PAM DENT

Jump into Greener Pastures


434-960-0161
[email protected]
  • HOME
  • About Us
    • About Pam
    • Testimonials
    • Company Info
  • Sellers
    • Seller Basics
    • Ask Before You List
    • Optimize Your Sales Price
    • If Home Appraisal is Low
    • Inspections
      • Pre-Listing Inspection
    • If House Isn’t Selling
    • Tips To Sell a Horse Farm
  • Buyers
    • Buyer Basics
    • Make Buying Less Stressful
    • Customer or Client
    • Home Buying Steps
    • FHA and VA Mortgage Assumptions
    • If Home Appraisal is Low
    • Inspections
    • Predatory Loans
    • Horse Farm Checklist
    • Study Period
  • Area Info
    • Real Estate Property Taxes
    • Schools
    • Boutique Hotels
    • Charlottesville Medical Facilities
    • Restaurants
    • Wineries and Cideries
  • Featured Listings
    • My Featured Listings
    • BayRidge Farm
    • Historic Eldon
    • Historic Lovell c.1840
    • The Meeting Place
    • Woodbound Farm
  • MLS For Sale
    • Search The MLS
    • Farms and Estates
    • Golf Communities
    • Horse Farms
      • Soil For Horse Farms
    • Historic Properties
    • By County
    • By Price
    • By Acreage
  • Market Info
    • Market Reports
  • Blog

😁How to Make Buying a Home a Less Stressful Experience

From saving a down payment to applying for a mortgage to competing with other home buyers, buying a home can turn you into a ball of stress without you even knowing. Since buying a home involves a series of small steps that eventually lead to homeownership, it can be very stressful and challenging.

The good news, however, is that you can make the process go much more smoothly if you understand each step and prepare for the process before you jump into the boat. Before we talk about beating the stress of buying a new Charlottesville VA home, let’s talk about the hardest parts of buying a home so you can prepare yourself for them.

Golf Course Homes for Sale in Charlottesville

  1. Saving for the down payment

Most homebuyers cite this as the single biggest obstacle to owning a home in the U.S. The savings rate in the country is so dismal that majority of Americans find it hard to save enough to make a down payment on their dream home.

While saving money is not easy especially if we are talking about thousands of dollars, it is possible. To prepare for this part, set up a budget that includes a regular line item for your expected down payment, and give yourself as many months or years as you believe it will take. By the time you’ve saved enough, you are finally ready to purchase your dream home.

  1. Finding a buyer for your current home

While this only applies to homebuyers who are living in their current homes, this is also one of the hardest parts of buying a new home. This is primarily because it requires you to be involved in two real estate transactions at the same time. Imagine how hard it already is to purchase a home, and then adding a second—and sometimes an even tougher—transaction into the mix.

Another reason why this is can be very challenging is that most of the time, even a strong market is not enough to sell a home. Many prospective buyers do not always qualify for financing and as a home seller, you will encounter one or more false starts on offers before you get your home sold.

There is also the challenge of having one of these two transactions dependent on another. More often than not, the sale of a previous home is required for the mortgage of a new home. If there is any detail on the sale of your current home that looks a bit odd or uncertain, then that will most likely cause your home buying transaction to fail.

If you want to overcome this obstacle, come up with an effective strategy that will help you sell your current home first before you buy a new one. While that may not be easy, that will increase the chances of your home buying process turning out successful.

  1. Improving your credit

Even though the conditions in the housing market continue to improve, mortgage lenders are still cautious about borrower credit. If you are planning to buy a home and want to make sure that you are able to participate in the widest number of mortgage programs, then the first thing you need to do is to get your credit score up to at least the 700 level.

If you have recently had an impaired credit, improving your credit may be a challenge. This also rings true if you are carrying too much debt.

To prepare for this part of the home buying process, take time to give your credit a boost. Bring it where it needs to be so you can easily apply for a mortgage when it’s time to buy a home. You may want to get a free copy of your credit report as soon as now so you can take a look at the negative information it may reveal. As soon as you see it, take the necessary action.

  1. Choosing the right home in the right neighborhood

This is also one of the biggest challenges when buying a home. Often, prospective homebuyers find the home of their dreams in a neighborhood that goes beyond their price range. Most of the time, what they do is compromise.

Charlottesville Horse Farms

If you do not want to compromise, then find a home that suits your needs and taste and is located in the right neighborhood at the same time. For instance, having school-aged children may push you to sacrifice finding a dream home in favor of moving into an area where there are good schools. On the other hand, having no children at all may push you to prioritize the house more than the neighborhood.

  1. Preventing yourself from overbuying

In every real estate transaction, emotion always has a way of taking over you when you begin your search for your dream home. As a homebuyer, you have the tendency to fall in love with the property and end up paying too much for it in the process.

You may also tend to buy a house just because you like the way the furniture is arranged in it, even when it is not really the type of home that you need. Once you develop an emotional attachment to a home, it’s a short walk to paying more for that home than it’s actually worth. To keep that from happening, make sure that your emotions are always at bay when purchasing the right home for you and your family.

Before you begin your shopping decide on the amount of house you can afford and stick to that. Make sure that you also make decisions based on available facts, not because of your emotions.

Purchasing a home is just plain stressful.

Buying a home is a complicated process that involves strong emotion. In fact, experts agree that moving to a new home is among the top three most stressful events in life- next to death and divorce.

