The hardest part is over: You’ve found the perfect home in Arlington, negotiated a deal you can live with, and secured a mortgage– and now, you’re in the home stretch of the home-buying process. Just one more critical hurdle lies on your way; the home closing.
Also known as “escrow” or “settlement”, this is a day when all involved parties meet to make the transaction official. To make sure that you’re fully prepared here’s a step by step guide showing you what to expect from the closing process.
Step 1: How to prepare for a closing
- Review your closing disclosure form–One of the best ways to prepare for closing is to thoroughly review your HUD-1 settlement statement. This settlement statement outlines your exact mortgage payments, a loan’s term (i.e interest rate and term), and additional fees you’re expected to pay, called closing costs (which total anywhere from 2% to 7% of your home’s price). Compare your HUD-1 to the good-faith estimate that your lender gave you at the outset and make sure they’re the same. If there are any discrepancies, ask your lender to explain.
- Do a final walk-through– A buyer’s contract usually allows a final walk-through 24 hours before closing. The first thing to do is to ensure that the previous owner has vacated (unless you’ve made a rent-back arrangement allowing them to stick around for a while). You also have to make sure that the house is in good condition as agreed upon in the contract. If you’d done a home inspection that revealed problems which the seller agreed to fix, ensure that those repairs were made. If you find some new problems during the walk-through, bring it up with the sellers immediately. There’s no need to panic, the worst that can happen is to delay the closing until you resolve it.
Step 2: What to bring to closing
- Your paperwork– These include proof of homeowners’ insurance, a copy of your contract with the seller, your home inspection reports, anything the bank requires to approve your loan, and a government-issued photo ID. If you’re newlyweds and just changed your name, note that your ID needs to match the name that will appear on the property’s title and mortgage.
- Down payment– Your disclosure form will tell you exactly how much you’ll need to have for a down payment and closing cost. But since a personal check isn’t allowed, be sure to ask before closing whether you should wire transfer those funds or bring a cashier’s check. You can also bring your checkbook to pay any small expenses that may crop up.
Step 3: What to expect at closing
- A bunch of people– There will be the home seller, the sellers real estate agent and your own, buyer and sellers attorneys, a representative from a title company, and occasionally, a representative from the bank or lender where you got your loan.
- Title clearance– Before you can own or “take title” to a home, most lenders require a title search of public property records to ensure there are no liens or issues with transferring the property into your name (which is rare, but if something does crop up, its good to know in advance).
- A few curveballs– Be prepared for some things to go awry at the closing. Someone might get stuck in traffic, a document may be missing, a name misspelled, etc. But don’t stress, just do what’s in your power to make the day go off without a hitch.
- Signing your name a lot– Be prepared to sign a pile of legal papers and a mild hand cramp if you’re not used to writing in cursive.
If all goes well (as it usually does), you’ll go home with a stack of documents (which you should save) and the keys to your new home in Arlington (finally!).
Properties in Arlington County
4 beds, 3 full baths, 2,446 sqft living area
Fabulously located home in the heart of Arlington on a larger lot, this brick home has four bedrooms and three full bathrooms. Newly renovated kitchen with newer appliances. Family room has a full brick hearth fireplace. Hardwood floors throughout with new carpeting and fresh paint. This lovely home boasts a professionally landscaped outdoor living oasis which includes a heated pool with attached jacuzzi, lighted garden fountain, multi-level patios and an elevated/covered deck area as well. Your own private paradise in the backyard! Located near desirable school, parks, shopping and major transportation areas.
2 beds, 2 full, 1 half baths, 1,312 sqft living area
IT'S READY -- beautifully remodeled townhome in the private enclave of Concord Mews in Shirlington area!!! .Freshly painted throughout. Fantastic new plank flooring throughout most of this house. Bedrooms and stairwell have beautiful new carpeting and ensuite bathrooms are completed remodeled and have ceramic tile. New interior doors and new lighting throughout. Recently updated powder room and kitchen with granite countertops and stainless appliances. The deck/balcony overlooks trees -- perfect for relaxing. Excellent storage. Moments to Shirlington Village, walking and bike path, W&OD Regional Park. Bus stop at entrance to community. Easy access to 395, Pentagon, new Amazon Headquarters (Crystal City/National Landing), Reagan National Airport, Old Town Alexandria -- easy to get anywhere!
