Find Your Ideal Home
Call Us
Visit Us
Write a Review
Browse Our Current Listings
$372,500
Active
15002 Drummond Street Cedar Lake, Indiana
3 Beds 2 Baths 1,957 SqFt 0.158 Acres
$299,999
Active Under Contract
1800 Oliver Street Whiting, Indiana
3 Beds 2 Baths 1,728 SqFt 0.109 Acres
$179,900
Active
7422 Howard Avenue Hammond, Indiana
2 Beds 2 Baths 986 SqFt 0.118 Acres
$329,000
Active
784 W 100 N Valparaiso, Indiana
5 Beds 3 Baths 3,536 SqFt 1.710 Acres
The Home Buying Process
From the initial search to the closing sale, there’s plenty that goes along with finding the right home. Rest assured that we are prepared to guide you through every step.
Step 1: Get Ready for Home Ownership
Step 2: Let’s Talk Financing
Step 3: Home Search
Step 4: Making an Offer & Negotiations
Step 5: Home Inspection
Step 6: Contract to close
Step 7: Closing Day
Helping You Through Every Step
Whether you’re looking to buy your first home or your next home, the Odegard Real Estate Team is here to help. Our agents understand that the home buying process can be exciting, but also daunting. That’s why we’re dedicated to working closely with you to meet your needs and take care of all the details.
Located in Schererville, IN with a close commute to downtown Chicago, we can assist you in finding available homes across Indiana’s Lake and Porter Counties, and the Southeast suburbs of Chicago. From searching for your ideal home to selling your current home, we can help to ensure a successful real estate experience.
Frequently Asked Questions
How much can I afford to spend on a home?
Determining how much you can afford to spend on a home depends on factors such as your income, debts, credit score, and the down payment you are able to make. As a general rule of thumb, your mortgage payment should not exceed 28% of your gross monthly income.
What are the steps involved in the home buying process?
The home buying process typically involves steps such as pre-approval, house hunting, making an offer, home inspection, appraisal, and closing. Working with a real estate agent can help guide you through the process and make sure everything is completed on time.
How much of a down payment do I need to make?
The down payment amount varies depending on the type of loan you are getting and the lender’s requirements. Generally, a down payment of 20% of the purchase price is required to avoid paying private mortgage insurance (PMI).
How do I get pre-approved for a mortgage loan?
To get pre-approved for a mortgage loan, you will need to provide your financial information to a lender. This includes your income, debts, credit score, and employment history. The lender will then determine how much you are eligible to borrow.
What are the different types of mortgage loans available to me?
There are several types of mortgage loans available, including fixed-rate, adjustable-rate, FHA, VA, and USDA loans. Each has different requirements and benefits, so it’s important to research and compare them to determine which is best for your situation
How do I choose the right real estate agent to work with?
When choosing a real estate agent, consider their experience, reputation, and knowledge of the local market. Ask for references and read reviews from previous clients to ensure you are working with someone you trust.
What should I look for when viewing potential homes?
When viewing potential homes, look for factors such as location, size, layout, condition, and amenities. Consider how the home fits your lifestyle and whether it meets your needs.
How do I make an offer on a home?
To make an offer on a home, you will need to work with your real estate agent to determine a fair price based on market value and any needed repairs. The offer will then be submitted to the seller, who can accept, reject, or counter the offer.
What happens during the home inspection process?
During a home inspection, a professional inspector will examine the home for any issues or defects. The inspector will provide a report detailing their findings, which can then be used to negotiate repairs or a lower purchase price.
How long does it typically take to close on a home purchase?
The time it takes to close on a home purchase varies depending on factors such as the type of loan, the complexity of the transaction, and the availability of all parties involved. Typically, the process takes between 30 and 60 days.
Ready to find your dream home? Contact us today!
Business Hours
Monday - Friday:
9:00 AM - 5:00 PM
Saturday:
9:00 AM - 3:00 PM