Barrington IL Real Estate

Steve Smither-The  reason I recommend him as a Barrington- Inverness-Palatine Mortgage-Senior Loan Officer

As a buyers agent it is important that my team is there to support me and my clients. My service extends beyond using skilled guidance to find buyers their dream home. I need a team I can trust to take our transaction from contract to the closing table. I need to know home inspectors, attorneys, general contractors and loan officers, amongst many others.

One of the hardest things when choosing any one of these people, even your Realtor is that you have no experience with that person and have to trust your instincts and faith that you have chosen the right team for you and your transaction. So a recommendation from some-one else goes a long way to allaying your fears.

As Realtors we are often told, do not make recommendations, provide your clients with a choice of service providers and let the client decide who to use. So yes I do have multiple loan officers in my team. However I am going to stand up here and now and make a single recommendation for a senior loan officer in my area. Why?

• I have known him a very long time-our relationship goes back prior to his career as a loan officer and mine as a Realtor.
• I trust him implicitly with my buyer clients
• His knowledge is deep and broad yet if needed he has the support of a very knowledge-able and experienced mortgage broker.
• He will tell you the truth at the outset and explains everything at the start so you can make informed decisions
• I know he will do what he says - no empty promises
• His follow up is superb-he keeps his clients - (my clients) and the attorneys up to date on progress.
• He returns calls promptly
• He has rescued some of my deals when others could not come through
• His morals are high
• He truly cares about you and your transaction

It is for these reasons Steve Smither a senior loan officer in Palatine that serves my Barrington and Inverness clients is still in business when through the decline in real estate many others are not. Steve works for a company called Ardain Mortgage in Palatine which can be easily found on Algonquin Road, west just past Harper College.

If you are in the market to buy a home I recommend you talk with Steve Smither about your mortgage and ask him for a pre-approval. Then you and I will be well set to start your dream home search.

You can reach Steve at the office: 847-963-1000 or his cell 847-942-5151-please tell him how you found him. email Ssmither@ardain.com

or visit his website and apply online today.

Copyright 2010 Corinne Guest All Rights Reserved  - * Steve Smither-The  reason I recommend him as a Barrington- Inverness-Palatine Mortgage-Senior Loan Officer *

Barrington IL Mortgage Companies and Loan Officers will Pre-Approve You For A Mortgage

Yet you should not borrow the maximum amount - why?

If you are in the market to buy a home whether it be a first time home or move up home the first thing you should do is establish a spending budget. A loan officer will require information from you to establish an amount that you can borrow, all income, all outgoings - therefore setting your home spending limit. Before you go out property shopping consider the following.

If you borrow the max and buy the highest priced home you can afford are you going to have enough money every month to:

• Perform necessary maintenance on your new home.
• Pay increased real estate taxes.
• Pay increased utility bills.
  
• Attend to those small items that need immediate fiixing.
• Save enough every month to budget for those things you would like to change - remember the ones you made a mental note of to be updated this year!
• Continue to go out to dinner - movies - vacations - in other words maintain your current lifestyle.
• Afford that new - used - replacement car needed in a years time.
• Don't forget any family expansion plans!

As you can see our lives have more going on that need consideration before you borrow the maximum mortgage. You must be comfortable with the amount you are going to pay monthly - but you must also have enough to at least pay your taxes and maintain the property. Be aware of things you'll have to pay for regularly, and then items that may crop up. Examples:

• Empty septic system - annually for families of 4 or more. 
• Maintain your water softener - add salt regularly.
• Furnace and A/C servicing - helps keep your system running at peak performance and keeping bills down.
• Yard maintenance - you or a service.
• Snow removal - you or a service.

Add to this all the decorating you want to do, perhaps new furniture, a new bathroom, a new roof and the list becomes endless.

If you maxed out on the mortgage something else is going to have to give to be able to keep up - at some time in the future you will want to sell - and if your home is not maintained or kept up to date it will affect your bottom line. My advice - get the numbers - get a notebook - look at income in and new outgoings and see if you are happy with what is left every month - be honest about your outgoings - your social life is important to your well being!

Don't forget to save for a rainy day as well.

Ready to buy? Call me for some really good Barrington Loan Officers.