You’ve been prequalified … what now?

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

7820 Accotink Pl

Beautiful single family home offering one level living 9 miles from DC, 8 miles to Crystal City and lies just off the GW Parkway for easy access to either. The half acre lot is wooded and lies in the Tauxemont Community which consists of 100 homes, most a on a half acre or larger. The community was established in 1940 and lies in a mature wooded stand of tall trees. Sidewalks and streetlights are banned which gives the community the feel of a rural village set in a forest which encourages the residents to do a lot of walking. There is a shopping center within a 10 minute walk and in the opposite direction, there is the GW Parkway bike trail which connects to bike trails throughout the DC area. One can even bike to Dulles airport from the front door. The community has its own water system which produces soft water and adds no chemicals to the water. It is fresh, chemical free water delivered to each house via the community water system. The annual payment of $500 includes the unmetered water and the fees to maintain the community.The current owner has completed many upgrades. The master bath is honey onyx, has a heated floor, glass shower with an integral steam shower, Brondell toilet seat bidet and all Grohe plumbing. The ceiling has a patterned PVC which will never need painting, and dentil crown molding. The master bedroom has a sun-room with electric shades and a beautiful two panel custom quarry tile floor. Most of the hardwood floors have been recently refinished and much of the interior has been freshly painted. A Nest thermostat was recently installed. Many of the lights in the house are controlled by motion sensors. The living room has a large skylight and has a faux tin ceiling. The wood burning fireplace is original to the living room and is an ingenious design with integral air chambers which greatly enhance the heating efficiency. The kitchen has solid maple fronts, kitchen-aid gas cook-top and dish washer. The refrigerator is a Samsung 3 compartment refrigerator. The ceiling is a genuine tin ceiling from W. F. Norman Company which has been making them since 1898. Off the kitchen is a 16 x 24 deck with a hard top (metal) which is perfect for a quiet breakfast or entertaining friends or family. The deck rests on concrete piers and was designed to be able to support a two story addition should one be needed.The property has two single bay garages--one at the north end and one at the south end. Both have garage door openers. The south garage has the feature to enable the owner to park the car and walk into the house with no steps. This is a unique property. [Tauxemont - $750,000]

8900 Battery Rd

Welcome to 8900 Battery Road in beautiful Potomac Valley River Bend nestled in the heart of Fort Hunt. This is a peaceful close-knit community with lovely mature trees. This sun-drenched five-bedroom, 3 full baths, home has been beautifully updated and boasts a perfect and versatile floor plan and flow. As you enter the residence via a gracious foyer (with secret storage), note the cozy family room, entry level bedroom and full updated bathroom. There is access to the lovely backyard as well. Walk up one level and relish the open kitchen with custom cabinetry, new stainless-steel appliances and Silestone countertops. This level features beautiful natural light, a dining room and a living room, all with gleaming hardwoods.The bedroom level features three amply sized bedrooms, all with hardwoods, including an update full hall bathroom and a full en-suite master bath. The lower level has an additional bedroom, another family room and a separate laundry room.This home has been lovingly maintained, features newer windows, newer hardiplank siding, new light fixtures, an updated electrical panel, a new sewer line, new ceiling fans and a freshly painted interior.Fort Hunt vibes like a small community with sidewalks and amazing proximity to the Potomac River, George Washington Parkway, Mount Vernon Estate and Fort Hunt Park. Many residents take advantage of bike commuting and the 11Y express bus to Old Town and the District. Enjoy a scenic commute on the beautiful GW Parkway to Fort Belvoir, The Pentagon, Old Town, The District, or beyond.Welcome home! [Potomac Valley - $599,000]

1603 Revere Dr

Act quickly to customize your finishes! New construction in the coveted Waynewood elementary school district. Purchase now and make your interior selections for the finished home. Enjoy living in the quaint village of Hollin Hall...walk to shops and restaurants, minutes from GW Parkway & Old Town! [Hollin Hall Village - $879,000]

1804 Whiteoaks Dr

Classic exterior with truly stunning open interior combined with gorgeous elevated 3/4 acre wooded setting just minutes from Old Town. One of the most unique and exciting opportunities in recent years! Special features include: Chef's kitchen with custom cabinetry and top of the line appliances including "Viking" cook top, gorgeous refinished hardwoods, expanded family room and main level Master suite lead to truly spectacular solarium with custom endless lap pool. Expansive glass doors from family room and pool area open to massive stone patio creating exceptional flow for indoor/outdoor entertaining. 3 Main level bedrooms and upper level private suite, basement with gas fireplace and bar. 2 car garage & gravel circle drive provides ample parking. This special property with its spa like private environment is more than just a residence. This home provides a complete lifestyle experience! [Hollindale - $949,900]

8710 Camden St

A nature lover's paradise on a gorgeous private lot close to GW Parkway offering miles of hiking/biking and walking trails along the Potomac river near Mount Vernon just minutes to Ft. Belvoir, Reagan Nat'l Airport, Old Town, Washington, D.C. and National Harbor. One Year Home Warranty. No HOA. *Notes: Partially renovated with over $30k in recent updates in addition to new Roof 2017, A/C 2014, brand new Quartz ctops, Samsung SS Refrigerator 2019, Samsung SS Induction Range 2017, Bosch SS DW 2016, Sump Pump 2015, 50-Gal Hot Water Heater 2014, EZ Breathe Ventilation System 2012, recessed LED lighting, refinished HW floors, fresh interior/exterior paint and much more! [Stratford Landing - $650,000]