Whether it’s your first time or not, some aspects of buying a home are simply beyond your control.

However, there are some things that can help make your experience less stressful. In this article, I’ve included three of the best ways in which you can beat the stress of buying a new Charlottesville VA home and enjoy the experience.

Home for Sale in Charlottesville VA

1. Get your finances in order

Before you even think about hitting open houses, the first thing you need to do is to get your finances in order. A few months before you start your home search, order your free credit report from the three big credit bureaus at annualcreditreport.com.

Examine your credit report carefully because lenders will use them to determine whether they’ll lend to you and at what rate. If you see any mistakes, have it corrected as soon as possible. You’ll need a score of a least 620 to get a mortgage while the best rates require a score of 740 or higher.

With a financial investment this big, the earlier you start getting your financial ducks in a row, the better.

2. Understand the home buying process

In the home buying process, knowledge is power. Don’t be afraid to ask questions until you understand. It’s essential that you keep yourself informed on the different steps involved in purchasing a home in Charlottesville VA. Doing so will help you manage your expectations.

There’s’ always a measure of anxiety when buying a new home. That’s perfectly normal, but you must not forget that it is also supposed to an exciting time. To make it a less stressful experience you have to prepare. Take time to educate yourself and do some legwork.  

Having an experienced and reliable real estate agent can also be an invaluable resource for you at a time like this. Your agent will keep you in the loop and let you know what’s happening at all time.

3. Partner with Pam Dent

Any real estate agent can help you browse home listings and set up showings for you. However, you will benefit more from working with an experienced real estate professional who has built connections and know-how over the years.

That would be me. I’ve been through the house buying process with many clients many times and I will help you through this one. As your agent, I will point out the pros and cons of homes, making sure you have noticed any red flags and generally making the home buying a positive, successful experience for you. I am familiar with the tools of the trade—from online listing sites to all the paperwork it takes to simply make an offer on a home.

Call me, Pam Dent, at 434-960-0161. My ultimate goal is to make your home buying experience as easy and stress-free as possible. With me on your side, you can take a step back and enjoy the process responsibly.

Filed Under: Blog, Charlottesville, Charlottesville Homes for Sale, Charlottesville VA Homes, Homes in Charlottesville VA, Real Estate Properties for Sale in Charlottesville VA Tagged With: Charlottesville, Charlottesville home, Charlottesville Homes for Sale, Charlottesville real estate, Pam Dent, Real Estate Properties for Sale in Charlottesville VA

👍How to Make Your Home Offer Irresistible to Sellers

Your bid needs to stand out when you’re competing with a lot of other buyers.

In markets with houses in short supply, sellers have the advantage over buyers. This often results in bidding wars among buyers vying for the best properties.

Charlottesville VA home

You may need more than just money in order to buy the Charlottesville VA home that you want. You must give sellers enough reasons to pick your offer over offers from other bidders. Your purchase offer should persuade sellers that you are a serious buyer who will give them most of what they want.

Here are some ways to make your home offer stand out:

 

1. Cash Is King

If you can buy a Charlottesville VA home with a full-cash offer, you will have an advantage over other offers with mortgage requirements.

Sellers love all-cash offers since they’re less likely to fall through before the sale closes. This is because there aren’t any issues involving mortgages, the escrow closes faster, and there is no appraisal requirement.

2. Get pre-approved

If you can’t pay cash, you’ll need to get a mortgage.

Check your credit reports three or four months before you start looking for homes for sale in Charlottesville VA. That will give you enough time to correct any errors and take steps to improve your credit score. You can get your reports once a year free from the three major credit bureaus at www.annualcreditreport.com.

Don’t bother submitting an offer on a house without a loan pre-approval in hand. A pre-approval letter from your mortgage broker or bank confirms that you can borrow enough money necessary to finance the home. It shows a seller that you’re not only qualified but also prepared and serious about purchasing their home.

3. Get the sellers to like you

To improve your chances of winning the bid, let the seller know why you want to live in the property they once called their home.

The old-fashioned letter is still one of the most useful tools for buyers these days. This will help you connect with the sellers, especially if you haven’t met them.

If the sellers love the home, they are more inclined to give it to someone they have more in common with. It’s the human factor. If you are not sure what to write to the seller, just let them know how important the house is to you, how special it is, and how you plan to take good care of it.

4. Give the gift of time

Be willing to work with the seller’s timetable to go to closing. Generally, closing takes place within 30, 45, 60, or 90 days.

You can customize the length of the closing in order to meet the seller’s need. This strategy has been proven effective many times. If the sellers want to remain in the home for a while after closing, offer them a “lease back” or “rent back”. This is legal arrangement and you will become their temporary landlord. If you are bidding on a short sale, let the sellers know that you are patient and can wait for the bank’s decision.

 

Making an offer on a home may seem daunting, but it doesn’t have to be. As your agent, I can help you craft a strong offer. I will not only guide you, but also go the extra mile for you!

Call me, Pam Dent, at 434-960-0161. I can help you find the best home that suits your needs. Let’s get started!

Filed Under: Blog, Charlottesville, Charlottesville Homes for Sale, Charlottesville VA Homes, Real Estate Properties for Sale in Charlottesville VA Tagged With: Charlottesville, Charlottesville home, Charlottesville homes, Charlottesville Homes for Sale, Charlottesville real estate, Charlottesville VA Homes, Charlottesville VA Homes for Sale, Pam Dent

Under Contract! 4029 Carters Mountain Rd Charlottesville VA 22902 | Home for Sale

Are you looking for a country home?

