How To Buy a House

How To Buy a HouseYou might think buying a house is as simple as finding a home you want and putting in an offer. But it's really so much more than that. Homebuying starts far before the actual offer. It even starts before looking at homes. But, you've probably already started to look at homes and that's natural. It's exciting and sometimes that's where the entire prospect of moving into a new home starts. You might not even be thinking about moving until you find an amazing house and then the real work begins.

What is the first thing you should do before looking at homes (or even if you've already started)

One of the very first things you should do is think about financing. Are you buying a house with all cash? Financing it? Not sure? Need to sell a house before buying another? All of these questions need to be answered before settling on a home. It's important to know how you're going to pay for the house before you actually make an offer. Sellers want to know you are serious about buying and that means knowing your financial status and doing your financial homework ahead of time.

Get preapproved

Getting preapproved is the first step when financing a new house. This is not simply using a mortgage calculator to find out how much your monthly mortgage payment will be or the price range in which you should start looking. Getting preapproved is different than a simple prequalification. You might have great credit and can afford a certain amount each month, but without sitting down with the lender and getting numbers in writing, you may not qualify when the time comes.

Getting preapproved means finding a lender either a credit union, mortgage advisor, or your bank, and presenting all of your financial documents including proof of income, debts, liabilities, assets, and downpayments. From there, a lender will be able to determine how much of your income can be utilized for mortgage payment. This will be calculated to find out exactly how much home you can afford. This will give you the price range in which to start looking. Once you are preapproved, your lender can offer a letter of preapproval which can be submitted with the offer stating that you've already done the financial homework necessary and can actually afford the home you're making an offer on.

Use your own agent.

We cannot stress this enough. While you can buy a house from just about anyone including the seller, no one is representing you except for a buyer's agent. An agent that is solely on your side, working on your behalf, making sure your needs and terms are met, is crucial to the home buying process and really getting what you want. If you conduct a transaction with just the seller or even to the listing agent, you are not the priority… The seller is. A buyer's agent makes the buyer the priority. They work only for the buyer and make sure the buyer's needs and rights are protected and the best part about it, a buyer's agent costs a buyer nothing. It's completely free to use your own agent. The agent will receive part of a commission from whichever home you buy so it really benefits you to have your own agent and representation throughout the process.

Start looking at homes.

Yes, it really isn't till about now that you should look at homes. But we know, you've probably looked at them for a while now and have narrowed down a few that you like. Depending on the market, you may need to jump on a listing quickly, or you might have some time to think about it but your buyer's agent will be able to tell you the current market climate and how you should make an offer and win.

Make sure you know what you want.

One of the most frustrating things in agent hears from a buyer is "I'm not sure what I want but I'll know it when I see it". This could literally mean any house. Let's start with the basics:How To Buy a House

  • How Big?
  • How Many Bedrooms and Bathrooms?
  • Fenced?
  • Two Story or One?
  • Yard?
  • Acreage?
  • Condo?
  • Low Maintenance?
  • Schools?
  • Amenities?
  • Gated?

You can see that this list could be exhaustive but if we start here, we have a better idea of what it is that you're looking for and can start sending you properties that might meet your search criteria. From there, take a look at a few of them, drive by, see if you like the neighborhood or commutes, and then when you're ready, schedule a showing to see more.

Buying a house is really exciting and there are a lot of steps to buying a house but with a buyers agent, you can sail through these steps with ease and confidence. Buyer's remorse is a real thing and we don't want you regretting your decision so using an agent that is familiar with the market, understands the process, and can hold your hand and guide you throughout the entire transaction means that you won't have to worry about buyer's remorse. Welcome home!


