Buyer’s Guide
You’ve come to the finest place.
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We’ve been helping our Richmond neighbors
build upon their dreams for 50 years—and we’re excited to help you do the same.
If there’s been one constant in Richmond over the last 50 years, it’s change. Our community has stretched and grown in wonderful new ways, building upon a long history of creativity and innovation to become a regional leader. Richmond is home to world-class companies, cutting-edge universities and exciting outdoor recreational, cultural and dining opportunities that keep families like yours wanting to plant their roots even deeper here. People who live in Richmond want to stay in Richmond! And the many charms of our region are attracting even more diverse neighbors and experiences every single day. Joyner Fine Properties has not only been here to witness those changes, but has helped to lead them. Over our 50-year history of serving the community, we have helped generations of Richmonders find the homes that provide their families with the foundation for a life well lived, in a region where “quality of life” comes standard.
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We know Richmond. We love Richmond. We are committed to Richmond.
In a time when real estate companies have consolidated under increasingly similar and generic national brands, we remain as local and independent as we were on the day of our founding. Why does that matter? Because our independence and 50-year commitment to the community mean we take serving your needs extraordinarily seriously. We are now—and will always be—your neighbors. This perspective drives us to want to do the right thing, always. The relationship we build with you is the exact opposite of a faceless, nameless online transaction. We strive to bring you the finest expertise and the finest service, so that you can thrive alongside us in a Richmond that grows better and stronger with you in it.
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6 OFFICES THROUGHOUT CENTRAL VIRGINIA
50+ YEARS IN BUSINESS
50+ HOME SALES OVER $1 MILLION IN THE LAST YEAR
TOP 1 % OF ALL FIRMS IN CENTRAL VIRGINIA
$ 4B SOLD IN THE LAST 5 YEARS
$ 2.7B SOLD IN THE LAST 3 YEARS
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The finest service begins with the finest agents.
Joyner Fine Properties is a destination firm for the most successful real estate agents in the Richmond region. And with good reason— we give our agents the support and access to leading-edge technology and more that enable them to focus on what matters most: your complete home-buying experience. By growing a large team of real estate experts backed by a large team of specialists in all areas of home buying, we are able to bring you our very best in a friendly but efficient manner that ensures your interests are always best served.
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U.S. HOME SALES | Volume shown in Billions of Dollars
$405
Keller Williams
$353
Coldwell Banker
$317
Compass
$251
Berkshire Hathaway Home Services
$139
eXp Realty
$132
Sotheby’s International Realty
$115
RE/MAX
$113
Century 21
$39
HomeSmart International
$35
Better Homes & Gardens
$17
United Real Estate
$14
ERA
$13
Corcoran
$12
This bar chart is sourced from REAL Trends 500 for 2021, realtrends.com.
TOTAL U.S. PROPERTIES | Over $1 Million
12,260
sothebysrealty.com
9,403
compass.com
5,311
coldwellbankerluxury.com
4,727
christiesrealestate.com
3,005
elliman.com
2,528
engelvoelkers.com
1,317
kwluxuryhomes.com
871
theagencyre.com
353
Source: Scott Business Consultancy June 2022. Chart compares brands with luxury positioning and a dedicated website with the ability to determine the difference between company exclusive properties and IDX listings.
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With Joyner Fine Properties, local doesn’t mean limited.
Our experience and reach in the Richmond region are unmatched, but our capabilities extend far outside the city. As a member of the Leading Real Estate Companies of the World ® —an invitation-only program that provides us with exclusive partnership with the world’s market-leading independent brokerages—we have access to a global network of more than 150,000 real estate professionals in more than 550 countries worldwide. And their luxury division, Luxury Portfolio International ® , attracts a global audience by marketing approximately 50,000 of the world’s most remarkable homes. Closer to home, our partnerships with Virginia Credit Union and Virginia Statewide Title Services, among others, offer you additional help as needed with everything from financing to closing documents and details. We have all the size you need to know any possible challenge can be met, while maintaining the strong one-to-one connections with your REALTOR ® that can only come from a company that has stood the test of time like Joyner Fine Properties.
