The time has come and you are ready to buy, but before you start searching for your next home review this checklist. This list helps you prepare your budget in advance and guide you to financial success in the future.
1. Reduce Debt & Increase Credit Score: Before you start looking for your next home you should request a credit report. This will give you a starting point on understanding your credit score before you request a loan. Your credit score will influence the interest rate of your loan.
2. Save Money to Set Yourself Up with a Large Down Payment: While it is possible to purchase a home without a 20% down payment it’s best to get as close as possible. This will allow you to have a smaller mortgage rate, Avoid PMI, and receive a better rate. If you do not have a 20% down payment you may qualify for a VA or FHA loan.
As you begin the process to find your next home checking these items off your list will provide you with a more successful home buying experience. Our team is here to help you! Let us know the area and/or neighborhood you are looking to live along with your top needs our team of professionals will assist with finding your next home.
Ronda Morrison is an award winning, full time REALTOR® who has been making her client’s dreams a reality for almost 10 years. Based in Hampton Roads, Ronda Morrison sells residential properties in Virginia Beach, Norfolk, Chesapeake, Portsmouth and the surrounding areas. Ronda specializes in foreclosed and short sale properties as well as waterfront condominiums and single family homes. Her multi-faceted expertise and use of latest internet technologies is of great benefit to her clients.
Ronda truly understands the dynamics of the Hampton Road’s real estate market and is an expert at educating her clients so they can make the best decisions for their needs. She gains great satisfaction from helping those who thought there was not hope.
Ronda understands that the purchase of a home is often the largest purchase a person will make in their lifetime. She believes Realtor’s ®have an obligation to be well educated to provide the level of service and protection her client’s deserve. She is constantly furthering her knowledge and has earned the designations of, Accredited Buyer Representative ABR, Certified Distressed Property Expert CDPE, e-Pro, Graduate Realtor Institute, GRI, Short Sale and Foreclosure Resource, SFR, Senior Real Estate Specialist, SRES. Her dedication to service and work ethic has earned her many award throughout the years. She has had the honor of being the top listing and sales agent in 2009, 2010 and 2011, as well as awarded the Circle of Excellence for 2010 and 2011. In addition, she is a member of National Association of Realtors®, Virginia Association of Realtors, Hampton Roads Realtors Association and National Association of Hispanic Real Estate Professionals.
Ronda feels that being a Realtor® is about more than joining professional associations, she believes Realtors should be involved in the communities where they work as well. She has served her community in many capacities in the local Civic League and Homeowners Association from 2004-2012. She and EXITRealty also support Habitat for Humanity and to date they have donated over $2 Million to the charity and built more than 15 Habitat Homes. As a cancer survivor for over 20 years she makes it part of her mission to reach out to those that are currently undergoing surgery and chemotherapy to hold their hand or give them or their family support in any way she can.
Ronda understands the stresses and hassles involved in the buying, selling and relocation process and she strives to alleviate these concerns for her clients as much as possible. Ronda will be there for you, to walk with and guide you through one of the most personal, emotional and financial investments you will make in your life. Whether buying or selling, be it your first home, your last home, or building your investment portfolio, Ronda Morrison has the knowledge and experience to deliver the unsurpassed service you deserve. She can’t wait to help you achieve your dreams as she has helped so many clients before.