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.  (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

2407 Wittington Blvd

******MOTIVATED SELLER**** Great one level GEM 3 bedrooms 2 bathrooms just steps away from MT. Vernon, and Little Hunting Creek. Fenced in yard that backs to community amenities. The lot is 0.26 acres right off of the Mount Vernon Memorial Highway. 5 minutes to FT. Belvoir, Minutes to Old Town, and 20 minutes away from Ronald Reagan National Airport. Very convenient location. [Stratford Landing - $566,225]

1501 Dade Ln

Beautiful custom home, quality craftsmanship sited on private .51 ac. landscaped yard! Gleaming wood floors, 9' ceilings, open floorplan features light filled rooms, gourmet kitchen, main lvl den/guest bdrm, family rm w built-in, gas fireplace. Spacious master bdrm, tray ceilings, walk-in closets, sparkling baths! Whole house generator and sprinkler system. Basement plumbed for bath, 2 car garage! [Rt and Bd Wood Plc A - $869,000]

1801 Collingwood Rd

HOUSE AND GARAGE COMPLETELY "AS IS" VALUE IN THE LAND. ZONED R-3 - 1.85 acresDIVISION POTENTIAL 3 + SINGLE FAMILY HOMES. WOODED, LEVEL BUILDING LOT. PUBLIC WATER AND SEWER. PLEASE CALL OR TEXT LISTER TO VIEW HOME. CLOSE TO GW PARKWAY, OLD TOWN, DC, NATIONAL AIRPORT, 495 and 95. [Collingwood - $1,500,000]

8419 Doyle Dr

Expanded and improved - Salem 2.0 w/5 bedrooms and 4.5 baths, beautifully designed open floor plan with amazing Gourmet Kitchen is perfect for entertaining. Large Master Suite with Luxury Spa Bath - other amenities include Hardwood Floors, all new SS Appliances, New Roofing and Hardiplank Siding, Mature Landscaping w/fenced in backyard. Minutes from Old Town, DC and Fort Belvoir. [Waynewood - $1,099,000]

8813 Fort Hunt Rd

Spacious 5 BR, 2.5 bath split level on over 1/2 acre in neighborhood of many $1-$2 million homes. Just off the GW Parkway, on QUIET end near Fort Hunt Park, in the popular Waynewood school district. Fenced yard, deck, RR with gas FP, updated kitchen w/ stainless appliances, hardwood floors. Oversized two car garage with work bench and shelving. Open 10/15, 1-4 pm. [Plymouth Haven - $615,000]

8133 Stacey Rd

Newly completed remodel & expansion brought to you by a premier local builder! Waynewood Elem. 3 finished lvls, open floor plan, hardwood floors, stunning white & gray eat-in kitchen, main & upper-lvl master suites, lg deck offering views of tranquil greenery, 3 upper-lvl BRs, gorgeous BAs, inviting front porch, 1-car carport, quiet & peaceful, everything's new. Close to Fort Hunt Rd & GW Parkway. [Tinkle A H - $814,000]

1304 Croton Dr

You'll feel right at home the minute you walk in! Nice 3 bed 2 bath split level home on large corner lot in popular Waynewood! Hardwoods. Updates include: electrical system, roof (17), fence (15), and hot water heater. Fenced yard w/large shed & Trex deck. Easy commute to Old Town, DC, Fort Belvoir via George Washington Parkway. Friendly neighborhood close to Waynewood School, pool & playground. [Waynewood - $565,000]

2763 Carter Farm Ct

OPEN SUNDAY-10/22-**2-4**Look at me now! I've had a Make-Over & I look fabulous. BRICK 3 lvl TH w3/4Bd, 2F-2H ba.Huge Mst Suite,Spacious Fam Rm w/FP & Wet Bar. Sun-filled Brkfst Rm leads to Nice tree shaded Deck. Office on Lower lvl.Close to GW PKWY, nice commute to Alex, DC or Ft Belvoir via GW Pkwy or Walk to Mt Vernon Hospital-Comm POOL,TENNIS,TRAILS, PLAYGROUND.Great Schools! 2 parking slots. [Huntington At Mt Vernon - $425,000]

8707 Eaglebrook Ct

Beautiful Waynewood home for all seasons.Lg wooded lot backs to parkland offering Fall colors, privacy & Winter River views. This stately custom built Dutch colonial w/ 5971 SF located in a cul-de-sac is walking distance to a highly rated elementary school in a wonderful &vibrant community. Refinished hardwood floors on 2 levels, 3 FP, 2 sunroom additions, back up generator & 2 car garage....... [Waynewood - $949,000]

2620 Stirrup Ln

Fantastic expanded 5bdrm/3full bath, wooded lot backs to parkland. New kit, breakfast area & sep din rm, ss appliances, new cabinets & granite. 3 renovated baths. New paint & refinished hdwds throughout. Perfect pk views from Deck, Patio & Sun Rm w/gas FP, Main lvl MBR suite, Lower lvl Fam Rm w/FP w/ walk-out Patio. Huge utility rm & walk-in attic, 3 blk walk to elem school. OPEN SUN 10/15 2-4pm [Stratford On the Potomac - $675,000]

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 Realtor® 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.