STEP 1Steps to a Home Purchase
STEP 2 LENDER PRE-APPROVAL
STEP 3 WRITE OFFER & NEGOTIATE PRICE
STEP 4 HOME INSPECTION
POST INSPECTION AGREEMENT
STEP 5 ORDER HOME WARRANTY (OPTIONAL)
APPRAISAL ORDERED BY LENDER
FINAL COMMITMENT LETTER BY LENDER
SCHEDULE HOMEOWNERS INSURANCE
FINAL AMOUNT NEEDED FOR CLOSING
SCHEDULE UTILITY TRANSFER
FINAL WALK THROUGH
STEP 1 DETERMINE HOW
CAN AFFORD: GET PREQUALIFIED AND
Lenders typically recommend
homes with a cost no more than Initially you'll provide some financial
three to five times your annual information to your lender - such as
household income, with a 20% your income and amount of savings.
down payment and moderate
amount of other debt. For preapproval, your lender will
need W-2 statements, paystubs, bank
PREVIEW HOMES & account statements and to run a
WRITE OFFER credit check.
After touring homes in your price
range, I'll assist you in writing an
offer on the right home. We'll
present a fair offer based on the
value of comparable homes in the
area. We may need to negotiate
this offer with the sellers until
HOME POST HOME
INSPECTION INSPECTION WARRANTY
The immediate step
A home warranty can
after making an offer
This form will be used be purchased to
and having it accepted
after the home cover repairs and
is to complete any
inspection if there are replacements on
inspections that the
any counter-offers to systems and
offer was contingent the seller, asking that appliances in your
upon. If one of the
items considered home, usually for a
contingencies was a
defective or problems period of a year. This
home inspection, you'll
relating to the safety may include coverage
have a certain number
of the home are of your home's
of days to complete
corrected prior to electrical, plumbing,
this after the offer is
closing. heating, and air
accepted. conditioning systems
as well as other home
TITLE SEARCH APPRAISAL
Title is the right to own, possess, use, An appraisal is an estimate of the
control and dispose of property. When value of a property. Although the
purchasing a home, you are actually primary goal is to justify the lender's
buying the seller's title to the home. investment, the appraisal can also
protect you from overpaying.
Before the closing, a title search will
be conducted for any problems that Your lender will typically hire the
might prevent you from a clear title to appraiser and charge you a fee for
the home. the service at the closing.
You will also want to determine how FINAL COMMITMENT
you wish to hold title to the property - LETTER
especially if you're buying with a
spouse, a partner, family member, or After the lender approves your loan,
colleague. you will get a commitment letter that
stipulates the loan term and terms to
the mortgage agreement. This final
commitment letter will include the
annual percentage rate and the
monthly costs to repay the loan. It will
also include any loan conditions prior
USING AN ATTORNEY
FOR BUYING REAL ESTATE
Buyers may wonder why to use an attorney if they already have a contract with the seller. An
attorney who practices real estate law will provide the buyer with experienced insight and
expertise, giving them peace of mind during the closing process.
An attorney may provide the following:
DOCUMENT REVIEW CLOSING FIGURES REVIEW LEGAL ADVICE
Contacts the Seller's attorney Verifies closing figures from the Provides legal advice in any
to ensure the Title Seller's attorney. These figures negotiations post contract,
include all expenses concerning including inspection issues.
Commitment (which discloses the sale and satisfaction of liens
all liens and titles existing on Remains available through the
and encumbrances on the closing process and attends the
the property) is reviewed. property. closing to review all documents
Reviews all documents Contacts applicable sewer tax presented to the buyer.
prepared by Seller's attorney entity to obtain a proration
through the closing date.
for closing, including the
Deed (which conveys the title Obtains the most recent tax
information and tax assessment
to the Buyer.) for the property to prepare closing
Lenders require proof of insurance on a
home before issuing a mortgage. Payments
toward a homeowners insurance policy are
usually included in the monthly payments of
FINAL AMOUNT FOR
You won't know your final cost for closing
until the last couple of days. You'll find the
summary of costs on the HUD-1 document.
Always check with your lender before doing any
of the following prior to closing on your home:
Making a big purchase:
Avoid making major purchases, like buying a
new car or furniture, until after you close on
the home. Big purchases can change your
debt-to-income ratio that the lender used to
approve your home loan and could throw the
approval into jeopardy.
Opening new credit:
Do not open any new credit cards or get a loan
without speaking to your lender first.
Missing any payments:
Pay your bills on time to keep your credit score
Avoid any transfers of large sums of money
between your bank accounts or making any
undocumented deposits - both of which could
send "red flags" to your lender.