If you are looking for a country property where you can live in peace and tranquility, and enjoy a more relaxed lifestyle, this home in Charlottesville could be what you are looking for.

Standing on 7.5 acres of lot and sheltered by towering  trees, this home is the perfect escape from a hectic city life.

With its 4 well-appointed bedrooms, 3.5 spotless bathrooms, 2-car oversized garage, inviting living room, large formal dining room, efficient eat-in kitchen, cozy family room, and generously-sized screened porch, you have more than enough space and privacy.

This Charlottesville property has many possibilities. Here, you can start the self-sufficient lifestyle you’ve been thinking of, or build a custom home, turn the whole property  into a holiday get-away spot for those who are seeking a country retreat.

Grab this chance now! This property is up for sale for ONLY $429,000!

Call me, Pam Dent, at (434) 960-0161 for a private showing today.

Overview
Maps
Photos
Features 
$429,000
Single Family Home
Main Features
4 Bedrooms
3 Full Bathrooms
1 Half Bathroom
Interior: 2,955 sqft
Lot: 7.58 acre(s)
Year Built: 1976
MLS #: 570363
Location
4029 Carters Mountain Rd
Charlottesville, VA 22902
USA

Pam Dent - REALTOR® Pam Dent – REALTOR®

Gayle Harvey Real Estate, Inc.
(434) 960-0161
[email protected]
http://www.JumpintoGreenerPastures.com

      

Listed by: Pam Dent

Our recent listings

Under Contract! 4029 Carters Mountain Rd Charlottesville VA 22902 | Home for Sale | $429,000 | Charlottesville, VA
10118 Jacksontown Rd Somerset VA 22972 | Elegant Virginia Country Home for Sale | $750,000 | Somerset, VA
Price Reduced! 5639 Markwood Rd Earlysville VA 22936 | Home for Sale | $550,000 | Earlysville, VA
Price Reduced! 581 Blacks Ln Scottsville VA 24590 | High-End Country Home for Sale | $825,000 | Scottsville, VA
Central Virginia Equestrian Estate for Sale in Madison County |409 Cook Mountain Dr Brightwood VA 22715 | $1,325,000 | Brightwood, VA

 

Subscribe to our listing feed

Nearby properties for sale

Powered By RealBird.com

In case you can not view this video here, please click the link below to view 4029 Carters Mountain Rd Charlottesville VA 22902 | Country Home for Sale on my YouTube channel: https://www.youtube.com/watch?v=X17elVWRwUw&feature=youtu.be

Filed Under: Blog, Central Virginia Homes, Charlottesville, Charlottesville Homes for Sale, Charlottesville VA Homes, Homes in Charlottesville VA, Virginia Tagged With: Central Virginia homes for sale, Charlottesville Homes for Sale, Charlottesville VA Country Homes, Charlottesville VA Homes for Sale, Country Homes in Charlottesville VA, homes for sale in Charlottesville, Homes for Sale in Charlottesville VA, Homes in Central Virginia, Pam Dent

✅Why a Pre-Approval Is Crucial When Buying a Charlottesville VA Home

Are you getting ready to buy a new home?

One of the most important steps in the home buying process is obtaining financing. As a buyer, you have to know for certain which type of mortgage best suits your needs. In order to determine that, you need to get pre-approved for a mortgage.

Charlottesville real estate for saleMany buyers don’t understand why getting a pre-approval is important.  The truth is, if you don’t get a loan pre-approval before you start looking for Charlottesville homes for sale, you might actually prevent yourself from finding—and buying – your dream home.

Pre-qualification Vs. Pre-approval

There are some people who think that a pre-approval and a pre-qualification are one and the same.  There is actually a world of difference. You need to understand the difference between being pre-qualified and pre-approved.

A pre-qualification is the initial step and the entire process is informal. To prequalify for a mortgage, you have to meet with a lender and provide information about your assets, income, and liabilities. The lender will give you a rough estimate of how much money you can borrow based on the information you have given.

A mortgage pre-approval, on the other hand, is when a lender gives their written commitment to a potential borrower. With a pre-approval, the lender checks your credit and verifies your financial and employment information and documentation.

With a pre-approval letter from your lender, real estate agents and sellers know you are a serious buyer. Your pre-approval letter proves that you already have the backing and the ability to go through with the sale, making you a much more attractive buyer to sellers.

Below are several reasons you will be glad you obtained a pre-approval for a mortgage before looking for homes for sale in Charlottesville VA:

 

1. It pinpoints a price range

With a mortgage pre-approval, you will learn how large a loan you would qualify for based on your financial history. You don’t have to waste your time looking at properties that are beyond your price range.

It also narrows down the neighborhoods you should consider. When you know your budget, you also know what areas you can afford. This way, you can find your dream home much faster.

 

2. It results in a higher acceptance rate

Sellers are less willing to accept offers from a buyer without a pre-approval. They don’t like it if they need to wait for a buyer to get approved for a mortgage before a serious offer can be made or accepted.
Sellers appreciate buyers who have been pre-approved because they can start negotiating right away. In addition, they may be more willing to lower the asking price, cover closing costs, or make adjustments to work with a pre-approved buyer.

