The Steps to Navigate Buying a Home

Navigate

The Steps to
Owning a
Home

Not sure how? Let us help!

1 2

Start Saving Get Mortgage
Now Pre-Approval

It is customary to have a 3% -20% down payment There are several steps required which we will discuss.
either from your savings or provided as a gift. If you However, mortgage pre-approval not only provides a
can save 20% you will save money on monthly home buying budget, but makes you a more attractive
payments and PMI. buyer.

3 4

Begin Your Offer & Negotiation
House Hunt
Your agent keeps up to date with the real estate
Determine what is most important to you pricing trends within the area market, and will use
(neighborhood, number of bedrooms or bathrooms, this valuable knowledge to represent your best
school district, etc) and tell your agent. interests while negotiating on your behalf.

5

Home Inspection

It is extremely important that a
professional is hired to perform the
home inspection on your behalf. This
is the basis for any repairs you
request or further negotiation
required based on the findings.

6

Homeowners
Insurance

You must secure Homeowners
Insurance in order to receive final
loan approval.

7

The Closing Table

This is the last step to your
home buying journey. You will
sign all of your paperwork and
receive the keys to your new
home!

How do I get market Current Trends in the
updates?
Richmond Market
Let us help!
Average Home Price is 
$265,000
3,914 Homes on the
Market
Average days on the
market is 13 
Average percentage of
purchase price to list price
is 97.1%

For more information about the current Richmond area real
estate market please call me. Information deemed accurate
but not guaranteed. If your home is currently listed, this is
not a solicitation for your business. SOURCE: CVRMLS

804-396-2912 | [email protected]