Found 372 blog entries tagged as For Buyers.

When it comes to finding the perfect place to call home in Geneva, IL, the decision between purchasing a townhouse or a condo can be a tough one. Both options have their own set of benefits and considerations, but ultimately it comes down to your lifestyle, preferences, and budget. In this blog post, we will explore the differences between townhouses and condos in Geneva, IL and help you make an informed decision on which type of property is right for you.

Image of a row of townhousesTownhouses in Geneva, IL

Townhomes offer a unique blend of privacy and community living. With individual units that share walls and often come with their own yard or outdoor space, townhouses provide a sense of independence while still being part of a larger community. These properties are …

793 Views, 0 Comments

Read Full Post

If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home.

When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements. Realtor.com shares:

“A smaller home typically means lower bills and less upkeep. Then there’s the potential windfall that comes from selling your larger home and buying something smaller.”

That windfall is thanks to your home equity. If you’ve been in your house for a while, odds are…

292 Views, 0 Comments

Read Full Post

As the lines on a chart trend upwards, they tell a story of change and growth. This Median Sales Price graph presented by The Kombrink Team of One Source Realty is a prime example, illustrating a notable trend in the housing market of the Chicago area. It captures a tale of suburban allure, showing that the charm of the suburbs has not waned but has rather intensified, particularly in the period from January 2021 to March 2024.


Median Sales Price graph for Chicago, St Charles, Geneva, and Batavia Illinois


One can't help but observe that home prices in the suburbs have escalated more vigorously than those within the city limits. This is indicative of a broader national trend, wherein suburban homes have risen by 5.5% more than their urban counterparts. It appears that the thirst for more space, perhaps fueled by the remote…

383 Views, 0 Comments

Read Full Post

Geneva's real estate market has been the subject of much discussion among potential homebuyers, sellers, and investors. The latest chart depicting the median sales price of single-family homes in Geneva provides a compelling narrative of the housing market's performance over the past few years. Let's unpack this graph to understand what it tells us about the current state and possible future trends of the Geneva housing market.


Geneva IL Median Home Sales Price

Steady Growth in Median Sales Price

The data illustrates a robust increase in median sales prices from January 2021 to March 2024. Beginning at approximately $360,000, the median sales price exhibits a consistent upward trajectory, with some fluctuations, reaching heights around $460,000. This rise represents a…

506 Views, 0 Comments

Read Full Post

If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate. An article from US Bank explains:

“A credit score isn’t the only deciding factor on your mortgage application, but it’s a significant one. So, when you’re house shopping, it’s important to know where your credit stands and how to use it to get the best mortgage rate possible.”

That means your credit score may feel even more important to your homebuying plans right now since mortgage rates are a key factor in affordability. According to the Federal…

255 Views, 0 Comments

Read Full Post

a screenshot of a website

Some Highlights

  • If you’re looking to buy a home in 2024, getting pre-approved is a key piece of the puzzle. Mortgage pre-approval means a lender checks your finances and decides how much you’re qualified to borrow.
  • As more buyers re-enter the market, it’ll help you make a strong offer that stands out from the crowd.
  • Talk to a trusted professional to learn more and begin your homebuying process today.

Previously posted at Simplifying The Market.

244 Views, 0 Comments

Read Full Post


Are you looking to buy a new home in Naperville, IL? Look no further! The Kombrink Team is here to help you explore the diverse property options available in this beautiful city.

Naperville, IL is a vibrant and thriving community with a strong real estate market. Whether you are looking for a cozy bungalow, a spacious family home, or a luxury estate, there are homes for sale in Naperville that will suit your needs.

When searching for houses for sale in Naperville, it is important to work with a knowledgeable and experienced Realtor who knows the area well. The Kombrink Team has been serving the Naperville community for years and has a deep understanding of the local market.

From charming neighborhoods with tree-lined streets to modern…

837 Views, 0 Comments

Read Full Post

No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about.

Moving is no exception. You need insights from the pros to help you feel confident in your decision. Freddie Mac explains it like this:

“As you set out to find the right home for your family, be sure to select experienced, trusted professionals who will help you make informed decisions and avoid pitfalls.”

And while perfect advice isn’t possible – not even from the experts, what you can get is the very best advice out there.

The Power of Expert Advice

For example, let’s say you need an attorney. You start off…

233 Views, 0 Comments

Read Full Post

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case.

Unless specified by your loan type or lender, it’s typically not required to put 20% down. That means you could be closer to your homebuying dream than you realize.

As The Mortgage Reports says:

“Although putting down 20% to avoid mortgage insurance is wise if affordable, it’s a myth that this is always necessary. In fact, most people opt for a much lower down payment.”

According to the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since…

289 Views, 0 Comments

Read Full Post

Are you tired of throwing money out the window on rent every month? Do you dream of owning your own slice of paradise in St. Charles, Illinois? Well, you're in luck because buying is definitely better than renting in this charming city! In this blog post, we'll dive into all the reasons why owning a home in St. Charles is the way to go. So sit back, relax, and get ready to find your way to homeownership!

Reason #1: Equity, Baby!

Let's start with the most obvious reason why buying is better than renting - equity, baby! When you rent, you're basically throwing your hard-earned cash into someone else's pocket. But when you buy a home, you're building equity every time you make a mortgage payment. That means you're investing in your future and creating…

774 Views, 0 Comments

Read Full Post