 

3. It speeds up the process

If you aren’t pre-approved, you’ll spend more time looking for homes. You may get turned down once you’re ready to make an offer.

With a pre-approval, you have less to worry about. You’ll have fewer major hurdles to overcome.

 

Let me help you find your dream home!

Call me, Pam Dent, at 434-960-0161. I’m committed to helping you become a successful home buyer in Charlottesville VA!

 

Filed Under: Blog, Charlottesville Homes for Sale, Charlottesville VA Homes, Homes in Charlottesville VA, Pam Dent, Real Estate Properties for Sale in Charlottesville VA Tagged With: Charlottesville, Charlottesville home, Charlottesville homes, Charlottesville Homes for Sale, Charlottesville real estate, Charlottesville VA Homes

NOW UNDER CONTRACT: 4029 Carters Mountain Rd Charlottesville VA 22902 | Country Home for Sale

Your own country haven

When you long for peace and serenity,  fresh air, mountain views and more space for you and your loved ones to enjoy, here’s a perfect opportunity for you.

Country Property for Sale in Central VA

Tucked away in 7.5 private acres of a lush wooded lot  in the one of the estate areas in Albemarle County is a charming all-brick one-story home. Set on gently rolling land and sheltered by towering  trees, this home offers the privacy and serenity you dream of.

Featuring 4 bedrooms, 3.5 bathrooms and an oversized 2-car attached garage in almost 3,000 square feet of living space, this Charlottesville country home offers beautiful winter mountain views in a private and convenient setting.

On this property, you can enjoy your passion for being self-sufficient, or you can turn it into a holiday get-away spot for those who are seeking for country retreat.

 A fun and comfortable place to live

Charlotteville is a beautiful and vibrant community popularly known for its scenic country scenes and two historic presidential estates. But did you know it is also the best producer of wines on the east coast?

This home is close to wineries. Jefferson Vineyards is only a ten minute drive away. Gabriele Rausse Winery is only five minutes away from this home, and the other wineries are all within a thirty minute drive.

This country home may sound like it’s located far from public amenities and conveniences, but the truth is it is in an accessible location.

For shopping and fine dining options, Downtown Charlottesville is only 20 minutes away. You won’t even notice the time while driving due to the county’s scenic views that surround you along the way.

A welcoming private retreat

The home is set back  from the road.

Country Property in Central VA

Step inside the front door and be welcomed into a good sized foyer with hardwood floors that extends all through the main floor.

To the left of the foyer is an ample-sized living room with a fireplace. Neutral toned walls enhance the warmth of the hardwood floors, creating a relaxing and inviting ambiance. The ceiling moldings and baseboards make this room more appealing.

Furnish it with your choice of furniture, throw in a rug for a more cozy effect, and add a center table with a vase of flowers and you already have a wonderful place to welcome family and guests.

Adjacent to the living room is a classic formal dining room with large windows and chair railings. Floral wallpaper graces the upper half of this dining room, giving it a quaint feel.

This dining room is spacious and can fit an 8-seater table easily.

It is also open to both the living room and the kitchen, providing a good flow when entertaining.

There’s plenty of storage in the kitchen

If you enjoy cooking, the kitchen of this Charlottesville property will appeal to you.

An eat-in kitchen, it features lovely oak cabinets, Formica counter, a breakfast bar, and loads of storage space. The windows overlook the  wooded backyard, so you can supervise your kids playing even when you’re inside preparing meals.

This home comes with a dishwasher, electric range, and refrigerator.

Central VA Country Properties

There’s also a breakfast nook overlooking one of the large windows. It’s the perfect spot for morning coffee and casual meals.

A cozy family room

Off the kitchen is the spacious family room which features warm neutral tones, a large fireplace to cozy up on cold nights, and a built-in bookcase. This warm and cozy family room is the best place to display your books, mementos and special souvenirs from your different trips.

This family room is a great spot for the whole family to gather and bond during game nights, or the perfect place to simply just relax.

Find privacy and retreat in the confines of the master bedroom.

Make this home’s master suite your private retreat, away from the hectic schedule of your work and activities.

The combination of carpeted floors, neutral-toned walls, and scenic views from the windows can instantly pacify and help you feel calm.

Nothing beats sleeping in a cozy master bedroom like this.

It also has an en-suite bathroom so you can fully enjoy your privacy.

All the other bedrooms are also large and well-appointed.

An outdoor living space for your enjoyment.

An outdoor oasis awaits you here in this Central Virginia country property. It’s the best outdoor living setup.

Step into a wide and spacious screened porch that opens to a private backyard.  Here you get an unobstructed view of nature all-year round.

Some outdoor furniture will look amazing in this space. It is the perfect spot for dining, whether you simply want to enjoy the view or when you are entertaining.

Do you require a recreation room?

When you need more living space, this home delivers. The terrace level offers a recreation room which has a brick fireplace and new carpet on the floor.

This terrace level has a bedroom and a full bathroom. It’s a great place for a home office, or you can turn it into a craft room where you can create and enjoy your arts and crafts.

Enjoy the benefits of a well-planned home

You’ll love how meticulously planned this property is. The laundry room has a water purification system and a water filter.

Central VA Country Property for Sale

There is an oversized two-car garage that provides more than ample storage space.

