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

1926 Elkin St

Gorgeous, custom home - one level living at it's finest! Large windows let in tons of natural light to show off gleaming hardwoods and freshly painted rooms. Enjoy the large eat-in kitchen, separate DR, LR and FR with high ceilings. French doors lead to expansive, new Trex deck perfect to entertain or relax. Ample closets & full, unfinished basement waiting for your creative interpretation. [Hunter Station - Stratford - $775,000]

905 Dewolfe Dr

Immaculate top-to-bottom renovation by esteemed local builder. Unique layout never before done in Waynewood! Open-concept kitchen/living/dining w/ gas fp, sliding doors to deck overlooking huge backyard. MBR wing+office & addt BR on main lvl. Spacious upper lvl w/ loft & 2 suites w/ full BA. Finished LL w/ rec rm, BR, full BA, walkout to slate patio. Oversized 2-car garage. Walk to school & pool! [Waynewood - $1,399,000]

1616 Sherwood Hall Ln

A perfect 10! U Must C this private retreat on .62 acre w/a Pinterest-ready fully renovated Chef's kitchen w/ top-of-the line finishes! 6 -burner Wolf gas range w/ custom hood, crisp white cabinetry, wine fridge, double pantry, eat-in island w/ prep sink, refinished hardwds, fireclay sink, task lights++. STUNNING Reno. MB & HB w/ marble, furniture-style vanities & heated flrs. Mins 2 everything! [Hollindale - $749,000]

7821 Candlewood Dr

Great location with gorgeous large lot (.40+acre). Open floor plan, Roof replaced in 2016, Beautiful Hardwoods in living/dining and all bedrooms. Family room in basement and huge storage area in laundry room. Easy access to Metro and GW Parkway and I95/I495. [Sherwood Hall - $495,000]

8419 Fort Hunt Rd

***JUST LISTED! - OPEN 2-4 SUN. 2/26 *** Striking curb appeal w/one of WAYNEWOOD's most desirable floor plans. Beautifully updated incl. COMPLETELY RENOVATED Kitchen & MBR Bath w/OPEN CONCEPT KITCHEN to DINING ROOM! 4-Fin.Lvls + BONUS WALK-UP ATTIC. Both Living Rm & Family Rm w/FPL. NEWER Roof, Windows, Shed, Refin. HDWD FLRS & MORE. Nicely Landscaped Yard w/extensive hardscape incl. 32X16 PATIO. [Waynewood - $699,500]

1509 Cool Spring Dr

Stunning transformation of a split foyer. FULLY RENOVATED. Stunning exposed beams and skylights offer tremendous light and high ceilings. Move in ready! Great for entertaining with open concept kitchen that opens to enormous NEW deck overlooking patio and back yard. 4 real bedrooms and 2 full baths, 2 family rooms, separate laundry room, house generator. HMS Home Warranty Included. [Collingwood Springs - $649,000]

8604 Waterford Rd

WOW! Large split with 2 car garage just steps to Little Hunting Creek. Kayak and converse with nature! Light filled and renovated home with modern flair. Expanded kitchen with granite offers tons of counters space and winter glimpses of the creek. Reconfigured master bedroom has en-suite bath with double sinks and huge double shower and creek views. Lower level recreation room and office too. [Stratford Landing - $689,900]

1611 Baltimore Rd

Sparkling 1 level home has been tastefully updated and is ready for you to move-in & enjoy convenient Hollin Hall Village. The sunny family rm addition w/half bath & laundry leads out to a private patio and fenced backyard w/great views. Easy access to GW Pkwy, Rt.1, Metro, Bike Trail, Ft. Belvoir & Pentagon. Desirable Waynewood Sch Dist. Just steps to the shopping ctr, restaurants & coffee shop. [Hollin Hall Village - $480,000]

1000 Herbert Springs Rd

2.15 Acre Estate w/ Guest House on Private Road Just South of Old Town! Stone main house has been expanded incl recent $700K North Wing addition. Lush grounds & heated pool. 7 FP's. Generous in/outdoor entertaining spaces. Guest house w/ 8100 E Boulevard Dr address (not noted in tax record). Zoned R2 w/ many possibilities. Herbert Springs is an idyllic section of George Washington's River Farm. [Herbert Springs - $4,750,000]

8811 Vernon View Dr

Remarkable deal in the heart of Fort Hunt! This home boasts a total of 2,049 sq ft, with wood flooring throughout! Owner made a lot of major renovations including: new siding/windows/gutters 2014, new HVAC/humidifier in 2015, main lvl bathroom renovation and more! This home just needs your finishing touches to make for a GREAT investment! Fully fenced yard and 1 car garage w/fantastic location! [Potomac Valley - $549,900]

Stuart NesbittAbout the Author ---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.