Keep the same job:
Be kind to your boss and keep your job. Don't
begin looking for new work right now, unless
it's a second job to make extra money.
STEP 5 A FEW THINGS TO BRING TO
A valid government issued photo ID
THE CLOSING PROCESS Cashier's check for the total amount due
FINALIZES THE Outstanding documents for the title company or mortgage
PURCHASE OF YOUR
HOME AND MAKES WHAT TO EXPECT
EVERYTHING OFFICIAL. The escrow officer will look over the purchase contract to:
ALSO KNOWN AS identify what payments are owed and by whom; prepare
documents for the closing; conduct the closing; make sure
SETTLEMENT, THE taxes, title searches, real estate commissions and other
CLOSING IS WHEN YOU closing costs are paid; ensure that the buyer's title is recorded;
RECEIVE THE DEED TO and ensure the seller receives any money due.
YOUR HOME. YOUR COST
Some of the most common fees include:
PRIOR TO CLOSING,
YOU SHOULD CHANGE Escrow fees
Recording and notary fees, if applicable
ALL UTILITIES INTO Title search and title insurance
YOUR NAME, AND Origination, application and underwriting fees from lender
COMPLETE A FINAL Local transfer taxes
WALK THROUGH TO Homeowners Insurance
Home Owners Association fees, if applicable
CHECK FOR ANY
OUTSTANDING ITEMS. AFTER CLOSING
Make sure to keep copies of all closing documents for tax
THE DECISION TO BUY A
HOME IS AN EXCITING ONE.
AS YOUR AGENTS, WE GO
ABOVE AND BEYOND TO HELP -
consistently providing you with the
expert guidance you deserve
throughout the home buying process.
REALTOR ® susan
EXCELLENCE, EXPERIENCE, RESULTS.
about s u s a n c h a r l i e r
Energetic, dedicated and passionate, that’s how Susan Charlier’s clients describe her. As a former television news anchor
and Emmy Award winning journalist, she brings a unique expertise to her clients with exceptional communication and
negotiating skills and extensive relocation experience.
Susan is committed to providing clients with a tailored approach to buying or selling their home, each uniquely designed to
meet their needs. It all starts with listening to each client’s needs. Susan then creates a personalized plan including a
staging strategy and the creation of a custom and creative marketing plan. It ends with persuasive negotiating skills and a
smile; as each customer reaches their real estate goals.
Susan is a multi-million dollar producer and honored to be part of Berkshire Hathaway’s President’s Circle. She is a Chicago
suburbs expert with local, national and global reach. She works with all levels of buyers and sellers, representing multi-
million-dollar luxury homes as well as first time buyers and sellers.
Susan works tirelessly to ensure her client’s goals are met building a special and trusting, life long relationship with her
clients. It is this dedication, warmth & work ethic that sets her apart from all others. The result…the majority of Susan’s
clients come from referrals from supremely satisfied customers. Susan loves what she does and it shows.
REALTOR ® anne
about a n n e m a d d e n
Anne Madden is a highly experienced multi-million dollar producer who serves communities throughout the western suburbs.
Anne began her real estate career in 2005 and with the utmost professionalism, resourcefulness and dedication, delivers
exceptional results to her valued clients.
In representing her clients with a high level of personalized service, Anne takes great care to clearly communicate with and
listen to her clients’ specific needs. Anne’s client-centric approach is results driven. When consulting with Anne, her sellers
receive up to the minute market data and a creative and well-organized marketing strategy that maximizes their property’s
exposure to the most qualified buyers. In working with buyers, Anne acts with tenacity and dedication to find her clients
their ideal property while keeping them abreast of ever changing market dynamics. Anne spends the time and energy to
cover every angle in researching and providing her clients with the critical information needed to make thoughtful and
balanced decisions about their real estate investment.
Anne’s real estate experience in urban to suburban transitions and corporate relocation services has complemented her
breadth of knowledge of the west suburban region to include Hinsdale, Clarendon Hills, Oak Brook, Western Springs, Burr
Ridge, La Grange, Downers Grove, Willowbrook, Westmont, Darien, Elmhurst, Wheaton, Glen Ellyn and Naperville. Anne is
delighted to share features of these distinct communities and share resources to complement each client’s real estate
Anne readily delivers results that are beyond her clients’ expectations and is truly a dedicated professional who is
passionate about helping her clients reach their personal real estate goals.
A globally respected business name, national connections and deep local roots uniquely position Berkshire Hathaway
HomeServices Chicago to meet the needs of our clients.