The whole home has also been freshly painted for your convenience.

Enjoy all this home’s features and amenities for ONLY $429,000.

Want to know more information about this home or learn about similar homes in the area? Visit https://JumpIntoGreenerPastures.com/ for a list of available homes for sale in Charlottesville.

Call me, Pam Dent, at (434) 960-0161. I specialize in country properties here in Central Virginia. With my help, you will surely find the best property, either as a main home or a vacation home.

In case you can not view this video here, please click the link below to view 4029 Carters Mountain Rd Charlottesville VA 22902 | Country Home for Sale on my YouTube channel: https://www.youtube.com/watch?v=X17elVWRwUw&feature=youtu.be

Filed Under: Blog, Central Virginia Homes, Charlottesville, Charlottesville Homes for Sale, Charlottesville VA Homes, Homes in Charlottesville VA, Real Estate Properties for Sale in Charlottesville VA Tagged With: Central Virginia homes for sale, Charlottesville Homes for Sale, Charlottesville VA Homes, Charlottesville VA Homes for Sale, homes for sale in Charlottesville, Homes for Sale in Charlottesville VA, Homes in Central Virginia, Homes in Charlottesville VA, Pam Dent

🏡What to Consider Before Buying a Home in Charlottesville VA

Buying a home has always been built into the American dream.

There are many advantages to having your own home. For one, you get to enjoy greater privacy. Homes also typically increase in value, build equity, and provide a nest egg for the future.

Owning a home can also give you a sense of pride and freedom you will never experience as a renter. When you buy your own Charlottesville VA home, you can maintain it however you want to. You can even adopt a pet if you have always wanted one but haven’t been able to due to your renting situation.

Real estate property for sale in Charlottesville VA

 

While buying a house can be a terrific investment, it is a decision that should never be taken lightly. It is a big financial decision so it is worth taking the time to consider the following things:

 

Affordability

Buying a house will have a significant impact on your finances, so how much you earn is a huge factor. Make sure you have the finances to afford the house you want to buy. A stable income is also critical to paying off a mortgage loan and will be a requirement from a lender.

You will find that the real estate market in Charlottesville VA offers an assortment of homes for sale in a variety of price ranges.

In addition, as a homeowner, you will be responsible for paying for all the repairs and utility costs, such as garbage and water. You will also need to pay for taxes and insurance related to your home.

 

Location

Choosing the right location is also an important consideration to make before buying a home. Think about your lifestyle, your needs, and the amenities that matter most to you.

While the condition and price of a home can be modified, you can never change a home’s location. Make sure to buy in an area that fits your lifestyle.

Other things to keep in mind include:

  • Safety
  • Schools available
  • Shopping
  • Walkability
  • Public transit access

 

So why choose Charlottesville?

Charlottesville is an attractive city nestled in the hills of the Blue Ridge Mountains. The city has received numerous awards including being ranked on the following lists:

  • Best Cities to Live in America
  • Best City to Retire
  • Best City to Retire Early
  • Best New Places to Drink Wine
  • Top Ten Places to Raise a Family
  • Top Ten Healthiest Cities for Women
  • Best Retirement City for Golfers
  • Best Small College Town

 

Wish List

Figure out exactly what you’re looking for in a house. Differentiate between the Must-Haves and the Nice-To-Haves.

Do you want a traditional single-family home? A townhouse? A condo? How many bedrooms and bathrooms will you need? Do you want extra space for a workshop or home office? Do you need a two-car garage?

While you may not find a house with absolutely everything on your wish list, identifying your top priorities is a good place to start.

 

Future Plans

Your future plans also dictate your priorities when buying a home.

How long do you plan to live in this home?

The general rule regarding the best time to buy a house is when you plan to live in the same area for at least the next five years. Otherwise, you’re probably going to take a hit financially.

 

Everyone deserves to find their dream home. The good news is you don’t have to go through the home buying process alone.

Call me, Pam Dent, at 434-960-0161. With my extensive knowledge of the Charlottesville area and the real estate market, I can help you find the best property that suits your lifestyle.

 

Filed Under: Blog, Charlottesville Homes for Sale, Charlottesville VA Homes, Homes in Charlottesville VA, Pam Dent, Real Estate Properties in Charlottesville VA Tagged With: Charlottesville, Charlottesville home, Charlottesville homes, Charlottesville Homes for Sale, Charlottesville real estate, Charlottesville VA Homes for Sale

🙌What to Expect When Buying a Home in Charlottesville VA

Purchasing a home is a big deal.

The whole process can be even more daunting if you’ve never bought a house before. It’s not as simple as picking out a house, having a seller accept your offer, signing your name on a couple of dotted lines, and getting the keys to the property.

Expect these things when buying a home in Charlottesville VA

Buying a house can be a lengthy and complicated process that involves a lot of steps. It’s a serious commitment. You have to prepare yourself financially, emotionally, and mentally.

 

Home ownership can be a smart long-term move, but you want to know what you’re getting into. Here are some things that you should expect when buying a home:

Expect rigorous financial checks

One of the things that you should expect when buying a home in Charlottesville VA is that you will undergo some serious financial checks. In order to decide whether or not to offer you a loan, loan officers will have to take a look at your financial standing.

Knowing your credit score is also important because it determines the rate and conditions you receive on a mortgage loan. If your credit score is high, lenders will see you as a low-risk investment and offer you a low rate on your loan with good conditions.