Joyner Fine Properties is a member of Leading Real Estate Companies of the World®—giving us national and international exposure. We are part of the #1 network in the nation.
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The home-buying process at a glance.
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Talk With Your Joyner Agent The more we know from day one about your needs, preferences for location, price and other features you are looking for, the faster we can find them.
Negotiations When you are ready to make an offer, we will guide you through the process and manage negotiations based on our depth of experience. Inspection Period We will connect you with the finest resources to handle the property inspection, and will help you manage details with your financing partner. Finalize The Sale Our goal is to help ensure your closing is on time and hassle-free! Our trusted settlement partners will cover all the details, and we will congratulate you as we hand you the keys.
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Secure Financing Pre-approval from a financial professional helps set realistic goals and ensures a more successful buying process.
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Find Your Home Here’s where the fun begins! We will show you options and give you access to tools to explore and choose the finest properties on the market.
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WHAT DOES IT MEAN TO BE A LICENSED REALTOR®? Your Joyner Fine Properties REALTOR® is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics—which is based on professionalism, serving the interests of clients and protecting the public. Working with a REALTOR® mitigates your risk in the buying process.
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We’re here to ensure your home-buying experience never feels overwhelming.
Joyner Fine Properties has been one of the top real estate companies in Central Virginia for 50 years, so our agents know this market inside and out. As you begin to explore houses, we will support you with research and a well-trained eye for potential issues. Some homes have signs of problems you may not see—like structural issues, leaks or design choices that can cause problems for you in the future when it comes to resale. We’ve seen it all, and we’re there every step of the way to help you make an informed choice. When it comes time to make an offer, we’ll ensure you understand the home’s true value. Based on data and experience, we will know if the house you are considering is priced too high or too low, and will help you craft an offer that will make it stand out from other potential buyers.
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Buy confidently with a professional property inspection.
Through our extensive network of contacts, we can bring in experts on an as needed basis to help address issues such as: • Electrical • Plumbing • Mold • HVAC • Termites & Pests • Fireplace Chimneys & Flues • Irrigation Systems • Pools & Spas • Roofs
Once the seller has accepted our offer, we will help you arrange for a property inspection.
Inspectors will point out specific items that should be repaired or replaced prior to closing. They usually provide cost estimates for those repairs, which we will use to help negotiate with the seller to reduce your expenses and make sure your new home is in the finest shape.
• Structural Components • Wells / Septic Systems • Radon Gas
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Financing 101: A step-by-step guide.
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Choose Your Lender You can select your own financing partner, or we can put you directly in contact with our friendly lenders at Virginia Credit Union. Select The Type Of Mortgage Your mortgage loan officer will talk with you to learn about your individual situation and help you evaluate your options. You should consider getting pre-qualified for a set loan amount. A pre-qualification letter is an important tool that says to the seller you’re serious about your intent to buy. Apply For Your Loan You should apply as soon as you have a ratified sales contract. A loan estimate disclosure package will be sent to you containing important information and documents for you to review, sign and return to proceed with the processing of your mortgage. This includes your authorization to collect an application deposit that will be applied toward the cost of your loan.
Loan Processing Once your lender has your signed documents and application deposit to proceed, they will order an appraisal and preliminary title work for the property. Guiding you through this stage of the process will be your loan processor, who will work closely with your loan officer. Underwriting And Loan Decision The loan decision involves reviewing the property, your loan application information and documentation, the amount you are requesting and the specific loan program requirements based on your income, debts and assets. You will be notified of the decision as soon as it is available. Once final approval is given, your loan will be prepared for closing.
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Document Preparation And Loan Closing
Before your closing with a settlement agent or attorney, they will prepare and send you an initial closing disclosure for your review. This is a statement of loan terms and closing costs, which includes funds you will be receiving and those you may need to provide for closing. They will also prepare your loan documents and send them to the settlement agent/ attorney handling your closing.
