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

2120 Rampart Dr

Completely renovated, done to the 9's! Brand new granite counter tops, SS appliances, hardwood floors, and carpet throughout. An additional bedroom and half bathroom have been thoughtfully incorporated into almost 3500 finished sqft! Amenities include dual zone HVAC, great room with 12ft ceilings, HUGE master BR walk-in, 2 fireplaces, brick patio, and efficient LED lighting and hot water heater. [Riverside - $849,900]

2115 Sherwood Hall Ln

Gorgeous center hall colonial with gleaming hardwoods Formal DR and LR w/ wood FP, cozy family room w/ gas fireplace and built-ins. Renovated opened up kitchen w/ all the bells and whistles & adjoining breakfast room/den overlooking a flat fenced in yard & covered patio. Large master suite w/ double vanity, laundry in walk in closet & attic storage. Bonus room for den/office, walk to library. [Hollin Brook Park - $599,000]

8719 Highgate Rd

Spacious 5 bedroom colonial one block from the water and two blocks to the pool! Large kitchen with bright breakfast area & bay window, looking out over the expansive and lush grounds. Large dining or family room w/ tons of built-ins and gas fireplace. HUGE master suite, CAL King no problem! Updated master bath w/ heated floors! Bonus finished basement for exercise, sports or family room. [Stratford Landing - $719,900]

8420 Crown Pl

Waynewood home remodeled to perfection! Beautiful 4 BD, 3.5 BA home with eat-in kitchen w/granite and SS appl. You'll swoon at the spacious main level addition, inviting porch, deck & cozy fireplace. You'll flip at the kid-centric rec-room, laundry and tons of storage. You will love the master bedroom and luxurious master bath! Short walk to school and lots more. [Waynewood - $819,000]

9020 Stratford Ln

Mt. Vernon treasure right out of a magazine! Timber frame Dutch colonial, steps to bike path and Potomac River. Alexandria gem with upgraded cedar roof and siding, Hardie-Plank trim, gutters, and windows. Soaring ceilings in bedrooms, cozy den built with in bookshelves, living room fireplace, pine floors, attached garage/workshop. MUST SEE. This home offers character, quality, location and value. [Stratford Landing - $679,000]

9020 Charles Augustine Dr

All brick, w/ mansard roof. 3,000+ sqft w/ formal foyer, huge liv rm, dining rm, main lvl bdrm can be great ofc, eat-in kitchen, family rm, master bath, all bdrms very large, finished basement w/ bonus rm & bdrm, plus1/2 bath, plumbed for shower. Lg laundry rm, rear load 2 car garage, 1/2 acre lvl lot. Hardwood flrs throughout. Shown by appt until OPEN HOUSE SUN 6/24 2-4 PM / ESTATE "AS-IS" SALE [River Bend Estates - $737,000]

1702 Elkin St

5 bedroom 4.5 baths in Alexandria, No HOA [Fort Hunt Manor - $865,000]

2602 Turbridge Ln

Waterfront lifestyle! Beautiful 5 bed/3.5 bath home conveys with a waterfront parcel on Little Hunting Creek! .65 total acreage. Gleaming hardwoods,updated kitchen & baths,2 car garage. Perfectly sited to capture water views on 3 sides! Multiple decks/hot tub! Unique floor plan includes:Au Pair/In-law suite/home office space.En-suite master w/sitting room. Close to Belvoir, Pentagon,Old Town, DC! [Stratford Landing - $924,900]

901 Neal Dr

Wonderfully remodeled 4 bed main level, 2 full bath raised rambler in sought after Waynewood School District! Massive new high end kitchen w/perfect room for entertaining, cooking & being the heart of your home. Home has 2 wood burning fireplaces, finished basement w/2 addt'l bedrooms (NTC), perfect for au pair suite. Large recreation room and full bath with walk out access to large flat backyard! [Collingwood On Potomac - $749,000]

1910 Cool Spring Dr

Welcome to the Coolingwood Springs,this beautiful move in ready split foyer house has renovated in 2018 inside and out.Freshly new painted inside of the entire house,new kitchen granite counter top and back splash with open space,refreshed the hard wood floors,new deck and much more! [Collingwood Springs - $585,000]

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 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.