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For Homeowners

Don't Go It Alone: Choose a REALTOR® as Your Real Estate Partner -

Buying and selling a home is an important transaction. It is essential that you work with a licensed REALTORS® in the state of Illinois to represent your best interests. Your Illinois REALTOR® understands the real estate market in your community. REALTORS® have the expertise to set the right price and it’s their job to take care of the many details associated with buying or selling a home, keep this complicated process on track, and help avoid delays and costly mistakes.

Download this brochure which highlights the experience and expertise that comes with using a REALTOR® (pdf)

9 Facts You Should Know About Illinois Real Estate

1. Affordability is at a generational high

The combination of lower home prices and historically low mortgage rates has made housing exceptionally affordable relative to household income.

2. Grab a low interest rate while they’re still here.

Mortgage rates remain at historic lows but this scenario can’t last forever. A quarter percent change in the interest rate can mean tens of thousands of dollars in costs over a 30-year mortgage. For example, an increase from 5 to 6 percent on a 30-year $200,000 loan can change the monthly payment of principal and interest by $125, an increase of 11.6 percent.

Read the other seven facts online at

Your Illinois Home / / Illinois Association of REALTORS

Looking for financing options to purchase a home?

There are multiple mortgage products on the market to assist buyers in obtaining the right financing.

Check Out these resources online:

Illinois Housing Development Authority programs at:

Veterans Administration Home Loan Program

FHA Loan programs

Since 1934, mortgages insured through the Federal Housing Administration (FHA) have helped millions of people buy a home

USDA Rural Development Single Family Housing

Laws and regulations

There are numerous laws and regulations affecting buying and selling property in <st1:state w:st="on">Illinois. It's important to have an Illinois REALTOR® assist you in a real estate transaction. Here is a link to some important laws affecting the sale of real estate in <st1:state w:st="on">Illinois. 

Illinois Real Estate Legal Issues

 Other important resource links: