First-Time Home Buyers
Are you a first-time home buyer in Hampton Roads, Virginia? Have Questions? Not sure where to start? Not sure who to talk to?
In-depth knowledge and expert assistance are crucial for navigating the complicated process of buying your first home. Let Chandler Realty Inc. make the home buying experience perfect for you.
Ready to get started with your home search? Start browsing listings or contact a Hampton Roads real estate expert at Chandler Realty today or call (888) 622-7356 today.
Questions for Prospective Homeowners
Are you ready to buy?
For many the prospect of owning a home represents freedom and independence, yet home ownership also comes with a commitment to mortgage payments, additional taxes, and property maintenance. Knowing if you're ready to buy a home means balancing these responsibilities against your financial situation and your expectations.
How much can you afford?
Find out how much you can afford before you start looking - this will help you avoid disappointment later. Buying at the limit of your finances now could lead to financial stress for many years to come, so it's generally better to start low and work your way up the market. Luckily, the Hampton Roads area has beautiful homes at almost every price point.
What is your debt-to-income ratio?
Determining what you can afford means calculating how much of your income you can spend on servicing debt. Usually, you shouldn't spend more than 32% on housing debt. What that money can buy depends on the area and property type. For the same price as a decent-sized house elsewhere, you might only be able to buy you a small condo in downtown Norfolk.
What do you want?
Some communities offer many amenities, but also have strict rules for what you can and can't do with your home. Others allow for more freedom, but you'll be responsible for more maintenance and yard-work. Deciding what best suits your lifestyle will help determine which communities and property types are right for you.
We Can Help
The Chandler Realty real estate team is here to help you find a home in Hampton Roads that effectively balances what you want with what you can afford. Our mission is to get you a home that will leave you happy, and set you up for success in the Hampton Roads real estate market.
To help make that happen, here are some things to keep in mind:
Focus on your goals. Make a list of exactly what you need and want in a home, then work with the experienced agents at Chandler Realty to find it. We can discuss potential homes, and find new ones that match your criteria.
Find a good real estate lawyer. Chandler Realty can recommend several lawyers in the Hampton Roads area to help you with the legalities of property ownership. Engaging the services of a good lawyer is a great way to protect yourself through the home buying process.
Make the offer. Buying a home isn't as simple as writing a check and getting what you want. There are offers, counter-offers, and lots of paperwork; and potential deals can always fall through. We will help you through this process, letting you know exactly what to expect at every step.
Get an inspection done. A home inspector will check a house for any potentially nasty surprises, and give you some useful information for future maintenance and operation. A good home inspection can save you a lot of money and trouble. Chandler Realty is happy to provide information on a number of experienced home inspectors in the Hampton Roads area.
Do a final walkthrough before closing the deal. Again, we'd be happy to assist you with this important step, making sure that everything is ready before you sign for your new home.
The experienced and dedicated team at Chandler Realty is ready to help you. From our first interview to the day you're handed the keys to your new home, we'll be there to ensure that the entire process runs smoothly.
Contact Chandler Realty for more information about first-time home purchasing.