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First Time Homebuyers: Virginia Beach, Chesapeake and Norfolk Virginia home buying, real estate listings, and homes for sale in Virginia Beach County, VA
Welcome > For Buyers > First Time Homebuyers ...


Buying Your First Home? Real Estate Agents Are Your Professional Guides. Make Sure You Choose Top Experts. 

You might be a bit afraid or intimidated by the whole process of buying your first home. As top Virginia Beach, Chesapeake and Norfolk real estate experts, it's our job to guide you, from beginning to end. 

We will take the time to go through each and every step of the buying process. There are no dumb questions! 

Together, we will consider: 

- How much can you really afford? 

- How to qualify for a mortgage. 

- How much cash you should put down. 

- How to buy a home with little or nothing down. 

- What it takes to get approved for financing. What banks and other financial institutions are looking for. 

- How much your payments will be. 

- The tax advantages of buying. 

- Is renting or buying better for you? 

Tell us a bit about your situation below. We'll get right back to you. There is absolutely no charge, and we offer this to you with no strings attached. 

New to the home buying process? Tell us your concerns. Ask us questions. It's our job to help! There's no obligation, and we promise to get back to you quickly... 

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Real Estate Tips
Buying Land and New Construction >What About the Water

If you are considering buying acreage, your real estate agent will probably supply you with basic information about the soil quality, zoning and property boundaries. Whether you intend to build a vacation home or a working horse ranch, you'll also need to know about the water quality and quantity.

If the land is not in an area where water is supplied and tested by a municipal water system, you will need to drill a well for drinking water even if the land has surface sources that provide water for irrigation. Instead of paying monthly water bills, you'll be investing a substantial sum to drill the well and maintain it over time. Contact the county water department to determine how many gallons per minute you and your family (or agricultural business) will require. Talk to the neighbors to find out how long it actually takes to obtain permits to drill for water in that area, and get estimates from local companies on drilling costs.

With a little detective work and help from your agent you can discover any local problems with contamination of the water supply due to toxic substances. Surface waters such as streams, ponds or lakes may be considered public property, and may require you to obtain a water use permit from the state in order to dam a creek or pump water from a supply that sits on your land.

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Real Estate Trivia
Q 
Which metropolitan area in America currently offers the most affordable market in which to buy new homes?

A 
The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S.
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Chantel Ray Real Estate Team, REALTOR®, real estate agents and broker for Virginia Beach, Chesapeake and Norfolk Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Chantel Ray Real Estate Team
William E. Wood and Associates

195 S. Rosemont Road, Suite 109
Virginia Beach, VA. 23452
(757) 497-8733
(757) 717-1003
Fax: (757) 473-0187
Email: chantelray@NUMBER1EXPERT.com

A mathematics graduate of Virginia Weslyan College, Chantel taught at Cox high school for several years. She has served as a children’s minister and Youth minister. The Chantel Ray Real Estate Team has sold on average 6 million dollars in real estate every 3 months! Chantel resides in Virginia Beach with her husband of three years and their dog Mango. Chantel's most recent accomplishment is completing her EPro Certification. She is currently working on her GRI which is nearly complete.

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William E. Wood  and Associates real estate and homes for sale in Virginia Beach, Chesapeake and Norfolk Virginia

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