Mechanicsville Home for Sale Under Contract

By
Real Estate Agent with RVA Home Team 0225195925

Mechanicsville Home for Sale Under Contract

Mechanicsville Home for Sale Under Contract    Recently I met a new client who had made the decision of buying her first home. With rates on the rise, as well as housing prices, now is a great time to invest in home ownership and stop paying the landlord. My buyer and I spoke about wants and needs for her new place and set up property tours. Off we went!

Think with your head and then your heart.

On our very first trip out to tour homes for sale in Mechanicsville, my client found a wonderful single family, colonial style home that was meticulously maintained and within the budget. This home had everything on her list: 4 spacious bedrooms, 2.5 awesome bath rooms, a formal living room, large family room, kitchen with a sunroom, and a fenced in yard on a level lot. The catch? It wasn't in my clients desired school location.

While there are compromises to make in Richmond VA real estate, location really shouldn't be one of them. As your Richmond VA Realtor, I can do a lot of things, but moving your home is beyond my scope and abilities. While my client mulled over making an offer, I reminded her the importance of location, location, location. I explained she could find another home in her desired location and could make updates over time, but ultimately the decision was hers. She decided to pass.

We scheduled another day to tour homes and on our journey we uncovered two homes that met my clients criteria. The new dilemma was too many choices. I will take that problem any day of the week! Once again a decision was to be made by my buyer. She found properties in her desired location, so priority number one was met. House A had a larger lot and a more closed off floor plan. House B had more square footage and a very open floor plan. Both had lake views. I now urged my client to take into consideration structure over, say, granite. It is much more difficult to make a closed floor plan into an open one but it is very easy to add granite to a kitchen. My buyer thought about this overnight and called me the next day to say she wanted to write an offer on the more open floor plan property as she just loved the flow of the house.

Understanding a contract when you make an offer.

Being a first time home buyer, my client naturally had lots of questions and I encouraged them! We met at her office and went over each paragraph of the contract with me explaining what each one meant. After-all, the contract is between the buyer and the seller so a lot of responsibility lies on them. It is my job as a Richmond VA real estate agent to ensure my client understands what she is agreeing to. I loved that my client was so diligent, even checking the property disclosure website, the sex offender list, and calling the schools to verify they were what was represented on the MLS listing. Virginia is a buyer beware state so due diligence is of great importance.

Submitting an offer and negotiation.

I submitted the offer to the listing agent with a response deadline of 24 hours. Within hours negotiations were completed and our respective clients were ratified. I called my client to congratulate her for being under contract to purchase her first home and to outline the next steps. We immediately lined up the home inspection and copies of the contract we routed to all parties involved.

Satisfying Contingencies.

My client has seven days from ratification to make formal loan application with her lender. In addition, we will complete the home inspection, negotiate any repairs to be made, order an appraisal, and satisfy any other contingencies left on the contract. Then my client will head to closing and receive those sough after keys to her new home!

RVA Home Team with Jefferson Properties.

Once again, I am proud and grateful to have assisted another client in navigating the Richmond VA real estate process! This Mechanicsville home for sale is under contract and I am ready to help guide you through your very own journey! Contact me at the RVA Home Team with Jefferson Properties today!

Originally published at: http://www.rvahometeam.com/richmondvanews/mechanicsville-home-sale-under-contract/ 

 

Posted by

Shannon Milligan, Associate Broker/Realtor

RVA Home Team

Winning with Integrity

eXp Realty 

6802 Paragon Place #410, Richmond, VA, 23230

804-248-8207 (cell)

www.rvahometeam.com

 

 

 

Comments (11)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Great Job Shannon,  You are on a great roll for the year, keep it up. 

Apr 01, 2014 04:37 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Best wishes for a smooth transaction. This will be a lovely home for the lucky home buyers.

Dolores and I just returned from a ten day visit to Colonial Williamsburg.

Apr 01, 2014 08:05 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Shannon Congrats hope the rest of the Escrow period will be smooth until the closing!, Endre

Apr 01, 2014 09:05 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Shannon - Congrats on putting another Mechanicsville home under contract!

Apr 01, 2014 09:43 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Shannon. Congratulations on getting the home under agreement. Looking forward to seeing many more throughout the year.

Apr 01, 2014 07:45 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Shannon, congratulations on this recent pending property, and hope your buyer gets through the contingencies without issues!

Apr 01, 2014 11:11 PM
Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Shannon , I love how diligently you helped your client come to the best conclusions for her needs!

Apr 02, 2014 05:08 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Will - I have been blessed and am so thankful for it!

Roy - I bet you had a wonderful time! I noticed many of your pictures on Facebook and they were lovely! 

Endre - Inspection negotiations underway. Keeping it all crossed!

Michelle - Thank you! More and more people are choosing Mechaniscville for its great proximity to Richmond yet has mature trees and suburban feel.

Joe - We are so fortunate to do what we love for a living!

Joan - Me too! Thanks for taking the time to read about my newest adventure!

Connie - I appreciate that!

Apr 04, 2014 10:03 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Have an outstanding weekend. Connect with me on Pinterest!

Apr 04, 2014 11:53 PM
David Burrows
Classic Realty - Fairfax, VA
No Pressure, Just Seriously Devoted to Real Estate

Hello Shannon, congratulations on the contract! I appreciate you giving us a birds eye view of you and your clients experience in finding their first home.

Apr 05, 2014 10:38 PM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Roy  - I will have to connect with you there! 

David - Thank you! I appreciate you taking the time to read and comment!

Apr 10, 2014 09:48 PM