on analyzing different features of the space, including the heating system, electrical system, plumbing, air conditioning, windows and doors, layout, and furnishings, among other aspects. Thorough home inspection will help you steer clear of complications and make an informed decision.
Ready to get started? As the leading real estate agent in Highland Park, Erik Gimbel has extensive experience in helping clients buy stunning properties that check off all the boxes.