Barbara  Reagan

Barbara Reagan

Real Estate Advisor

License #: 0225040787

Long & Foster Real Estate

Mobile:
804-566-0781
Office:
804-794-9650
Email Me

Barbara Reagan's blog

Should You Sell Your Home Or Rent It Out? Questions Every Homeowner Over 55 Should Ask!

If you're over 55 and wondering whether to sell your home or keep it as a rental, you're far from alone. This is one of the biggest financial decisions many homeowners face — and the right answer isn't the same for everyone.

Below are five questions that can help you figure out which path makes the most sense for your finances, your lifestyle, and your future.  Watch my video here to find out more!

1. Do You Want to Be a Landlord?

Rental income sounds appealing, but it comes with real responsibilities:

  • Fielding maintenance requests
  • Screening and finding quality...

Letting Go and Looking Forward: The Emotional Side of Downsizing Your Family Home

If you've lived in your home for twenty, thirty years, or more, you already know something that no real estate listing can capture: this isn't just a house. It's where you brought your children home for the first time. It's the kitchen where birthdays were celebrated year after year. It's the backyard where someone learned to ride a bike, the dining room where holidays gathered the whole family, maybe even a doorframe somewhere with pencil marks tracking how much everyone grew.

So when the topic of downsizing comes up, it's no surprise that the conversation isn't really about square...

Stay, Downsize or 55+? How Empty Nesters Can Choose The Right Next Move

The house is quieter now. The bedrooms that once barely contained the chaos of a growing family sit still. And at some point — maybe over your morning coffee, maybe during a long weekend at home — the question surfaces:

What do we do now?

If you're an empty nester weighing your housing options, you're far from alone. It's one of the most common crossroads people face in their mid-50s and 60s, and it's one of the most consequential. Get it right and this next chapter can feel like a genuine fresh start. Get it wrong and you may find yourself moving again sooner than you'd...

Thinking About Downsizing? Here's Your 7-Step Guide To Making It Work!

Downsizing doesn't have to be overwhelming. Whether you're months away or just starting to think about it, these seven steps will help you move forward with confidence — and on your own terms.

If you're standing in a home full of memories and wondering what the next chapter looks like, you're in good company. Downsizing is one of the most significant decisions many of us will ever make — and it can feel completely overwhelming before you even know where to begin.

The good news? You don't have to figure it out all at once. With the right steps and a little bit of planning, this...

The 5 Biggest Mistakes First-Time Home Sellers Make (And How to Avoid Every One of Them)

After three decades of helping Richmond families buy and sell homes, I've seen it all. The sellers who walked away with multiple offers over asking price. And the ones who left thousands of dollars on the table — not because the market was bad, but because of avoidable mistakes made before the first showing.  

If you're preparing to sell your home for the first time, this guide is for you. These aren't abstract warnings — they're patterns I've watched repeat themselves across hundreds of transactions right here in the Richmond area. Know them before you list, and you'll be miles ahead...

What Should I Look For When Touring Houses?

A First Time Home Buyer's Guide In Richmond, VA

Touring homes is one of the most exciging parts of the home buying journey - especially if it's your first time.  It's easy to get caught up in beautiful staging, fresh paint, or that "this feels like home" moment.  But as a smart buyer in the Richmond market, you want to look beyond the surface and make confident, informed decisions.

Here's a friendly, professional guide to help you know exactly what to look for when touring a home.

First Time Home Sellers Guide To Selling Your Richmond VA Home (2026)

The First-Time Seller's Guide To Selling Your Richmond VA Home (2026)

Selling your home for the first time can feel like stepping into the unknown.  If you're in Richmond, the good news is that you're in a market with steady demand, diverse neighborhoods, and a mix of buyers - from first timers to relocators!  Still, a successful sale takes more than just putting a sign in the yard.  Here's how to approach it with clarity and confidence.

1.  Understand the Richmond Market First

Before you list, take a step back and understand what's happening locally.  Different parts of...

How Much House Can I Really Afford???

How Much House Can I Really Afford?

One of the first—and most important—questions I get from home buyers is: “How much house can I actually afford?”

It’s a great question, and the answer goes beyond just what a lender says you qualify for.

What Lenders Look At

When you get pre-approved for a mortgage, lenders focus on a few key factors:

  • Your income
  • Your credit score
  • Your existing debt
  • Your down payment

They use this information to determine your borrowing limit. But here’s the catch: that number is often the maximum you can borrow—not necessarily what you...

Richmond Virginia March 2026 Real Estate Market Stats

The Richmond metro real estate market—including Henrico, Hanover, Chesterfield, and the City of Richmond—showed a dynamic mix of trends in March 2026 compared to March 2025. While home prices across the region generally remained strong or continued to rise, inventory levels tightened in several areas, and buyer activity stayed active despite some shifts in pace. We’re seeing a market that is still competitive, with steady demand and evolving conditions depending on the locality. Some areas experienced quicker sales and increased contracts, while others showed slightly longer days on...

Selling Your Home - Step 17 - Closing Day!

Your attorney will have reviewed the settlement statement as well as the other documents prior to the closing day - and you, the seller, attend the closing on your behalf and make sure everything goes smoothly.  Once the buyer's side has closed, the buyer's attorney will record the deed at the courthouse (normally the next business day) and then will disburse funds. However, the buyer will have possession of the property once they have signed all documents and prior to the deed being recorded at the courthouse.

The buyer's attorney will arrange for the mortgages to be paid off and...

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