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

1102 Croton Dr

Home for the Holidays! Beautiful remodel with contemporary flair. Sought after Mayfield model with open main level, white cabinets, granite counters. Lower level has new carpet, recessed lighting & separate full bath. 4 upper bedrooms with 2 renovated baths and walk up attic. Carport, large shed & beautiful paver patio accents level yard. Close to the pool, school, GW Parkway and Old Town!. [Waynewood - $799,900]

2004 Jamestown Rd

This one has it all - spacious master suite addition, finished basement, high-end kitchen with skylights open to dining and lots of storage. Great yard too. Plus it's nestled into convenient, close-in Hollin Hall Village in the Waynewood School District with shopping, pool & park just blocks away. Commuting is a breeze w/easy access to Huntington Metro, bus routes, bike trail, Rt 1 and GW Parkway. [Hollin Hall Village - $619,000]

8830 Camfield Dr

4 BR, 3 BA renovated home with sun room in back, large fenced yard, carport, and shed. Refinished hardwood floors on main and upper levels with new carpet downstairs. Located in a great Mt Vernon neighborhood, on one of George Washington's original farms, just off the G.W. Parkway, bike path & jogging trail along the Potomac River. Easy commute to Old Town Alexandria, DC, Pentagon, & Ft Belvoir. [Potomac Valley - $579,500]

2400 Brentwood Pl

Priced to sell! Unique contemporary rambler on private wooded cul-de-sac. Home has been renovated 8 ft custom interior doors add a designer wow! Spacious eat-in kitchen has quartz counters,stainless appliances, gas cooking, 42" cabinets.Bamboo flooring, new double-pane windows, and roof. New driveway. Neutral paint. Gas heat/hotwater/cooking. Convenient South Alexandria location. 2 huge decks. [Hollin Hills - $699,900]

8111 Wellington Rd

Last remaining of 3 spectacular new builds in Waynewood Elem. district! Open floor plan, 10' ceilings, fine craftsmanship by premier local builder w/ custom kitchen & BAs by local designer. Combined kitchen & family w/ island, quartzite counters, pantry & wet bar. MBR ft 2 walk-in closets, gas fp & luxurious BA. Solid oak floors. LL rec rm & guest suite. Large deck & 1-car garage. LAST AVAILABLE! [Wellington Estates - $924,900]

8745 Plymouth Rd

Great opportunity in highly desired Plymouth Haven neighborhood! Classic Cape character on gorgeous large lot in neighborhood full of $1.5mil+ properties! Home has been expanded and renovated and is ready for your finishing touches. Features include stunning family room and master bedroom addition, "Marvin" windows, sun room/office. Rare opportunity to get into Plymouth Haven for under $1 Million! [Plymouth Haven - $829,000]

8807 Battery Rd

Substantially updated home on gorgeous fenced lot backing to wooded grounds on Ft. Hunt Park! Home features: open floor plan with custom kitchen that rivals those in million dollar homes, new HVAC system, thermal windows, hardwood floors, large deck with gas grill hook up & hot tub which overlooks private yard and parkland. Best value under $600k in Fort Hunt area! [Potomac Valley - $589,000]

7918 Wellington Rd

A Hollin Hall Classic like no other! One lvl living at its finest. 2015 - Complete Remodel, soothing colors, lighting, smartly designed space. Many luxury upgrades: New floor plan, heated bath floors, cove ceiling lights, new insulation, plumbing, HVAC, electrical, roof, deck, windows, almost new home! Owned by custom builder & realtor no corners were cut here. LED lights thru-out. Owner is Agent [Hollin Hall Village - $579,900]

8723 Bluedale St

HUGE PRICE REDUCTION!! MOTIVATED SELLER! Fresh paint and gleaming hardwoods. Kitchen and baths updated. Large spacious rooms. Lovely lower level includes large recreation room, storage and half bath. Enjoy your morning coffee on your private deck backing to the woods! MEMBERSHIP IN STRATFORD RECREATION ASSOCIATION available. [Stratford Landing - $572,000]

2004 Cool Spring Dr

WONDERFUL Home in SUPER Location * UPGRADES from Top to Bottom * OPEN CUSTOM Design is Great for Entertaining * REMODELED Kitchen has Granite, Stainless & HUGE Island * RENOVATED Baths w/Stone Tile * Gas FPL, Built-ins, Hardwoods & MORE * UPDATED Roof, Windows & Siding * Plenty of Attic Storage * FABULOUS Rear Oasis boasts In-Ground Pool, Hot Tub, Slate Patio & Custom Shed w/Covered Grilling Area [Collingwood Springs - $599,900]

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.