So You Want to Buy a Home…Now What?

Buying a home can be stressful, but it doesn’t have to be. With me on your team I can walk you through every step with the knowledge and experience of selling hundred of homes. I know the strategies to help you walk into your new home with as little stress as possible.

In this video, I’ve outlined the steps that it takes to go from ‘just looking’, to moving into your new home. If you have any questions or would like to meet for further information, please don’t hesitate to reach out to me at: 434-609-0800.

Why Work With Us?

  • Our job is not just to help you find a house, it's to protect your interests

  • We will provide you with protection and advice

  • We can help you understand the details in your contract and point out the things you might be able to negotiate

  • We have local contacts and can help you find the best lenders, contractors, home inspectors, etc. in the area

  • We have up to date information of new and upcoming listings from the MLS and networking with other agents

  • We help put you in the best position for when you want to sell your house

Expected Costs

Estimate Your Monthly Mortgage

 

Estimate Cash Needed Once Under Contract

I want to Buy A Home…

Now What?

1. Call Me: 434-609-0800

2. Get pre-qualified with a Lender

3. Begin your search

4. Choose a home

5. Make an offer & negotiate

6. Apply for a loan

7. Complete a home inspection

8. Negotiate repairs

9. Select a settlement agency

10. Pick homeowners insurance

11. Transfer the utilities

12. Do the walkthrough

13. Get a cashiers check

14. Close on your new home!

Which Loan is Right for You?

I can put you in touch with a lender that can walk you through your specific needs.

  • Pay PMI until mortgage is complete

  • Can have lower credit score

  • Lower interest rate for first time home buyer

  • Purchase anywhere

  • Only 3.5% down

Same as FHA, but used as renovation loan

Bank can lend more money than purchase price

Down payment of 3.5% off total amount you’re borrowing

Must have PMI unless you put 20% down

Most common for those buying their 2nd or 3rd home

Need PMI until you have 20% equity in your house

Has to be in the county

No down payment

No PMI payment after 20% is paid down

FAQs

  • Yes, as long as everything goes okay with all contingencies.

    Most offers have several contingencies to protect buyer and sellers.

    If everything goes as planned they are binding if there are hiccups, you have options.

  • No time limit, necessarily.

    If you’re going to leave in less than 2 years, so you need to be concerned about resale value.

    If you’re going to live there 3 or more years, you’ll build some equity. Buying a house that fits you is more important than buying a house you can sell quickly.

  • You must disclose if you will live there or not in your offer.

    If you’re not living there, it’s a vacation home or an investment property and loan interest rates are higher and your downpayment will need to be higher.

Considering Moving to the Lynchburg Area

Find Out What Area Best Fits Your Needs and Desires!