3 beds, 2 full, 1 half baths, 2,184 sqft living area
**3D VIRTUAL TOUR- http://my.matterport.com/show/?m=EKvBnyi9FSo **Welcome Home to this Convenient 3bd/2.5ba Cape Cod with a garage located walking distance to Ballston in the lovely Waycroft neighborhood of North Arlington. Pride of ownership is apparent here with numerous updates and upgrades throughout! Beautiful Kitchen with high-end stainless steel appliances and granite opens up to a beautiful Trex deck surrounded by privacy trees. The Living Room has the perfect space to gather and leads into a light-filled sun porch. The Lower Level has a Bedroom, Full Bathroom, Laundry Room and Walk-out to a fully fenced yard with extensive landscaping and a stone patio. Updates include a New Roof, New Electrical Panel, New Windows, New Boiler, Newer Hardiplank Siding and Trim/Gutters and MORE! This one is a MUST SEE! Offers, if any, due Monday 3pm.
4 beds, 3 full baths, 2,310 sqft living area
Great opportunity to own a spacious Colonial in the heart of Lyon Park. This turn key home has been completely renovated top to bottom, with all the amenities. BRAND NEW Roof, HVAC, Hot water heater and Windows, Gorgeous gourmet kitchen with stainless steel appliances, hardwood floors throughout main level, all 3 bathrooms are updated. Beautiful landscaping with new front walkway leading you to the front door, new fenced private backyard with patio and koi pond. This home is ideally located, close to the Lyon Park Community Center, Clarendon Metro and the bustling orange line corridor. Long Branch Elementary, and a host of restaurants, shopping, coffee shops, fitness centers and scenic paths are minutes away. Please reach out to the listing agent at (703) 980-9836 for more information to inquire about showings. All showings to be conducted under strict CDC safety guidelines with masks and gloves.
3 beds, 2 full, 1 half baths, 1,214 sqft living area
Lot is 10,007 sq ft (.23 acres) * 80' wide x 125' deep * schools are Discovery, Williamsburg, Yorktown * currently rented @ $3,100 (month-to-month now) * sold AS-IS, but perfectly acceptable condition to live in now, build your dream house later * Please don't disturb nice tenants (month-to month) * plat available by email/fax.
5 beds, 4 full, 1 half baths, 5,342 sqft living area
Gorgeous, classic 5 bedrooms, 4.5 bath center hall colonial home in Berkshire Oakwood. This home has a space for everyone and was made for entertaining. Beautiful front porch, extensive hardscape, and landscaping with fireplace and slate patio in the backyard. One car garage has storage space above. Four levels of charm. Huge kitchen with high-end appliances, custom cabinetry, butler's pantry, and pantry. Convenient to Rt 66, Pentagon, DC, and new National Landing/Amazon HQ2, .5 miles to East Falls Church Metro. Fresh paint, refinished floors, ready to move in!
5 beds, 5 full, 1 half baths, 5,887 sqft living area
This STUNNING 5 bedroom, 5.5 bathroom, 6,093 sqft home is complete luxury living in one of the most desired neighborhoods in Arlington, Lyon Village. Featuring gorgeous dark hardwood floors, 10 foot ceilings, crown molding, extra wide hallways, and custom details throughout, this home exudes elegance. Upon entering, a sun filled office sits at the front of the home with built-in cabinets and a dual facing fireplace connected to the dining room. The large dining room gives an intimate ambiance with its custom features, but is spacious enough for a large dinner party, seating 10. Connecting the dining room and kitchen is the Butlers Pantry, thoughtfully designed with a granite countertop and a multi-storage system with custom depth roll out shelves. The gourmet kitchen hosts a massive L-shaped island with quartz waterfall countertops, equipped with hidden outlets that pop-up from the counter. Top of the line Sub-Zero and Wolf appliances, Satin Nickel hardware, elegant cabinets, dedicated spice storage and tray/muffin tin storage spaces, and two wine refrigerators make this center of the home even more spectacular. On the other side of the kitchen is the family room, complete with a gorgeous coffered ceiling, custom built-in cabinets with granite counters, a gas fireplace, and a wall of windows facing the backyard and patio, filling the room with natural sunlight. The main level also features a powder room, a playroom, and access to the attached garage through the mudroom, complete with hardwood floors, cabinets, a closet, and built-in seating & storage. Upstairs are 4 large bedrooms with 9 foot ceilings, each with its own ensuite full bathroom with radiant heated floors. You will feel like royalty stepping into the Master Suite, complete with built-in shelving, a fireplace, a tray ceiling, and french door access to a Juliet balcony. The Master Bath features a glass encased shower, grand soaking tub, and a large granite double sink vanity. Through the bathroom is a lavish Master Closet. A center island features drawer storage & electrical outlets, and is surrounded by three walls of custom shelving and cabinetry. There is also a second Bedroom suite with a custom walk-in closet and attached