Exploring Bon Air, VA From North to South
Thinking about buying a home in Bon Air? Smart move! You've chosen an energetic city with a great balance of educational opportunities, businesses, and parks, and we're here to help the home purchase process go a little smoother. We service 3.8 million customers from coast to coast and have the inside scoop on Bon Air's housing scene.
Bon Air is growing by the day, which means Bon Air homes don't always come cheap. Ongoing cultural expansion and economic growth have helped to beckon retirees, new businesses, and young families to the Bon Air area, but that much change also highlights the need for better infrastructure, larger schools, and a more diverse housing market. Despite this, Bon Air and the surrounding areas still offer an array of homes in price and amenities. You can find duplexes, single-family homes, townhomes, condos, and (hopefully) your perfect home! When buying a house in Bon Air, double check that you're factoring in the home's distance from your daily activities. If possible, test drive your trip from the house to work, school, and the grocery store. Your house's location will affect everything, from your morning routine to how you spend your evenings. Exploring Bon Air will also help you get a feel for how homes in east Bon Air differ from west Bon Air, what the neighborhoods are like, and where to find Bon Air's hottest attractions.
You're ready to buy a house in Bon Air, but is your bank account? Contact a Mr. Cooper Mortgage Professional if you're unsure of your answer. We think the dream of homeownership should never fade and work to make every stage of the journey more enjoyable and less worrisome. It doesn't matter whether you want to buy a home in Virginia or somewhere else entirely. We support first-time homeowners and experienced homeowners alike. Read through the following steps to help you figure out if your finances are in the right place to buy a house in Bon Air.
First, calculate how much house you can afford. This will help determine the price range for your Bon Air house hunt. After that, jot down your potential monthly payments (including home repairs, insurance, homeowners association fees, property taxes, etc.). You don't need an exact amount for these expenses. Searching the web for Bon Air averages will usually give you a solid estimate, though everyone's situation is different. Keep in mind that your monthly mortgage payment could make up the bulk of your monthly home expenses.
Now, figure out what a realistic down payment would be for you. Placing a minimum of 20% down can improve your chances of getting a great rate and will allow you to avoid private mortgage insurance (PMI). Even so, the required down payment will depend on the type of loan you get. Here's where it can help to get prequalified for a mortgage. Getting prequalified helps you know how much you might be eligible to borrow from a lender. Also, check your credit. Credit history is an important part of your mortgage application. The better your credit is, the more mortgage options you may be presented with— and options are always a good thing!
Move Up and Out: Buying Your Dream House in Bon Air, VA
As common as moving is, you'd think we'd all have figured out a less stressful way to do it. And yet, it remains a top stressor in life! But moving can also be incredibly rewarding, especially when you get to live in an amazing city like Bon Air. Contact Mr. Cooper as you get ready to buy a house in Bon Air.