Attention Palatine first time buyers, mortgage interest rates are at an all time low. As I write this post today, December 23rd 2011 the 30 year fixed mortgage rate hovers under 4%. Believe me when I tell you that is a very low interest rate. No doubt it will go up and down a little but it is predicted to stay low for a while.

Now I am not one of those agents that say you must buy, you must, you should, buy now, you know all that hipe. What I am saying is if you are considering buying your first Palatine home in 2012, you are being blessed with the lowest home prices we have seen in a very long time and the lowest mortgage interest rates we have seen in a very long time. Add those two to the great choice in homes for sale in Palatine and you cannot go wrong. Here are a few to tempt you. Take a peak and then read on about where to begin.

Showing properties 1 - 10 of 107. See more city of Palatine real estate.
(all data current as of 5/18/2012)

  1. 2 beds, 2 full, 1 part baths
    Home size: 1,300 sq ft
    Year built: 1986
    Parking spots: 1
    Days on market: 1
    Walk Score®: 60
    Broker reciprocity icon
  2. 3 beds, 1 full, 1 part baths
    Home size: 1,553 sq ft
    Lot size: 10,890 sqft
    Year built: 1951
    Parking spots: 2
    Days on market: 22
    Walk Score®: 37
    Broker reciprocity icon
  3. 3 beds, 1 full bath
    Home size: 1,074 sq ft
    Lot size: 11,099 sqft
    Year built: 1956
    Parking spots: 2
    Days on market: 45
    Walk Score®: 51
    Broker reciprocity icon
  4. 2 beds, 2 full baths
    Year built: 1998
    Parking spots: 1
    Days on market: 94
    Walk Score®: 78
    Broker reciprocity icon
  5. 2 beds, 1 full, 1 part baths
    Home size: 1,452 sq ft
    Year built: 1986
    Parking spots: 1
    Days on market: 241
    Walk Score®: 71
    Broker reciprocity icon
  6. 3 beds, 2 full baths
    Lot size: 12,802 sqft
    Year built: 1964
    Parking spots: 2
    Days on market: 265
    Walk Score®: 69
    Broker reciprocity icon
  7. 3 beds, 2 full, 1 part baths
    Year built: 1996
    Parking spots: 2
    Days on market: 933
    Walk Score®: 63
    Broker reciprocity icon
  8. 2 beds, 2 full baths
    Home size: 1,250 sq ft
    Year built: 1989
    Parking spots: 1
    Days on market: 0
    Walk Score®: 58
    Broker reciprocity icon
  9. 1 bed, 1 full bath
    Lot size: 3,484 sqft
    Parking spots: 1
    Days on market: 30
    Walk Score®: 45
    Broker reciprocity icon
  10. 2 beds, 1 full, 1 part baths
    Home size: 1,155 sq ft
    Lot size: 1,179.00 ac
    Year built: 1988
    Parking spots: 1
    Days on market: 86
    Walk Score®: 22
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

A Palatine First Time Home Buyers Starting Point

So what’s a first time home buyers first thing to do? Well I know the temptation is to start looking at homes. Doing your online research is fine but looking at homes might set you up for disappointment. Here’s is what you should do. Find out how much you can afford and make sure you are comfortable with the monthly cost. Adjust down if it cramps your social style too much. Then go property shopping.

We can help. We know buying your first home can seem a daunting task. Yes there is excitement but it can take a while and can be very stressful. Our job is to guide you through the process, finding the right people to help you along the way, like a good trustworthy loan officer, a great home inspector, an attorney to handle the legal stuff, yet all the while we are your single point of contact. So no matter what you need to know or when, you can text, call or email us and we promise we’ll answer as soon as we can, usually the same day.

Sign up for properties by email today. Learn how to get a FREE home inspection.

Related posts:

  1. Palatine Town Homes – Is 2012 Going to Be a Better Year to Sell?
  2. South Barrington IL Homes For Sale – Now Is A Great Time To Buy Your New Home in South Barrington Illinois.
  3. Remembering That Barrington Home Buyers Might Just Be Like First Time Buyers
  4. How’s The Palatine Property Market – August 2011
  5. Palatine Real Estate Market Report – July 2011