Nesbitt Realty helps first-time home-buyers realize their home-buying dreams.
Buying a first home can be a daunting experience. Here are five common and costly mistakes that novice home buyers make:
1. Ignore the costs of having a low credit score. Lower-score borrowers pay thousands of dollars in increased interest rates over the life of the loan.
2. Make purchases on credit before settlement. Lenders continue to check credit scores right up until the time of closing. Too much shopping could cause the lender to take back the loan.
3. Scrimp on an inspection. Being surprised by the need for expensive repairs can be financially devastating.
4. Buy without contingencies. Buyers should give themselves an out if the inspection turns up problems or the bank raises the interest rates.
5. No money for insurance. Insurance can be surprisingly pricey. Buyers who don’t budget for it can face a nasty surprise.
We help our clients sell condos, houses and townhouses in {Location_Name}.
If you're interested in real estate in Alexandria VA, in Crystal City, in Arlington VA, in Falls Church VA or in Fairfax County VA, we're here to help. Please help yourself to our community guides and property search tools. Our property search tools rely on a database of the most up-to-date information available anywhere. Use these tools to search for condos or to search for any type of real estate available in Northern Virginia. Once you've identified a property, contact us and we're help here to you with all aspects of your home sale or purchase.
Read our home buyer's tips & tools
For more information or to set up an appointment call Julie at (703)765-0300.
Julie Nesbitt is an ABR who has served buyers in some of Alexandria’s most exclusive neighborhoods. She is a top producing agent who has listed and sold property in Northern Virginia. In addition to helping folks buy, sell and rent property in Northern Virginia, Julie is the primary administrator of the property management services performed by Nesbitt Realty and Condo Alexandria. Call Julie at (703)765-0300.