 

Expect to make a down payment

You have to be prepared to make a down payment if you’re set on purchasing a Charlottesville home for sale. A down payment is a type of payment made in cash during the onset of the purchase of a home.

Many home buyers pay down payments equal to 10% to 20% of the total value of the home, while the bank or other financial institution covers the remainder of the costs through a mortgage loan.

 

Expect that you and the seller aren’t the only people involved

When you decide to purchase a home, you’ll come in contact with several individuals, each playing a significant role in your purchase journey. This typically involves the following:

  • Mortgage Lender
  • Mortgage Banker
  • Real Estate Agent
  • Seller’s Agent
  • Home Inspector
  • Appraiser
  • Home Insurance Agent
  • Title Company or Settlement Agent/Attorney

 

Expect that you have to be patient

Being patient is one of the key elements you need to have in order to make sure you are making all the right decisions when buying a home.

Don’t get easily frustrated when you can’t find your dream home in the first few days or weeks. This is part of the process so you have to give it some time.  Once you have found the right home, you have to keep in mind that it is yet another part of the process to get to the closing of the purchase of your soon-to-be new home.  

 

Buying a home is an exciting time! Making the smart move of choosing the best real estate agent will ensure that your new home and community will meet your needs.

 

Let me be of service to you!

With my experience, I can help you find the best house, for the best price, that checks off the majority of the items on your checklist. I will help you navigate all the questions and explain the process, each step of the way.

Call me, Pam Dent at (434) 960-0161. Together, we can find the home that best suits you and your family!

 

Filed Under: Blog, Charlottesville, Charlottesville Homes for Sale, Charlottesville VA Homes, Real Estate Properties for Sale in Charlottesville VA Tagged With: Charlottesville, Charlottesville Homes for Sale, Charlottesville real estate, Charlottesville VA Homes, Charlottesville VA Homes for Sale, Pam Dent, Real Estate Properties for Sale in Charlottesville VA

👌How to Save for a Down Payment on a Charlottesville VA Home

Buying a home is the largest purchase most people will ever make.

If buying a home is one of your financial goals, it is best to begin preparing for it in advance as soon as possible. As with all major savings goals, the sooner you start setting aside money, the easier it will be.

How to Start Saving Down Payment for a Charlottesville VA Home

 

You’ve probably been thinking about how and where to save money for a down payment. While the amount can be daunting, it can be done with a basic understanding of how real estate financing works and how to create a savings plan.

What is a Down Payment

Basically, a down payment is the amount of money you spend upfront to purchase a home. It is usually combined with a home loan to fulfill the total purchase price of a home.

Homebuyers have to make a down payment because lenders generally won’t finance 100% of the purchase price. The bigger the down payment you can make, the less risky the loan is for the lender.

So how much down payment do you need in order to purchase a home for sale in Charlottesville VA?

That would depend on three things – your lender, the kind of loan you will get, and your financial situation. Typically you’ll have to pay a minimum of 5% to 20% of a home’s purchase price.

Here’s how to save for a down payment the smart way:

Determine your price range

Before you start saving money for a down payment, you need to determine first your price range. You don’t want to overspend on a home you can’t afford to keep, do you?

When deciding on a price range, be realistic and consider your financial situation. The often quoted rule of thumb is you can afford a house that costs up to 2 ½ times your annual gross income. If you are buying with your spouse, you should also consider his or her annual gross income to help you decide just how expensive a home you can buy.

Learn to prioritize

Saving for a home is all about priorities. Would you be willing to tighten your belt in order to save for the down payment of your dream home?

Identify areas in your life where you can cut back on expenses so you can put more money in your savings. The best way to do this is to create a budget.

You can also look for a cheaper way to do things. Do you take expensive vacations? You can try something less expensive or closer to home. You can save for a down payment without diminishing the fun in your life.

Put your savings on autopilot

If you’re really determined to buy a home for sale in Charlottesville VA, you could automate your savings into an account specifically for your down payment.

Having it automated makes sure that you don’t forget to make the deposit into your savings account. You can choose a fixed amount, like $300 per month. You can also specify a percentage of each paycheck. This way you can save more when you get a raise or bonus. 

 

Are you in the market for a home here in Charlottesville VA? Let me help you!

Call me, Pam Dent at (434) 960-0161. Let’s make sure that your real estate transactions go as smoothly and as stress-free as possible!

 

Filed Under: Blog, Charlottesville Homes for Sale, Charlottesville VA Homes, Homes in Charlottesville VA, Real Estate Properties for Sale in Charlottesville VA Tagged With: Charlottesville, Charlottesville home, Charlottesville Homes for Sale, Charlottesville VA Homes, Charlottesville VA Homes for Sale, Charlottesville VA Real Estate Properties for Sale

🏠How Do You Know When You’re Ready to Buy a Home in Charlottesville VA?

Getting ready to buy your first house?

 

Purchasing a house is one of the largest financial decisions you will make in your life and homeownership remains to be a goal for many. In fact, it is usually referred to as the great American Dream.

Having your own home means you will have a place to call your own where you’ll be creating equity and building towards the future. You will also have the freedom to decorate your home without having to get approval from someone else.

 

Purchasing a Charlottesville VA Home

 

Of course, there are also serious responsibilities. For one, you’ll have to pay for all the maintenance. You have to be sure that you are ready to take on the duties associated with home ownership.