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Browse the Area's Newest Listings - Less than 3 days on the market January 31, 2023
76
Listed
1
Avg. DOM
$187.40
Avg. $ / Sq.Ft.
$271,450
Med. List Price
76 Properties
Page 1 of 5
$719,499
Neighborhood: Riverview
4
Beds
3F11/2
Baths
4,100
Sq.Ft.
1961
Year Built
1
Day on Site
10472983
MLS
At 4100 sq ft, 4 beds, 3.5 baths, 3 fireplaces, and a fully finished basement (YES, BASEMENT!), this stately home in Riverview has been brought back to its full potential and is ready for new owners....
$410,000
Neighborhood: Albemarle Farm North
4
Beds
2F11/2
Baths
2,281
Sq.Ft.
1983
Year Built
2
Days on Site
10472836
MLS
4 BR, 2.5 BA Custom-Built, One-Owner home with 1-CAR ATTACHED GARAGE and a 3-CAR DETACHED GARAGE (approx. 910 SF) in well-established neighborhood. Detached garage has a heater and window AC, space...
Open 2/4
1989 Algonquin Trl Williamsburg,  VA 23185
$240,000
Neighborhood: All Others Area 115
3
Beds
2F11/2
Baths
1,550
Sq.Ft.
2007
Year Built
2
Days on Site
10472642
MLS
Come see this beautiful end unit townhome in a great location. Conveniently located near to Fort Eustis, Yorktown, William & Mary, and Busch Gardens. This home has 3 bedrooms and 2.5 baths with newer...
$1,200,000
Neighborhood: Croatan
5
Beds
3F11/2
Baths
3,061
Sq.Ft.
1996
Year Built
2
Days on Site
10472752
MLS
Beautiful, traditional beach home located in the highly sought-after Croatan Beach. Built to the highest of standards offering top of the line custom features and designer upgrades. Spacious...
$340,000
Neighborhood: Forest Glen Trace
3
Beds
1F11/2
Baths
1,280
Sq.Ft.
2021
Year Built
2
Days on Site
10472822
MLS
Welcome home to 248 Mildred Drive, just built in June of 2021. Walk in to an open contemporary floorplan that offers 3 bedrooms with 1.5 bathrooms, and a large walk-in closet in the primary bedroom....
$654,999
Neighborhood: All Others Area 62
5
Beds
2F11/2
Baths
3,300
Sq.Ft.
2023
Year Built
2
Days on Site
10472851
MLS
Under Construction, Move in by Summer! Home features a First Floor Mainsuite with huge Closet and Spa like Bath. This home has tons of upgrades all the bells and whistles! Gourmet kitchen upgrade...
Open 2/4
106 Bickfield Dr Hampton,  VA 23669
$318,000
Neighborhood: Riverdale
3
Beds
2
Baths
2,095
Sq.Ft.
1963
Year Built
2
Days on Site
10472845
MLS
Come see this beautiful home in Riverdale! This 3 bed, 2 bath home is spacious and ready for a new family. There's a large den downstairs with a wood fire place and you could make the upstairs area...
$445,000
Neighborhood: Reids Ferry
4
Beds
3
Baths
2,827
Sq.Ft.
2008
Year Built
2
Days on Site
10472844
MLS
Very well maintained home on one acre, perfect for country living, but still close to the conveniences of the city. New Carpet in 2022. Cathedral ceiling with loft. 4 bedrooms and a family room...
$324,900
Neighborhood: River Pointe
3
Beds
2F11/2
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1,943
Sq.Ft.
2005
Year Built
2
Days on Site
10472855
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Here it is!! Beautiful well maintained condo in gated community with security. Large first floor primary BDR suite, bathroom w/double sink, eat-in kitchen, formal dining room, sunroom. Upstairs has...
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4
Beds
3F11/2
Baths
2,249
Sq.Ft.
2022
Year Built
2
Days on Site
10472859
MLS
MOVE INTO THIS HOME IN MAY 2023!!! Call today to schedule a tour! The Van Dorn: enter into a huge rec room, great for entertaining. Choose the optional bedroom, complete w full bath. A 2-car rear...
$580,000
Neighborhood: Tyre Neck Point
4
Beds
3F11/2
Baths
3,781
Sq.Ft.
1978
Year Built
2
Days on Site
10472860
MLS
Beautiful 1.5 story home in sought after Tyre Neck Point sits on 0.913 AC. The amazing
kitchen is open to the family room and extensive den area which flows to the bright sunroom
with a view;...
$214,900
Neighborhood: Georgetown Colony
3
Beds
1F11/2
Baths
1,400
Sq.Ft.
1985
Year Built
2
Days on Site
10472865
MLS
Catch sight of this Lovely home in the dazzling George Town Colony Subdivision! This home features a total of 3 bedrooms, 1.5 baths and 1400 sqft. If you desire a large back yard then this home is...
$265,000
Neighborhood: Hanover Heights
4
Beds
2
Baths
1,500
Sq.Ft.
1963
Year Built
2
Days on Site
10472848
MLS
WELCOME TO 10 PRINCE WILLIAM RD LOCATED IN HANOVER HEIGHTS. THIS LOVELY REMODELED 4 BEDROOM 2 BATH RANCH HOME IS WAITING FOR YOU TO CALL HOME! BEAUTIFUL LAMINATE FLOORING THROUGH-OUT, ALL STAINLESS...
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4
Beds
2
Baths
1,620
Sq.Ft.
1943
Year Built
2
Days on Site
10472868
MLS
Beautifully remodeled home it is a must come see. Great house, great area, come bring us an offer.
$329,900
Neighborhood: Tidemill Farms
4
Beds
2F11/2
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1,836
Sq.Ft.
1964
Year Built
2
Days on Site
10472870
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WELCOME HOME! A BEAUTIFUL FULLY RENOVATED 4 BEDROOM, 2.5 BATH WITH AN OPEN FLOOR PLAN. ALL NEW FRIGIDARE KITCHEN APPLIANCES, NEW CABINETS AND NEW COUNTERTOPS TO BE INSTALLED. NEAR LAFB AND NASA. EASY...
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3
Beds
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1,300
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1951
Year Built
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Days on Site
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