Moving to a new city is exciting, but it also has challenges. If your new city is more than a couple of hours from your current home, then house hunting might be one of those challenges. How do you go about finding a home from a distance? We've helped plenty of out-of-town buyers find lovely Richmond homes for sale. Along the way, we've compiled a few tips.
Follow the tips above to successfully find a home in a different city. If you're looking for a home in the Richmond area, please contact us soon. Our real estate agents have experience working with out-of-town buyers and can simplify the process for you.
Saving for a down payment may seem difficult, especially if you're new to the idea of buying a home. It's not impossible, though, and a carefully planned strategy can make all the difference in helping you save. Here are a few suggestions from our real estate agents to help you save up a down payment.
As you save for your down payment, don't forget that there are programs to help reduce the down payment burden for first-time homebuyers. For more information about down payments or questions about buying your first home, contact us today.
The hustle and bustle of daily life can be a drain on your energy and health. To promote a healthy lifestyle, experts recommend making your home a place of comfort and relaxation where you can unwind from a stressful day. Our real estate agents know homebuyers are drawn to welcoming spaces that reflect all the comforts of home.
Once you purchase a home, you can add special touches that reflect your design style and personality and welcome you home. Start incorporating your personal style into your new space by following these tips.
Creating a comfortable, welcoming home that reflects who you are and the things you love is what home is all about. If we can help you find that perfect home among the Richmond homes for sale, contact us today.
Credit scores have long been a mystery to homebuyers, in both how they are determined and how they matter in the long run. Most people think that if you pay your bills on time, you'll have a good score, but our real estate agents can tell you that there is far more to it than that. But while the exact formula used to determine your score is not public knowledge, you still have a great deal of control over it. Here's how you can optimize your credit score and qualify for a mortgage with a good rate.
Our first video is all about HOW & WHY to do the real estate home search. Some ways are better than others (looking at you, Zillow) – learn how to search with the home experts!
Buying a new home can be exciting, complicated, and overwhelming all at the same time. After all, it's also commonly considered one of the largest financial decisions many people will make in a lifetime. With so much on the line, it can be easy to make mistakes, especially if you're buying your first home. Being prepared is the best way to avoid costly pitfalls. If you're considering these Richmond homes for sale, below are six things to know before you buy.
Buying a home is a big decision that can feel overwhelming. But when you've found the home that's right for you, you'll want to recognize this fact and prepare to make an offer.
Our real estate agents share the following 9 signs that you've found the right home for you and your family.
Home design trends are fun to stay updated on, which is why there are so many TV shows dedicated to highlighting them! But seeing a trend take shape on a home renovation show is different from considering it as a prospective homeowner. Open floor plans have cycled in and out of fashion for quite a long time, and according to The Spruce, the most recent trend started in the 1990s. If you're considering homes built after 1950, you'll probably see a few open floor plans among the Richmond homes for sale. Determining whether they are right for you involves paying attention to several key factors.
Mix and Mismatch
Open floor plans work best when the decor scheme is consistent, or at least harmonious, between spaces. A farmhouse kitchen and a shabby chic dining room will work well together, but if your coffee table is glass and chrome and your kitchen table weathered wood, the lack of a wall between the two will make that contrast jarring. This includes major appliances, so if you have a chrome refrigerator that you love, it may wind up influencing the look of the entire first floor. A closed floor plan creates a mental "reset" as you move through doors to new rooms, so if you have very different styles for different rooms, a closed floor plan might be for you. If you have an eclectic style, or if your preferred style is consistent throughout your home, an open floor plan is a great way to show that off.
The Family That Stays Together
If you have children, floor plans affect family life in distinct ways. The flow of sound in the household isn't broken up by doors, which may not be the best situation when you're trying to get a toddler to nap so you can make a phone call. Some open floor plans have closed kitchens, which can be crucial to the safety of very young children. Older kids and teens may want privacy. But opening up a floor plan can also encourage the family to interact more. You may get to hear more about your teen's day at school besides the fact that it was "fine." But if you need to tiptoe backward out of the nursery so you can finally watch a movie, a closed floor plan is best.
Over the Overflow
Without walls and doors to break up a space, everything moves freely. This can include heated or cooled air into spaces that aren't being used, dust into far corners, and various household items into spaces where they don't belong. For large homes with young children, keeping heating and cooling costs down while maintaining an organized home could be challenging. But if your dream home is small and you keep clutter to a minimum, an open floor plan can be an excellent choice.
Our REALTORS® will be happy to discuss the best floor plan options for the way you live.
There is no universally ideal home design, which is why there are so many. Whether a home design is on trend is much less important than your comfort. We're here to help you find the home you love, so contact us today.
Our REALTORS® know getting a mortgage on the best terms is something all buyers think about. That's especially true of first-time buyers! When you're exploring the best Richmond homes for sale, sound financing means peace of mind.
Luckily, the mortgage process is a lot easier than it seems at first!
The more you know, the simpler it is to get a mortgage loan you can be happy with. We'd like to address one of the most common questions about home financing our team gets: The difference between pre-qualifying for a loan versus receiving pre-approval.
When it comes to getting a great home loan, starting sooner makes life easier.
Prequalification and preapproval are steps you take to smooth the path to your final loan package. You can think of one of them as the trial run, while the other is the "real deal."
Pre-qualifying can happen in a matter of minutes the first time you talk to your lender. You discuss your finances and get a ballpark estimate for what loan amount you can expect. It's not necessary to document your income, and you're not committing.
Pre-qualification is often the first or second step someone takes before starting a house hunt since it indicates what homes and neighborhoods to focus on. It's a good idea to check with several different lenders and take an average of their estimates.
Pre-approval, on the other hand, represents a conditional commitment by your lender. During the pre-approval process, you submit detailed documentation of your income. The lender takes extra steps to verify your financial health, including a detailed credit check.
Once you "pass" pre-approval, your loan package is effectively ready. You can bid on a home at or below your conditional loan approval amount. However, you need to act quickly. Specific loan amounts and rates are usually only locked in for 30-90 days.
A loan commitment is a final step. It's issued only when the lender approves both the funding amount and the property. This takes longer because lenders want to make sure the home is insurable, usually by awaiting the results of a home inspection.
Technically, you can skip pre-qualification if you wish. It is not a requirement, but it will give you some beneficial advantages as you move through the buying process.
First and foremost, you'll never have to guess how much funding you may qualify for. That saves you time and effort you might otherwise waste on properties that won't fit your budget.
Plus, you have the chance to see whether a given lender seems right for you. How a lender responds to your questions and discusses your needs can provide you with plenty of insight.
Pre-approval is valuable, too. Although it's not the same as a loan commitment, it gives you a negotiating edge when working with sellers. They'll know you are ready to move forward right away. Only cash bidders can offer sellers a faster process.
Whether you're pre-approved, pre-qualified, or just getting started, Napier ERA is here for you.
Our experienced team members are experts in the Richmond area. We'll work with you to find properties fitting your needs and your budget. Contact us to find out more.
For first-time buyers, furnishing a new home is equal parts fun and intimidating. Give a gift this holiday season that will help warm up a new home.
Get holiday gift inspiration from this baker's dozen list of holiday gifts for first-time homebuyers compiled by our REALTORS®.