So how do you know when you’re ready to buy a home in Charlottesville VA?

 

Your finances are in order

Before buying a home, you have to know both the upfront and the ongoing money you’ll need. Are you financially ready? How much credit card debt do you have?

How about your credit score? Your credit score will indicate how creditworthy you are. If your credit score is terrible, it may not be a good time to purchase a house. On the other hand, if you have excellent credit, it will be easier for you to get a mortgage at a low-interest rate.

 

You have saved enough down payment

Saving up a down payment may seem like a daunting task. However, it can be done if you go about it the right way.

If you have already saved enough money for a down payment, it is a good indication that you’re ready to buy a home. However, you also have to take into consideration the other expenses like closing costs, insurance, taxes, and repairs and furnishings to turn the house into a livable home.

If you can afford a down payment that allows room for breathing after the purchase, you are well on your way to home ownership.

 

You are ready to settle down

Before buying any home, make sure you’ll want to stay in that location for at least the next three to five years. Remember that your home is a long-term investment.

On average, home prices, appreciate around three percent per year. If you were to buy and have to sell in less than two years you’d likely lose money because there’s a chance that the increased value won’t even cover the closing costs you paid to buy the house.

 

You have the maturity to own a home

While homeownership is a major accomplishment, it also involves a great deal of responsibility. While you were renting, your landlord takes care of everything. Your duty was to pay your rent on time and to keep your unit clean. However, it is entirely different when you own a home.

Are you ready to do the maintenance work necessary to keep your home in good shape? Are you prepared to make all of your mortgage payments on time every time?

If you’re committed to taking on these responsibilities and more, then you’re ready to purchase your own home!

 

Are you in the market for a home here Charlottesville VA? Let me help you!

Call me, Pam Dent at (434) 960-0161. With my expertise and experience, I can help turn your real property dreams into a reality.

 

Filed Under: Blog, Charlottesville Homes for Sale, Charlottesville VA Homes, Homes in Charlottesville VA Tagged With: Charlottesville, Charlottesville home, Charlottesville homes, Charlottesville Homes for Sale, Pam Dent, Real Estate Properties for Sale in Charlottesville VA

3 Things a Golfer Can Do in a Charlottesville Golf Community to Stay Sharp

3 Things a Golfer Can Do in a Charlottesville Golf Community to  Stay Sharp

 

If you are considering to buy a home in a Charlottesville golf community, you will not be disappointed, particularly if you are a golf enthusiast. The golf communities are the perfect place for golf lovers like you who desire to pursue an active lifestyle by engaging in sports regularly.

3 Things a Golfer Can Do in a Charlottesville Golf Community to Stay Sharp 

Instant access to the sport you love is only one of the highlights of living in these neighborhoods. These communities also offer world-class amenities such as fitness centers, clubhouses and other sports facilities such as tennis courts, swimming pools and basketball courts. You will also have the pleasure and convenience of being in close proximity to everything you need such as shopping centers, dining places and other outdoor activities.

 

If golf is all you want, there are other things that can keep you interested in the sport in addition to simply going through a round and playing it. Here are a few ideas to keep you excited about the game.

 

Warm up for the game

Living in Charlottesville golf communities means unlimited access to golfing. While golf is not a sport like basketball or soccer that involves plenty of running and quick movements, it does hone a person’s discipline and strategic thinking.

 

Before heading out on the course, players should not disregard the importance of warming up. In order to avoid injury and play your best, it is necessary  to make sure that you have given yourself time to warm up before a game. A short walk to get your blood flowing and your body moving would be really good for you. Stretching and warming up prepares your body to swing freely, and also serves as conditioning for the game will last for several hours.

 

Be a part of a community

Living in a Charlottesville golf community allows you to establish a network of friends you can enjoy playing golf with. You will find yourself surrounded by people who share the same interests as you. Aside from golf, there are additional  activities for you to enjoy with all the amenities that these communities offer.

 

Plus Charlottesville is a town that thrives in the arts, is rich in history and supports its local businesses. There are different events in town that you can explore as you become a part of this wonderful community.

 

Hone your skills and learn more about golf

Experts and amateurs alike have a lot to learn as they try to master this sport. You will find joy in learning much more through the people you will meet and the network you will build. You will learn a lot about yourself as a player and discover more about the areas you can improve on.  Care for a challenge? Try playing in a league. This will give you the opportunity to compete and also to forge new friendships.

 

The lifestyle that these golf communities offer is something to look forward to. There is definitely nothing more exciting than life in the fairways.  For more information, visit this website today for more information www.CharlottesvilleGolfCommunities.com.

 

Call me, Pam Dent today at (434) 960-0161. I can assure you of the best quality service. I have the professional and expert knowledge on Charlottesville real estate, local housing market, horse farms and golf communities that will guide you through the exciting and fulfilling journey of finding your dream home.

