All About Buying a House in Radford, VA

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Get Familiar with the Lay of the Land in Radford, VA

Thinking about buying a home in Radford? Awesome! You selected a lively city with a dynamic selection of parks, businesses, and educational opportunities, and we're here to help make your home purchase and move a little easier. We serve 3.8 million customers across the country and are familiar with the ins-and-outs of the Radford housing market.

Given all of Virginia's growth, Radford homes aren't always easy to find at a comfortable price. Continued support for local businesses and cultural growth have helped to attract retirees, new businesses, and young families to the Radford area, but so much change also means a strain on housing options, school capacities, and city roads. That said, Radford and its neighboring areas still offer a variety of homes in price and amenities. You can find townhomes, condos, single-family homes, duplexes, and (ideally) your dream house! When looking to buy a house in Radford, double check that you're factoring in the home's distance from your daily activities. If you can, test drive your route to work, school, and the grocery store. Your home's location will influence almost every aspect of your life. Traveling around Radford will also give you an idea of why homes in west Radford are priced differently than homes in east Radford, what the communities are like, and where to find Radford's coolest attractions.

You're ready to buy a house in Radford, but is your bank account? Reach out to a Mr. Cooper Mortgage Professional if you don't know how to go about answering that question. We believe everyone can find their dream home and try our best to make the journey easier and more rewarding. You could choose to buy a home in Virginia or elsewhere. We help first-time homeowners and experienced homeowners alike. Start with the following steps to help you see if you're in a good financial position to buy a house in Radford.

First, estimate how much house you can afford. This will help you set a price range while house shopping in Radford. Then, add up the potential monthly payments (including property taxes, insurance, homeowners association fees, home repairs, etc.). It's okay if these numbers are educated guesses. While everyone's situation is different, an online search for Radford averages will usually give you some solid estimates. Remember that the bulk of your monthly homeowner expenses could be your monthly mortgage payment.

Now, consider how much you can contribute to a down payment. A down payment of at least 20% can help boost your chances of getting a great rate and will allow you to avoid private mortgage insurance (PMI). That said, the minimum down payment requirements depend on the type of loan. 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, consider your credit profile. Lenders place a high importance on credit history when looking at your mortgage application. The healthier your credit is, the more mortgage options you may have open to you— and who doesn't want more choices in life?

It's Go Time! Buy a House in Radford, VA

While moving is a universal experience, it remains one of the top stressors that a person can experience in life. But moving can also be incredibly rewarding, especially when you get to live in an amazing city like Radford. Contact Mr. Cooper as you look to buy a home in Radford. We're here for you from start to finish and Mr. Cooper® Real Estate Rewards can even put you in touch with a vetted real estate agent who can potentially help you save thousands of dollars.*

Mr. Cooper Reviews from Real Customers in Radford, VA

Read real stories from real Mr. Cooper home buyers and sellers in Radford, VA. Then contact us to see what we can do for you.

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