In general, planning for the purchase of your first home begins well before the first appointment with a real estate agent. To prepare for the process, a favorable credit rating is a good place to begin. If you have credit card balances, keeping them under 25% of the total amount of the credit line is advisable. Once you know buying your first home is in the near future, refrain from making large purchases with your credit cards. If you are a Chicago first time home buyer you need mortgage … [Read more...]