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With your Joyner agent by your side, closing doesn’t have to be complicated.
AFTER THE CLOSING After the settlement, your
CLOSING DOCUMENTS • Closing disclosure.
CLOSING STEPS • Review and sign
settlement attorney or setlement agent will record the deed of trust at the local government clerk’s office. This is the legal transfer of the property and may take a day or two after closing to be completed. • Official ownership. After the transaction has been recorded, the settlement agent will wire the funds to those owed money from the sale. It is at this point you become the official owner of the home.
This includes an itemized listing of the final fees and other costs charged in connection with your loan. These numbers should correspond to the items listed on the loan estimate. • Note. This is the document you sign to agree to repay your mortgage. The note provides you with the details of your loan, including the interest rate and length of time to repay the loan. It also explains the penalties that you may incur if you fall behind in making your payments. • Deed of trust. This secures the note and gives the lender a legal claim against your property if you default on the note’s terms. The deed of trust restates the basic information contained in the note, as well as details your responsibilities as a borrower.
settlement papers. Your settlement attorney or settlement agent reviews the closing disclosures and other documents with you, answers any questions you may have and asks you to sign various documents. • Pay closing costs. If everyone agrees that the papers are in order, you or the seller submits a cashier’s check to the settlement agent to cover closing costs and your down payment, if applicable. • Wire funds. Some settlement attorneys or settlement agents request that funds be wired prior to the closing date. Be sure to ask in advance to verify the method of payment, to allow time for you to arrange a wire transfer if needed. • Receive keys.
You receive the keys to your new home. Congratulations!
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Time to start packing—your move-in date is fast approaching!
One Week Before Moving q Contact your moving company to confirm the reservation q Gather any important documents and pack them separately with you q Transfer prescriptions if necessary q Order checks with your new address q Send change of address notices to family and friends
Two Weeks Before Moving q Cancel utility services for the day after your move, or arrange for transfer of utilities to your new home q Purchase packing supplies such as: 4 Boxes 4 Tape 4 Packing paper 4 Bubble wrap q Create a master list of items to be packed q Consolidate unwanted items and consider donating them
One Month Before Moving q Change your mailing address with: 4 US Postal Service 4 IRS 4 Your insurers 4 Your bank 4 Any creditors q Line up services for the new home such as: 4 Internet/cable 4 Lawncare services 4 Home security q Hire a moving company q Transfer medical and school records
On Moving Day q Pack a small suitcase with a
change of clothes and toiletries
q Supervise the movers and confirm arrival time at your new home q Be waiting at the property to direct movers with items q Unpack and inspect any valuable fragile items for damage q Celebrate!
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The finest agents. The finest expertise. The finest service.
In addition to our home-buying services for helping you find the finest home in Richmond, Joyner Fine Properties offers the same level of expertise for: • Residential home sellers • Relocation services
• Commercial sales and leasing • Property management services
Learn more today by speaking with your agent, or visiting us at joynerfineproperties.com.
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Offices:
RICHMOND Hancock Village 14520 Hancock Village St. 2nd Floor Chesterfield, VA 23832 804-267-5478 Maple 319 Maple Ave. Richmond, VA 23226 804-270-9440 Midlothian 15764 WC Main St. Midlothian, VA 23113 804-270-9440 Reynolds Crossing 6641 West Broad St. Suite 101 Richmond, VA 23230 804-270-9440 West Broad 10136 West Broad St. Glen Allen, VA 23060 804-270-9440 Westhampton Commons 5820 Patterson Ave. Suite 201 Richmond, VA 23226 804-270-9440
FREDERICKSBURG Cosner East 4531 Spotsylvania Parkway Fredericksburg, VA 22408 540-376-6305
COMMERCIAL Joyner Commercial 6641 West Broad St. Suite 101 Richmond, VA 23230 804-270-9440
PROPERTY MANAGEMENT Joyner Property Management 6641 West Broad St. Suite 101 Richmond, VA 23230 804-270-9440
JFP07/23
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