Save

Save

Save

Save

Save

Save

Save

Filed Under: Blog, Charlottesville, Charlottesville Golf Communities, Charlottesville Golf Community Homes, Charlottesville Homes for Sale, Information for buyers, Virginia Tagged With: Central Virginia homes for sale Pam Dent, Charlottesville golf communities, Charlottesville Golf Community Homes, Charlottesville Homes for Sale, Charlottesville VA Golf Course Communities, Charlottesville VA home for sale, Pam Dent

  • 1
  • 2
  • Next Page »

My Specialties in Central Virginia

HORSE FARMS

GOLF COMMUNITIES

FOR SALE BY COUNTY

FOR SALE BY PRICE

FOR SALE BY ACREAGE

HISTORIC PROPERTIES

Relocation Series

Request Relocation Info

Blog Categories

  • Albemarle Country Homes for Sale (3)
  • Area Features (4)
  • Blog (451)
  • Brightwood VA Equestrian Homes for Sale (2)
  • Brightwood VA Equestrian Properties (2)
  • Central Virginia Historic Homes (9)
  • Central Virginia Homes (21)
  • Central Virginia Horse Farm for Sale (26)
  • Central Virginia Real Estate Properties (7)
  • Charlottesville (70)
  • Charlottesville Golf Communities (7)
  • Charlottesville Golf Community Homes (10)
  • Charlottesville Homes for Sale (50)
  • Charlottesville VA Homes (38)
  • Charlottesville VA Horse Farms for Sale (24)
  • Crozet VA Homes for Sale (1)
  • Earlysville VA Homes (3)
  • Earlysville VA Homes for Sale (4)
  • Equestrian news (43)
  • Equestrian Properties in Port Republic VA (1)
  • Farms and Estates (125)
  • Fluvanna County VA Homes (2)
  • Fluvanna VA Country Property for Sale (1)
  • Foreclosures (12)
  • Free Union VA Country Homes for Sale (4)
  • Free Union VA Homes (3)
  • Free Union VA Homes for Sale (3)
  • Glenmore (7)
  • go green (3)
  • Gordonsville VA Homes for Sale (3)
  • Gordonsville VA Horse Farm for Sale (2)
  • Green building (9)
  • Historic Central VA Home (7)
  • Historic Central Virginia Country Home for Sale (3)
  • Home selling tips (7)
  • Homes for Sale in Central Virginia (7)
  • Homes for Sale in Crozet (1)
  • Homes for Sale in Earlysville (1)
  • Homes for Sale in Keswick (4)
  • Homes for Sale in Lovingston VA (1)
  • Homes for sale in Palmyra VA (2)
  • Homes for Sale in Roseland VA (1)
  • Homes for Sale in Scottsville VA (2)
  • Homes in Charlottesville VA (23)
  • Homes in Free Union VA (3)
  • Homes in Lovingston VA (1)
  • Homes in Palmyra VA (4)
  • Homes in Roseland VA (1)
  • Homes in Somerset VA (3)
  • Horse Farm Properties for Sale in Brightwood VA (2)
  • Horse Farms for Sale in Charlottesville VA (9)
  • Information for buyers (129)
  • information for home owners (20)
  • Information for homeowners (18)
  • Information for sellers (72)
  • Keswick (1)
  • Keswick VA Homes (4)
  • Keswick VA Homes for Sale (5)
  • Listings (38)
  • Local events (24)
  • Louisa VA Homes (2)
  • Louisa VA Homes for Sale (1)
  • Lovingston (1)
  • Lovingston VA Homes (1)
  • Lovingston VA Homes for Sale (1)
  • Luxury Homes in Scottsville VA (2)
  • Market Reports (39)
  • Mortgages (9)
  • Neighborhoods (9)
  • Nelson County Homes (1)
  • New Construction, (1)
  • open houses (3)
  • Palmyra VA homes (5)
  • Palmyra VA homes for sale (3)
  • Pam Dent (41)
  • Pet Friendly Real Estate (3)
  • Places to Go (6)
  • Rapidan VA Horse Farms (1)
  • Real Estate (104)
  • Real Estate Properties for Sale in Charlottesville VA (19)
  • Real Estate Properties for Sale in Crozet VA (1)
  • Real Estate Properties for Sale in Louisa VA (1)
  • Real Estate Properties for Sale in Troy VA (1)
  • Real Estate Properties in Charlottesville VA (11)
  • Real Estate Properties in Keswick VA (3)
  • Roseland VA Homes (1)
  • Roseland VA Homes for Sale (1)
  • Roseland VA Real Estate Properties for Sale (1)
  • Ruckersville VA Homes (2)
  • Ruckersville VA Homes for Sale (3)
  • schools (3)
  • Scottsville VA Homes (2)
  • Scottsville VA Homes for Sale (2)
  • Sold Listings (26)
  • Somerset VA Homes for Sale (4)
  • Staunton VA Historic Home for Sale (1)
  • Troy VA Homes (1)
  • Troy VA Homes for Sale (2)
  • Uncategorized (54)
  • Vacation homes (2)
  • Virginia (59)
  • Virginia Equestrian Property for Sale (23)
  • Virginia Historic Homes (10)
  • Virginia Horse Farms (30)

Areas of Expertise

  • Central Virgina Horse Properties
  • Keswick VA Horse Properties
  • Albermarle VA Horse Properties
  • Charlottesville VA Horse Farms

Social

  • Facebook
  • LinkedIn
  • Twitter
  • YouTube


Contact Pam

Pam Dent
Phone: (434) 960-0161
Email: [email protected]
Gayle Harvey Real Estate Inc.
198 Spotnap Rd, #C-5,
Charlottesville, VA 22911


Real Estate Site Map

Copyright Š 2016 All Rights Reserved