Template
Chicago Homebuyer Checklist
In Illinois, there are many steps to buying a home. Use this checklist to make sure you know the whole process! Send me an email: andrew@andrewhasdal.com.
Phase 1 - Introduction (1-2 days)
Sit down with REALTOR
Fill out wants/needs list
Contact lender, obtain pre-approval
Phase 2 - Pre-Contract (1-60+ days)
Search for a home
Decide on the one!
Research home, get info from listing agent
Review comparable sales in the area with agent
Agent presents offer and negotiates with sellers
Phase 3 - Inspection Period and Attorney Review (5-10 days)
Agree to terms; Obtain executed documents
Turn in initial earnest money; Send contract to pertinent parties
Set up and attend inspection
Obtain inspection report and review with agent
Send report to attorney with items to address
Review condo/home documents with attorney
Attorney sends modification letter
Negotiate any outstanding details
Phase 4 - Financing (5-30 days)
Attorney review complete; Turn in balance of earnest money
Send any outstanding documents to the lender
Lender orders appraisal
Lender collects remainder of condo/home documents needed
Lender send loan to underwriting
Clear to close!
Phase 5 - Closing (3-7 days)
Set up utilities in your name; Coordinate move
Lender sends closing disclosure 3+ business days before close
Final walkthrough one hour before closing or the night before
Address any issues from walkthrough if necessary
Closing day!
This creates a private checklist in your account.