bathroom, which could be used as a second Master. The upper level also features the Laundry room with hardwood floors and custom cabinets.The basement is the ideal location for entertaining with a complete surround sound system. The expansive space features luxury vinyl tile flooring and is equipped with a large, granite countertop bar and seating area, and a mesmerizing electric fireplace. On the other end is a full bathroom, exercise studio surrounded by mirrors, and the 5th bedroom. An entrance to the yard is accessible from this level, as well as an oversized storage room. The fenced in yard has an outdoor entertaining patio with a pergola, accompanied by a gas fire pit, built in stone benches and overhead lighting. The backyard has a full playset with 3 swings, a slide, and a climbing wall. The entire home is wired for music and entertainment with built-in speakers for both indoor and outdoor use. An interior and exterior security system is installed throughout the home. Additional exterior features include a Pervious Paver System driveway, 30 year architectural shingles, Metal Standing Seam Roofing, Dark Bronze Half Round Gutters, and Dark Bronze Round Downspouts. In addition the overall excellence of this home, it is in a prime location of Arlington, within walking distance to a variety of shops, restaurants, transportation, Whole Foods & Trader Joes. This home is one you need to experience in person.
3 beds, 2 full, 3 half baths, 2,264 sqft living area
Stunning $200K transformation in 2018 from top to bottom, inside and out. This is one modern farmhouse you won't find every day. Perched atop a hill overlooking the neighborhood and Ballston skyline, at the end of a cul-de-sac, you are 1/2 a mile from Ballston and just over a mile to Westover. Enjoy the beautiful spring days on your front porch or gorgeous private back patio. No detailed was spared in this historic charmer - once the original farm house in Arlington, it has been standing tall since before World War 1. Inside you'll find a stunning transformation brimming with modern touches and keeping the character of the house intact including original refurbished heart of pine flooring. The kitchen is a chef's and entertainer's dream with gas range with hood, farmhouse style sink, large granite island, subway tile to ceiling, top of the line stainless appliances, a combination of gray and white solid wood cabinets. It is open to spacious family room with wood burning fireplace that flows into front living room too. Full sized dining room, also open to kitchen, gives this house incredible flow. The back of the house is a heated tile floor mud/laundry room that is great access from back yard and true 2 car garage too ~ a rarity in Arlington. Drenched in sunlight, all bathrooms are new, with black and white accents in true farmhouse chic fashion. 3 bedrooms upstairs are generously sized, and the master has a to die for walk in closet, dual vanities and separate soaker tub and shower. The unique configuration and remodel gives a full master plus two additional showers/tubs sinks. The basement is a great flex space for gym, home office, play or rec room - has drywall, heat, a walk out door that leads out to under the front porch and tons of storage! Need more space? The sellers have plans for an easily finished attic too - structural and electrical done during completed renovation! Ask agent for details and drawings. Private tours available by appointment in lieu of open house. Call agent.
2 beds, 1 full baths, 951 sqft living area
RARE 1st Floor CORNER UNIT move in ready Condo contains 2BR/1BA & LOTS OF NATURAL SUNLIGHT that brightens all rooms. Located in highly sought-after North Arlington across from Lyon Village Shopping Center contains Giants Grocery Store, Italian Store, Starbucks & More. Spacious condo with UPDATED SPA LIKE SHOWER. Kitchen with Gas cooking & Stainless Steel appliances. Living Room areas has Original Built-in Bookcase, Dining room area, Plenty of storage space with Linen Closet, Hall Coat Closet/ Storage, Bedroom Closet Organizers and Extra Space used as Office,& large storage Bin located within building. Each room has its own Thermostat for heating and cooling. Laundry located 1st floor & on every level of condo with easy access by elevator. Pool & grill area on 4th floor. Bike room on 2nd floor. Clarendon Metro1.8 walking distance to Claredon which host lots of food and entertainment. Spout Run is short drive to D.C one Exit away from Key Bridge. CARDINAL HOUSE Condominium comes with many amenities including Laundry every floor, Outdoor Pool & Picnic area, fully equipped Fitness Center, Billiard room, Party room, PLENTY OF Parking, On-Site Management & Secure Bike Storage + LARGE Assigned bin storage. Cardinal House is in an ideal commuter location, w/ Custis TRAIL across from building for biking, walking to D.C. or Falls Church. Playground across the street by Lee Highway. Condo fees include all utilities except cable and internet & Decal parking conveys with this property & plenty of visitors parking for guest. VA and FHA approved. NOTE: Cats OK, but No dogs permitted.
