What to Know When Buying a House in South Riding, VA
Buying a home can be one of the most satisfying yet challenging things you do in life — especially when you're a first-time home buyer in South Riding, VA. Mr. Cooper is here to help you learn everything you need to know. We'll make sure you're equipped with confidence and empowered with information about prequalification, financing options, and your home search. Our mortgage professionals have years of experience buying homes, and they know how to customize information to fit your situation. You'll learn what questions to ask and when, such as, "how long has this house been for sale?" and, "how many offers has the seller received so far?" Give Mr. Cooper a call to get started. With the Mr. Cooper® Agent Assurance program, we'll help you find an agent you trust and who will give you step-by-step guidance through the entire process.
We'll help you prepare and plan for home ownership by helping you estimate how much house you can afford in South Riding. We'll then walk you through prequalifying for a mortgage, something that could help you stay ahead of the game. Getting prequalified for a mortgage is incredibly important when you're trying to buy a house in South Riding. It shows sellers that you're serious and that a mortgage lender believes you're a reliable candidate for a home loan. It will also provide you with a quality estimate of how much you can afford to spend on a new home. Finally, we'll help you choose and apply for a home loan, secure your loan, and walk you through the process until closing day. Then on closing day, you could get $300-$8,000 in cashback** when you work with a Mr. Cooper Agent Assurance real estate agent! With Mr. Cooper in your corner, you can make buying a home in South Riding easier.
Mr. Cooper Can Help You Sell Your House in South Riding, VA
Similar to buying a house, selling a house in South Riding, VA can feel both rewarding and stressful — but for different reasons. Sellers have to overcome unique obstacles. Mr. Cooper understands those challenges inside and out and can help you enjoy a smoother home selling experience.
For example, there's the challenge of finding the perfect new home while trying to sell the one you're in now. There are only so many homes to choose from around South Riding, and inventory is always changing. You want to wait for the right home but might not feel like you can afford to. Mr. Cooper knows this obstacle and can share some solutions for taking the stress out of selling your house. Other hurdles are less tangible, like any unrealized assumptions you have about your home's final sale price, or the emotional tie you have with your home. Not to mention, you still have to pack up every room!
At Mr. Cooper, we have professional team members and resources to help you take on tough challenges AND save money on real estate commissions and closing costs. As a seller, you'll get comprehensive marketing and sales service at a great value. Ask about our Agent Assurance program in South Riding to learn how our money-maximizing real estate program could support you as both a home buyer and seller in South Riding!
More on Mr. Cooper Escrow Period
What's an escrow period? It's a phrase you'll come across throughout your homeownership journey, whether you're on the buying or selling side of things. Escrow period is when a third party holds on to something of value, typically money, in a certain account until an exchange between a seller and buyer is complete. The escrow process can be used for all kinds of business handlings, but we shine the spotlight on how it is used in real estate. If you're the one buying the home, you usually agree to put a percentage of the property price into escrow. If you're the home seller, you agree to remove the home from the market during the escrow period so it can be inspected.
Once you're a homeowner and enjoying living in your home, escrow takes on a slightly different meaning. Your escrow account is like a piggy bank that holds money for your mortgage company to pay your property taxes and insurance premiums. The account helps alleviate the stress of having to save for and keep track of those expenses. Reach out to one of our dedicated customer service agents to learn about your former Nationstar escrow account or current Mr. Cooper escrow account. We are here to walk with you, whether you're buying or settling in. We can show you a better way.
Mr. Cooper's Services Go Beyond Just Home Financing in South Riding
In South Riding, Mr. Cooper is a great home buying and selling ally to have in your back pocket. We'll give you the information, service, and support you want to make confident moves toward your best financial future. We can even provide education around credit scores and walk you through the process of boosting your credit to expand financing options that might be available to you. Building credit can be as easy as reducing your total debt, monitoring and resolving credit errors, and paying bills before they're due. Credit mistakes often happen when people don't take action or aren't paying attention. You can be different. All it takes is a little knowledge. You can take action, check your credit, work to improve it, and get prequalified for a home loan. You can be ready to buy or sell your home even sooner when you have Mr. Cooper as a resource.
**Cashback bonuses are issued by Realogy after a customer closes a transaction using an Agent Assurance Agent. The amount depends on the property sale/purchase price and range from $300 for properties under $99,999 and $8,000 for properties $3 million and over. See full terms and conditions below.