First-Time Homebuyer in Lake in the Hills, IL

Buying your first home in Lake in the Hills doesn't have to be overwhelming.

At The Kombrink Team, we make the process simple, smart, and stress-free—from your first showing to the final signature. Your Lake in the Hills real estate experts for first-time homebuyers since 1991.

happy first time homebuyers

Buying Your First Home in Lake in the Hills?

Step 1: Get Pre-Approved
We'll connect you with local Lake in the Hills-area lenders to help define your budget early.

Step 2: Build Your Wish List
We’ll help you narrow down the Lake in the Hills neighborhoods, schools, and commute times that best fit your lifestyle.

Step 3: Tour With Confidence
We point out resale potential and dealbreakers—not just the pretty stuff.

Step 4: Make a Competitive Offer
In a market like Lake in the Hills, you need a strategy. We know how to win the home without overpaying.

Step 5: Close With Ease
No last-minute surprises—just keys, smiles, and a smooth closing.

First-Time Buyer FAQ for Lake in the Hills, IL

What is the average price of a starter home in Lake in the Hills, Illinois?

Starter homes in Lake in the Hills often land in the $300,000 to $400,000 range. The median listing price is currently about $385,000.

Are there first‑time homebuyer assistance programs in Lake in the Hills?

Yes. Buyers may qualify for state‑level IHDA programs, as well as county or local grants to assist with down payments and closing costs.

Who qualifies for homebuyer assistance in Lake in the Hills?

Typically, you’ll need to be a first‑time buyer, meet income limits, complete a homebuyer education course, and use the home as your primary residence.

Can I combine multiple assistance programs?

Yes. Many buyers stack IHDA grants with local or county incentives to reduce upfront costs.

How much down payment is needed in Lake in the Hills?

Most buyers aim for 3%–5% with conventional financing, though FHA or VA loans can allow lower amounts like 0%–3.5%.

What types of homes are available for first‑time buyers there?

The area offers a mix of smaller single‑family homes, townhomes, and newer subdivisions—many within commuting distance of transit corridors.

How competitive is the housing market?

It’s competitive. The Lake in the Hills market scores “very competitive.” :contentReference[oaicite:1]{index=1} Homes move quickly in desirable price ranges.

What are property taxes like in Lake in the Hills?

Property tax rates usually run between 2.0% and 2.8% of assessed value, varying by district and parcel location.

How long does it take to close on a home there?

Most transactions close in 30 to 45 days, assuming things like appraisal, inspection, and financing go smoothly.

Do I need a real estate agent to buy in Lake in the Hills?

Yes—and using one won’t cost you anything as the buyer. A local agent helps you find the right deal, negotiate, and access assistance programs.

Is now a good time to buy in Lake in the Hills?

If your finances are in order, yes. Home values are rising, competition is strong, and assistance programs can help reduce your entry cost.

First Time Homebuyer Opportunities in Lake in the Hills IL

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New

$399,000

10 Barrington Court, Lake In The Hills

3 Beds 4 Baths 2,670 SqFt Residential MLS® # 12418638

$395,000

2911 Banbury Lane, Lake In The Hills

3 Beds 3 Baths 3,163 SqFt Residential MLS® # 12432519

$394,900

$389,900

5508 Chancery Way, Lake In The Hills

3 Beds 3 Baths 1,595 SqFt Residential MLS® # 12454686

New

$389,500

3040 Banbury Lane, Lake In The Hills

3 Beds 2 Baths 1,587 SqFt Residential MLS® # 12480501

$384,900

9 Danbury Court, Lake In The Hills

4 Beds 2 Baths 1,903 SqFt Residential MLS® # 12481335

$379,990

↓ $9,910

2 Melbourne Court, Lake In The Hills

3 Beds 2 Baths 1,576 SqFt Residential MLS® # 12468155

$369,900

↓ $10,000

2350 Stanton Circle, Lake In The Hills

3 Beds 3 Baths 1,739 SqFt Residential MLS® # 12455587

$369,000

769 White Pine Circle, Lake In The Hills

3 Beds 3 Baths 2,186 SqFt Residential MLS® # 12485465

$359,900

618 Grace Drive, Lake In The Hills

3 Beds 3 Baths 1,451 SqFt Residential MLS® # 12482001

New

$330,000

413 Plum Street, Lake In The Hills

3 Beds 2 Baths 1,800 SqFt Residential MLS® # 12495284

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Why Use The Kombrink Team?

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✅ Trusted and Proven – Over 900 5-star reviews and an A+ rating with the BBB means you're in experienced, reliable hands.
✅ Full-Time Agents, Full-Time Support – Our dedicated team of 6 full-time Realtors is always available to answer your questions (yes, even the "silly" ones).
✅ We Speak First-Time Buyer – No jargon, no pressure—just clear, honest advice to help you make smart decisions.
✅ We Give Back – A portion of every home sold supports the Children’s Miracle Network and other local causes.

^{Cindy Loppnow}

Trustworthy

"Always puts our best interests up front, building trust from the beginning."

^{Bernadette Sweeney}

Knowledgeable

"His real estate knowledge is why we continue to use him over the years."

^{Hannah Swegarden}

Attentive

"Took the time to chat with us about our needs and wants."

Lake in the Hills First-Time Buyer Guide

Homebuying 101: Your Step-by-Step Guide to Buying a Home in Lake in the Hills, IL

Our free buyer guide includes:

What questions to ask your lender
The full homebuying timeline—from pre-approval to keys
Hidden costs to budget for
A checklist of must-have documents
Lake in the Hills IL first home tips

Our Preferred Mortgage Lenders

^{Claudio Prunotto}

Preferred Rate

As an experienced Senior Mortgage Advisor I am here to provide personalized solutions to suit your needs. I know financing can be an intimidating experience for a lot of people, that's why I strive to provide the highest level of customer satisfaction. I will be with you every step of the way until your loan is funded.

Visit me online

^{Jon Altizer}

Stonehaven Mortgage

As a Sr. Loan Officer, I leverage my 28+ years of experience and expertise in residential mortgage financing to provide the best service, rates, and fees for my clients. I have a proven track record of originating loans for first-time home buyers, conventional and jumbo borrowers, investors, and refinancers, as well as offering programs to meet specific needs.