1915 Sword Ln

Dare to Compare this Beautiful Center Hall Colonial in Stratford on the Potomac. Walk (one block) to Ft. Hunt Elementary. Light and Bright throughout. Formal Living and Dining Rooms. Remodeled Kitchen with Custom Breakfast Bar/Computer Desk area - access to Rear Deck. Cozy Family Room features raised-hearth brick fireplace with gas logs and custom mantel flanked by matching custom built-ins. Direct access to Deck at Rear. Upper Level features Four Bedrooms. The Master features Walk-In Closet and Dressing/Vanity area with granite counter. The Basement Recreation Room is huge and walks out to a large concrete patio with swing. A second slate patio assures an abundance of outdoor entertaining area. An historically protected common area at the rear of this lot is maintained by the HOA and guarantees continued privacy for the Owners. The carport provides storage at the rear and a maintenance-free concrete driveway was added by this Owner. All windows and doors have been replaced along with a new roof and HVAC. A complete list of upgrades are provided in the property brochure. All documents may be obtained from MLS. [Stratford On the Potomac - $724,900]

8508 Doter Dr

==> PRICE REDUCED!!! OPEN SUNDAY 2-4p 10/13!! Not to be missed property on one of the quietest streets in sought after Waynewood. Just a couple blocks from the GW Parkway easy stroll from the bike path, the river, or whatever Sun filled activity you love. Only minutes from Old Town, Mt. Vernon Plantation or historic Fort Hunt Park. This highly desirable home puts you right next to everything while still being secluded in your own lovely neighborhood. Pull into your over-sized brick driveway and enjoy mature trees. Plantings including a beautiful Cherry tree blossoming in your own front yard. 2 tier brick patio and swing in backyard. Inside find great entertaining space. The eat-in kitchen boasts upgraded cabinetry, quartz counters, and a 5 burner Jenn-Air cooktop for the chef in the family. The lower level bath is fully remodeled including custom glass shower door. The family room has built-in cabinetry, brand new hardwood flooring, and custom columns. Just off the living area is a main level bedroom which could also serve as the perfect home office or in-law suite. On the upper levels all of the hardwood flooring has been refinished. The living room offers a fireplace and beautiful french doors. Upstairs 3 bedrooms and your dream bath with over-sized steam shower including custom glass enclosure, two person jetted tub, dual-sinks, marble counter tops and tub surround. This will not last long so please do not miss out on this beautiful home! [Waynewood - $721,000]

1101 Woodcliff Dr

Nestled on a spacious half-acre in sought-after Wellington Heights, this charming cottage has room for everyone. The main portion of the home features 3 bedrooms/3 full baths, while the large addition offers a luxurious in-law/nanny suite/owner's retreat. Spend relaxing weekends in the private rear yard with in-ground pool. Or enjoy a game of pool (billiards) in the lower level game/rec room. A wood burning fireplace in the living room and wood stove insert in the rec room will take the chill of the crisp fall evenings. Enjoy Waynewood Elementary School district and all that the Fort Hunt Community has to offer. Located close to the George Washington parkway and bike path . . . bike to work at The Pentagon, the District, Old Town, or Fort Belvoir! (Floor plans and 3D tour coming next week.) [Wellington Heights - $1,130,000]

8716 Linton Ln

Beautifully updated 3 level brick front colonial with 4 large bedrooms and 3 full and 1 half baths. Formal dining room, plus living room and family room with wood burning fireplace and new sliding glass doors to deck, perfect for entertaining. Stunning expanded master bath renovation with double vanity, frameless glass shower, and custom tile, plus walk-in closet. Lower level is bright with walk out to patio and yard, large recreation room with space to spread out plus full bath with shower. Brand new roof, double pane windows and sliding glass doors. Wonderful location, one block from Ft Hunt Elementary School. [Stratford On the Potomac - $724,900]

8807 Teresa Ann Ct

This splendidly updated 3,000 Sq Ft home, located in the Fort Hunt neighborhood of Alexandria, VA, is sitting on a beautifully landscaped lot, and it is ready for your move-in. The split-level style offers comfortable and spacious living on two levels, with plenty of daylight in almost every room. This gem is shining of home-owners pride. Updates have been done regularly, many in the past few years. It has fresh paint and new quality carpets. All bathrooms were updated in 2016. The kitchen has high-end cabinets and appliances and space for a table. Enjoy the outdoors on the deck that has a beautiful pergola made for climbing vines, or among all the plants in the private backyard. The water irrigation system makes it easy to care for landscaping and lawn. All public schools are close-by, with Fort Hunt ES 0.2 miles, Sandburg MS 1 mile, and West Potomac HS 4.6 miles away. The location is offering a quite, country-like living, not far from our Nation's Capital, with several parks and the Potomac River within a five minutes drive. It's only 2.3 miles to George Wahington's Mount Vernon. Ronald Reagan National Airport and The National Mall lays 10 and 14 miles to the north. There are many shopping malls, both small and large in the vicinity. [Fort Hunt Estates - $746,500]

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.