Starting in 1930, we have been a part of the Chicago-area real estate landscape consistently providing high-quality
representation and outstanding service to generations of home buyers and sellers. From our earliest days in Chicago
and Glenview, we have become leaders in the brokerage industry by developing relationships with our clients and our
communities. Our affiliation with the Berkshire Hathaway HomeServices network gives us unmatched international
alliances with brokerages around the world.
Berkshire Hathaway HomeServices is the top real estate brand in the nation. With more than 50,000 agents and
1,500+ offices*, we offer an unmatched national and global network. Our company is built on proven operational
excellence, demonstrated integrity and the reputation of Berkshire Hathaway, one of the world’s most admired
companies. Our powerful Global Network Platform equips our agents to work in a world that is mobile, online and
social, complementing our deep industry expertise and unmatched business knowledge.
A GLOBAL NETWORK OF OPPORTUNITY
50,000+ AGENTS, NEARLY 1,500 OFFICES AND GROWING
Berkshire Hathaway HomeServices Reach
BHHS Network February 2022, map is subject to change along with the rapid growth of the network.
JEN & WILL, BUYER & SELLER
"We knew Anne and Susan are extremely knowledgeable, professional, and
honest with their clients. We knew we could trust their expertise and advice
with anything that came with selling our home. Their marketing and
experience was top notch and allowed us to sell our home quickly and for
Everything was handled professionally and honestly. Anne and Susan
always spoke to us about where we were at in the process and ensured any
questions we had were answered. They made sure we understood
everything in the process of selling our home.
We could not have asked for more from Anne and Susan. They are stellar
agents who made the home buying/selling process understandable and
manageable. They were available at any time and always communicated with
us at any moment. They are highly professional as well as friendly
throughout every step.
We could not have asked for a better experience and are so pleased to have
had the opportunity to work with Anne and Susan! We highly recommend
them to anyone else looking to buy/sell. They are very knowledgeable and
experienced agents who will take the utmost care of their clients.
Again, we could not ask for a better experience. Everything was smooth and
we knew we were in such great hands. We felt completely taken care of and
trust Anne and Susan with all of our home buying/selling experiences!!"
BETH, BUYER & SELLER
"Where do I even start...Anne Madden and Susan Charlier are the best team
I could have hoped for in selling my home and buying a new home. These
two ladies are not only professional but they are thorough, savvy and they
love what they do. They took on my project and made my goals their own
goals. In this process I not only successfully sold a home, but found the
perfect home to start my new chapter. From start to finish, they always kept
me informed and they listened to my requests.....even if it was a text at
Anne and Susan made a stressful situation, fun and pain-free, and made
sure that they were attentive to every detail throughout the process. I truly
value their work ethic and their promise to deliver. Not only did I gain two
fantastic realtors in the process, but two friends that I know always had my
best interests in mind. Anne and Susan are a true example of what a realtor
should be, with high regard for honesty, professionalism and most of all
Hands down...hire this team.....they will make it happen! Teamwork makes
dream work is truly their motto."
AN AGENT YOU SUSAN, SELLER
"Susan Charlier is a dream to work with. She
WITH THE EXPERTISE constantly went above and beyond what a
TO HELP normal agent would do. Susan treated me like a
lifelong friend... even though we were just
SAVE YOU MONEY. introduced. I know I couldn’t have sold my home
without Susan Charlier at the helm... she is the
ydroeuarm IS WITHIN REACH. difference maker!"
home JOHN, BUYER
considering "Anne has earned our highest recommendation to
BUYING OR SELLING? anyone looking to purchase a new home in the
western suburbs of Chicago. Anne is fantastic to
Navigate the real estate market contact us work with in that she is always timely,
with the proper guidance - TO SET UP AN knowledgeable, and direct throughout the entire
APPOINTMENT purchase process."
a proven marketing plan
experienced negotiation Susan Charlier JAN, SELLER
tips on staging your home
constant contact REAL ESTATE BROKER + "Not only is Susan extremely knowledgeable
professional photography LUXURY SPECIALIST about her work, but goes without question,
honesty & integrity beyond the call of duty in every aspect. She
cell - 630.487.8676 staged my home so well, that I almost didn’t
[email protected] want to move! Susan’s tremendous dedication,
determination, enthusiasm and energy makes her
www.susancharlier.com the 'Best!'”
Anne Madden KEYAN, SELLER
BROKER + WEST "Anne was very insightful about what needed to be
SUBURBAN SPECIALIST done to sell the house quickly (our primary goal),
extremely energetic and hard working in preparing
cell - 630.887.8261 and showing the house, a smart negotiator with
[email protected] potential buyers, and a great communicator. She
went above and beyond in many ways, and I
www.annebmadden.com recommend her highly to any prospective seller
@annemaddenrealtor 35 S. Washington St.
Hinsdale, IL 60521
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