The Process of Buying a Home

Finding and purchasing a home that will meet your needs is a significant and often stressful time. Our goal is to make this transition as smooth as possible. We are experts in the area, and once we learn what it is that you’re looking for, finding your dream home is simple.

Before you start looking for a home you should ask yourself a few questions:

  • Where do you want to live? Are there particular neighborhoods or communities that you like?
  • What kind of house would you like (need)? Are you looking for a particular style? How many bedrooms and bathrooms do you want?
  • Is a home office a necessity? Do you need a bonus room or flex-room?
  • Do you entertain often? Is a home suitable for entertaining something you’re looking for?
  • Do you want a yard, pool, gated or guard gated community?
  • Have you determined your price range or consulted a lender to determine the best price range?

Searching for your dream home can be a time-consuming experience. Working with our professional team will make the following process much more effecient:

1. Find a REALTOR®

Our buyers agents are the best of the business! Their years of full-time experience have given them a clear understanding of the mindset of home buyers and sellers and a thorough understanding of the regional marketplace. You can read their bios here and see all of their reviews here.

2. Pre-Qualification

We will help you find a Lender and find out how much you can afford to pay for a home. They will go over your credit, finances, and other factors that determine how much you can afford to pay for a home.

3. Pre-Approval

While knowing how much you can afford is the first step, sellers will be much more receptive to potential buyers who have been pre-approved. You'll also avoid being disappointed when going after homes that are out of your price range. With Pre-Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender. This way, assuming the home you're interested in is at or under the amount you are pre-qualified for, the seller knows immediately that you are a serious buyer for that property. Costs for pre-approval are generally nominal and lenders will usually permit you to pay them when you close your loan.

4. Make a List

Make 2 lists. The first should include items you must have (i.e., the number of bedrooms you need for the size of your family, a one-story house if accessibility is a factor, etc.). The second list is your wishes, things you would like to have (pool, den, etc.) but that are not absolutely necessary. Realistically for first-time buyers, you probably will not get everything on your wish list, but it will keep you on track for what you are looking for.

5. Start the Search

Your agent will set you up on a search with homes in your preferred area of interest. When looking at homes, keep in mind the following tips:

  • Visualize the house empty & with your decor: Are the rooms laid out to fit your needs? Is there enough light?
  • Make Notes: Bring some paper and a pen for taking notes as you search. Take Photos or videos to help refresh your memory on individual properties, especially if you are attending a series of showings.
  • Be Objective: Instead of thinking with your heart when you find a home, think with your head. Does this home really meet your needs? There are many houses on the market, so don't make a hurried decision that you may regret later.
  • Be Thorough: A few extra dollars well spent now may save you big expenses in the long run. 
  • Location: Look at a potential property as if you are the seller. Would a prospective buyer find it attractive based on school district, crime rate, proximity to positive (shopping, parks, freeway access) and negative (abandoned properties, garbage dump, source of noise) features of the area?

Buyer Advice from Team Hensley

Finding the Right Home
There are many factors that go in to finding the right home for you and your needs. Learn from Maryann Nettesheim what it takes to find YOUR right home!
Underestimating the Cost
It's a common mistake for home buyers to underestimate the cost of buying a home. Learn from Maryann Nettesheim the factors you need to consider when budgeting for your next home purchase.
Why You Should Always Use a REALTOR®
Learn from Maryann Nettesheim why it is always important to use a REALTOR® you trust when buying or selling a home.
Always Use a REALTOR®
Whether you are building a new home, relocating, or moving across town, it's important to ALWAYS use a REALTOR®!
Choosing a Team
Whether you are buying or selling a home, it's always better to hire a TEAM of REALTORS® and support staff to help you.
We Are Your Local Richmond Experts
Choose a real estate team that knows Richmond inside and out! Whether you are buying or selling a home, need a contractor, or want to know a good daycare, Team Hensley Real Estate is here to help.
Why Team Hensley Real Estate
Annemarie Hensley, owner of Team Hensley Real Estate, knows Chesterfield County inside and out. Learn more about how our team can help you with all of your real estate needs throughout Richmond, VA and beyond!

Ready to start the process?

All you need to do is fill out the form below and one of our agents will be reaching out to you shortly! 

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