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

8740 Plymouth Rd

Beautifully renovated 6 bed 5 bath craftsman in desirable Plymouth Haven. Upgrades galore: oak floors, bedroom/full bath on main, 6-burner range, granite counters, carrara backsplash, stainless appliances, large island, upgraded fixtures and lighting, built-ins throughout, mudroom, two fireplaces, 3 car garage- room for additional bed/bath, huge, private yard, outdoor patio and so much more! [Plymouth Haven - $1,399,900]

8420 Masters Ct

Buy the best location in sought after Riverside Gardens! Rarely available cul de sac is steps from pool and school. Completely remodeled with stylish gray cabinets, stainless appliances, and granite kitchen! Marble baths, and amazing backyard complete the picture. Rare kitchen bump out allows for both informal and formal eating spaces. Biking distance to GW Parkway, Old Town and Pentagon. [Riverside Gardens - $699,900]

8813 Fort Hunt Rd

Spacious five bedroom, 2.5 bath split level on over 1/2 acre in neighborhood of many $1-$2 million homes. Just off the GW Parkway, near Fort Hunt Park, in the popular Waynewood school district and close to Fort Hunt Park. Bonus -- large two car detached garage. Fenced yard, deck, rec room with FP, updated kitchen w/ stainless appliances , hardwood floorsl. [Plymouth Haven - $669,000]

8323 Woodacre St

OPEN 5/28, 2-4. Collingwood beauty! Truly move-in ready. Seller has done it all. Freshly painted, upgraded baths, custom chefs kitchen (with skylight), silestone countertops, custom built-ins, plantation shutters and so much more. Fully fenced back yard on a corner lot. Walk to Stratford Elementary or Carl Sandburg Middle School and simple commute options in all directions. Visit today! [Collingwood Springs - $600,000]

8504 Fort Hunt Rd

New Price! Former model home and priced $75K less than the last sale which had less sq ft and was more dated. Sought after Riverside Gardens has renovated kitchen and baths, Large lower level suite with at grade entry would be ideal for an in-law or au-pair. Fresh paint and move in ready. Hurry! [Riverside Gardens - $674,900]

903 Dewolfe Dr

Beautiful Colonial in perfect Waynewood location. Newly updated white kitchen featuring new SS appliances, granite counters, table space, 2 pantries & convenient side door entry. Spacious living rm opens to lovely screened-in porch & patio. Master suite w/ dual-entry BA & att. BR/office w balcony overlooking verdant backyard. Lg BRs, new flooring on main lvl, fresh paint, 1-car garage. [Waynewood - $849,000]

1806 Courtland Rd

OPEN HOUSE 5/28, 2-4pm. 2 levels, 3 baths, 4 bedrooms with open floor plan. Sunshine streams into the updated kitchen through wall of new windows. Enjoy the outdoors from private patio & deck overlooking lush gardens. Hardwoods, 2 fireplaces, updated baths, separate laundry room, garage. Entry level bedroom & full bath. Near shops, parks, restaurants, river, public transp. Waynewood School! [Hollindale - $639,900]

7924 New Market Rd

Beautifully maintained & updated Hollin Hall rambler - Waynewood school; 3 beds & 2 FULL baths on 1 level - no steps up to house! NEW tile floors in kitchen, NEW tankless water heater; Addition on back w/ laundry, fam rm & NEW bath; Newer roof ('13) w/warranty; Newer siding & windows ('13); 2 sheds with power & lights; newer composite deck ('14); Gorgeous, refinished hardwoods; Hurry! Open Sun 1-4 [Hollin Hall Village - $515,000]

8705 Mercedes Ct

Gorgeous home on cul de sac w/ upgrades galore! Stunning gourmet Kitchen w/ island opens to DR. Mn Level also has LR, Family Rm w/ FPL, Half Bath & Laundry/Mud Rm w/ door to 2-Car Garage. Enjoy 5 Large Bedrooms & 2 Remodeled Baths on Upper Level. Daylight Lower Level w/ Den, 3rd Bath & huge Rec Rm w/ wood stove & sliding door to patio & yard. Hardwoods on 2 Levels. Lush lawn & lovely landscaping. [Plantation Estates - $749,000]

8319 Midwood St

Beautifully renovated split level w/5 fin levels in 22308. 4BD,3 fully renovated BA. Stunning,bright and open floor plan w/ family addition,vaulted ceiling and expansive glass doors and windows.Landscaped fenced backyard with pergola and patio perfect for entertaining. View Tour for additional photos and property floorplan! [Collingwood Springs - $765,000]

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

 

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.