I met with a first-time buyer over the weekend. She was prequalified by her lender. Prequalifying helped frame her choices. It’s a waste of time and energy to look at homes that are outside of the budget, so prequalification is the first step for any home buyer. Here are the steps that we’ll be taking on the road to home ownership.3D Realty Handshake

  1. Tour properties — We took a top level tour of some of the properties that are in her
    budget. This gives the client something concrete and real to think about so that she can decide whether this home ownership thing is for her or not. In addition to the units we saw, I can think of a number of places that would also fall within this client’s budget and still offer a very reasonable commute to Ft. Belvoir. But I wanted to get her impressions of these places before going on a bit deeper.
  2. Revisiting — We’ll revisit those communities that hold the greatest interest and look at everything available in those communities.Ā  (So far we just did a top level search.)
    • A few more choices — If none of these really feel right, we’ll find a few more to consider and continue with the search.
  3. Make an offer — When we’ve found the property that stirs the soul, fits the budget and feels right, I’ll write up an offer. At that time I’ll collect “earnest money”.
    • The earnest money is evidence that the seller is serious about the purchase and is held in escrow until the sale is completed. We’ll submit a preapproval letter, a copy of the earnest money deposit and the signed offer for the seller to consider.
  4. Negotiations — Sometimes there is a difference between the asking price and the selling price. The selling price is determined by negotiation. We’ll pass drafts of the contract back and forth until the buyer and seller have agreed on all terms.
  5. Loan processing — Julie at Condominium Mortgage will then collect documentation from the client. This documentation will serve the purpose of proving the representations made in the loan application process. The buyer will produce pay stubs, bank statements etc. Julie will also order an appraisal as required by all lenders.
  6. Settlement — Settlement is the word used to describe the actual transfer of ownership. We’ll settle on the property in a timely fashion on an agreed upon date. Settlement will occur at a title company’s office and a settlement agent will ensure that funds are present as is marketable title.
  7. Ownership — Here’s where the fun begins … as does the responsibility of home ownership.

Properties in Fort Hunt

8207 Tis Well Dr

Outstanding townhouse, with open floor plan; updated and move-in ready!. Kitchen features beautiful cherry cabs , granite counters, and GE Advantium appliances. Updated baths, and huge deck off of LR. Finished Lower level with FP in Family Room, 4th bedroom or den, and sliding door to patio. Great location in community with ample parking outside your door, as well as two assigned spaces. [Huntington At Mt Vernon - $447,000]

7800 Lee Ave

Many have admired this home which has never been on the market. Current owners have lovingly expanded and updated. Pictures don't do justice. Open feel as dining room opens to sunroom/family room to screen porch & deck. 1st floor BR, bath & den. 4/5 BR. 2-car garage connected by covered stone walk. 6/10 acre corner lot a block from Parkway & bike trail. 5 miles from Old Town. Waynewood Elem. [Wellington - $1,195,000]

2008 Shenandoah Rd

Custom Built Home w over 3000 sf ABOVE GRADE. All the bells and whistles - 9 ft ceilings, recessed lighting, engineered hardwoods, quartzite counters, ALL NEW energy efficient windows, NEW lifetime architectural roof, custom built-ins, gorgeous designer bathrooms, generous closets, state of the art technology package, attached carport with entrance to mudroom. Front porch! [Hollin Hall Village - $899,000]

8707 Parry Ln

OPEN SUNDAY 1:00p-4:00p! You'll love the open floor plan and inviting kitchen with breakfast bar, stainless appliances, granite countertops and tall oak cabinetry. Upper level has three generous bedrooms and two baths. Step out onto the large screened in porch with fan to enjoy year round without bugs. Lower level boasts gas fireplace, laundry room and full daylight fourth bedroom and family room. [Stratford On the Potomac - $599,000]

1913 Westfield St

Stunning like new home just steps to GW Parkway! Large open floorplan boasts chefs kitchen, hardwood flooring and main level office. 4 upstairs bedrooms with 3 bathrooms. Lux master has his/her walk-in closets and sitting room and deck! Lux master bathroom has tub and shower. Low level has full bath and plenty of room for recreation room/5th bedroom. 2 car garage and minutes to Old Town and DC! [Sulgrave Village - $949,900]

8712 Waterford Rd

Beautiful open floorplan has tremendous light through Andersen 2 pane windows. Large master suite has walk-in closet, lux bath with soaking tub double vanities and stunning shower. Renovated kitchen and baths, new appliances, new AC, new roof, newer heating and tankless HWH. Just move in and enjoy! Steps from the Creek and short distance to GW Parkway and commuting. Carport too. [Stratford Landing - $639,900]

1135 Cameron Rd

Beautiful home on .58 acre park-like setting with gorgeous landscaping enjoyed from patios, wrap around deck and front porch. 3 level colonial with wonderful living spaces and light filled sunroom as well as a main level bedroom and full bath. Updates include new roof, gutters, new HVAC, water heater, to name a few. 2 car tandem garage with lots of storage. In desired Waynewood school district. [Wellington - $749,900]

2306 Creek Dr

Absolutely impeccable 4BR, 3.5BA on lovely Creek Drive! This spacious and sunlit home has formal LR and DR and open concept Kit w/ FR. French doors from FR lead out to gorgeous screened-in porch & flagstone patio. Beautifully landscaped and sizable backyard makes this house perfect for entertaining in or out! Roomy basement w/ full BA, bonus room, and laundry. 2- car garage! Immaculate! [Stratford Landing - $849,000]

827 Elaine Ct

Colonial on a quiet cul-de-sac is south of Old Town & steps from the Mt. Vernon bike path. Special features include a sunroom, family rm (or 5th br), eat-in kitchen, ample storage & 1-car garage. Well-maintained w/ substantial upgrades: replacement windows, roof in 2012, new cooktop & more! Refinished hardwoods on both levels & virtually staged for inspiration! Pool membership available. [Waynewood - $785,000]

1804 Stirrup Ln

Lovely updated home in sought-after Riverside Gardens! Wood floors welcome you in w/ an open & bright foyer. Updated & open kitchen w/ granite countertops, tall cabinets, wood floors. Backyard w/ large deck! Crown molding & wainscoting throughout. Lower level w/ 3 bedrooms, updated full bath w/ dual sinks, custom built-ins, finished laundry room, custom made 'locker room' area. Fenced yard! [Riverside Gardens - $765,000]

For more information or to set up an appointment call Stuart at (703)765-0300.


Stuart Nesbitt

View posts by Stuart Nesbitt
Stuart Nesbitt is a RealtorĀ® licensed in the Commonwealth of Virginia. His office is located in Fairfax County near the City of Alexandria in Belle Haven. He was born and raised in Northern Virginia and attended Fairfax County schools. Call him at any time to discuss your real estate needs.