6 beds, 4 full, 1 half baths, 3,681 sqft living area
This lovely home is situated on a large lot in one of the prettiest streets in North Arlington. With a complete renovation in 2012, this home was carefully designed to preserve its charm and character. Beautiful curb appeal with flagstone walkway and flowering gardens lead you to the inviting, expansive front porch with a ceiling fan for those summer gathering. The original gracious entry vestibule leads to the living room with a cozy wood-burning fireplace. The next room opens into an expansive kitchen with an oversized island with breakfast counter. All granite counters and stainless steel appliances are ready for the Chef's creations. The dining area adjoins the kitchen. This open concept floor plan is ideal for large gathering with family and friends. The kitchen has access to a spacious deck overlooking a meticulously landscaped backyard. The expansive family room off the kitchen and dining room has a wall of built-in shelves, a large sitting bay window and lots of natural light coming from the side windows as well. The family room is adjacent to an inviting screened-in porch with high vaulted ceilings with 2 ceiling fans. From the screened-in porch we access the deck --- a full circular flow ideal for entertaining in all seasons! The main level also includes a mudroom off the kitchen, a powder room and the 6th bedroom that can be used as an office. The upper level is a nice surprise showcasing 5 bedrooms and 3 full baths. The master suite features a walk-in closet and a bathroom with dual sinks, large soaking tub and a separate shower. Laundry room can be found on this level with large size washer and dryer. Both main and upper levels have beautiful hardwood floors. The lower level features a recreation room, with built-in shelves - perfect for children's play area or a home theater. It has a full bath and storage area. An ideal location: short commute to DC, easy access to I-66, walking distance to a variety of ethnic restaurants, Harris Teeter and Safeway at the nearby Lee-Harrison shopping, as well as playgrounds, Yorktown High School, Williamsburg Middle School and Discovery Elementary.
3 beds, 2 full, 1 half baths, 2,878 sqft living area
Absolutely Charming home with Renovated Kitchen, Bathrooms 2017 & more!!! Huge LR w/Fireplace, DR, Kitchen w/Breakfast Rm (used as a den now),hardwood floors. MBR with 2 W/I closets & beautifully renovated MBRBA , plus 2 other good size BDRS. Finished lower level w/GAS fireplace in Rec Rm, Den , half BA. Relax on the beautiful Stone Patio off the kitchen w/trees, flowers and privacy in the super backyard. Double Garage is incredible - huge 22X27 w/space for workshop plus more. Incredible close in location w/ access to Chain Bridge to DC plus close to downtown Arlington, Mclean & Falls Church City & lots County Parks all close by. Be sure to look in Documents for all the upgrades & features of this great house. Truly a great home!
3 beds, 2 full, 1 half baths, 2,104 sqft living area
Avoid the airfare to Tuscany or the South of France by driving to 3401 N. Emerson Street. If you enjoy boutique hotels and resort living, then this is the property for you. Front and rear stone patios with sitting walls, a rustic fire pit, a STUNNING garden shed or play house are surrounded by THE MOST BEAUTIFUL landscaping I have seen! Add to this a play yard and an open air veranda and you really feel like you are in Tuscany! This is just the start...lets go inside...the covered main entry opens to a generous foyer and an arched entry into the living room featuring a tray ceiling and a wood burning fireplace with a custom stone & barn wood surround. The living room unfolds to a dining area and gourmet kitchen with stainless steel appliances, gas cooking, Quartz counter tops and a cozy sitting area with wood burning fireplace. The master bedroom with conveying antique armoire, overlooks the rear yard. The master bath offers double vanities, polished nickel accessories and a rimless oversize shower...truly ooh la la. Two additional bedrooms and a hall bath complete the main level. EXCEPT...the dining room opens to the over-sized veranda which is a stunning feature of this home. The lower level consists of a dressing area, media room, half bath, laundry, storage and access to the over size two car garage. This lovely home is in perfect condition so just add furniture, unless you might want to purchase what is in the house, and sit back and relax. Add another plus?.. 3401 Emerson St is an easy WALK to elementary, middle and high schools! This one of a kind home should be in Architectural Digest and in a Landscape Design magazine. AND it could be yours.