We have had the privilege of working with dozens of Williamsburg home buyers in our career, and
there are some tips and suggestions that have been constant for everyone we have
worked with. Here are our top 5 suggestions/tips for buyers:
1) Talk with your mortgage professional
Before you run around seeing homes and get your heart set on a particular dream home, make sure you can afford it. Sitting down with a mortgage professional is absolutely the first step in buying a home. What the home will REALLY cost you is something you need to understand before you venture out into the market. This will also help define the search that a REALTOR® will setup for you. There is no point in viewing $500,000 homes when your ceiling is $400,000.
2) Take time to plan
This is something that we think is often overlooked in the home buying process. Buyers get excited after they understand what they can afford, and want to get right at it. We have seen hundreds of hours in our career as a Williamsburg REALTOR® that could have been better spent had the clients sat down and created a plan. Key components of this plan include neighborhoods, price, schools, home size, and nice-to-haves vs. show-stoppers. This won't take long, and we will be more than happy to assist you with this.
3) See as many homes as needed
We have had clients walk into the first home they see and buy it, and we have had clients see 40+ homes before making a decision. Everyone is on their own journey. Make sure you see a good cross-section of what is available in the Williamsburg Market prior to making a decision. You may not be seeing anything that overtakes what you currently have ranked as #1 on your list, but you could very well be confirming your decision. Take your time.
4) Keep notes
We provide all our clients with an iPad to take notes on during their tour. The iPad is loaded up with all the properties we are going to see, and the client is able to insert notes onto each individual listing. At the end of the tour, the client is able to email themselves a PDF of the tour booklet.
You will most likely see several properties before buying one, and many of these properties will start to blur together. It is very important that you
keep good records of what you are seeing to help make your decision.
5) Do your due diligence
If you work with a REALTOR®, chances are they will point you in the right direction when you have a need for a qualified professional. As Real Estate Agents and Realtors, we will have suggestions for good property inspectors, lawyers, and other professionals you might need along the way. If you are buying a property with a Home Owners Association or a buying condominium, make sure you have the documents reviewed by a qualified professional. This is critical. If you are buying any property, make sure you have a property inspection. This is also critical. It is the buyer's responsibility to perform their own due diligence when buying a property..... As your Real Estate Agents we will play a large role in helping you with this.