- Tour properties --- We'll take a top level tour of some of the properties that are in your budget. This gives the client something concrete and real to think about so that you can decide whether this home ownership thing is for you or not. It also gives us a chance to see which properties most interest you so that we can rely upon our experience to identify communities and properties you may have overlooked.
- Revisiting --- We'll revisit those communities that hold the greatest interest and look at everything available in those communities.
- A few more choices --- If none of these really feel right, we'll find a few more to consider and continue with the search.
- Make an offer --- When we've found the property that stirs the soul, fits the budget and feels right, your agent will prepare an offer. At that time we'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.
- 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.
- Loan processing --- Your loan officer will then collect additional documentation from the you and from your agent. 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. The loan office and agent will also order an appraisal as required by all lenders.
- 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.
- Ownership --- Here's where the fun begins ... as does the responsibility of home ownership.
Real Estate for:
What are buyers seeking in {Location_Name}?
A new Realtor.com® survey of more than 1,000 home shoppers revealed that privacy is no longer at the top of everyone's list. More than 20 percent of home shoppers aged 55 and older cite having their own space as the driving factor of purchasing a home, followed by physical comfort and the stability of owning a home. Conversely, only 12 percent of buyers under the age of 55 cited privacy as their chief priority. 17 percent of millennial buyers placed family needs as their top priority when looking for a home, followed by stability (14 percent) and personal expression (13 percent).
Contact Nesbitt Realty to get results fast in {Location_Name}. We can provide an accurate assessment of the market value of your condo and to help you make your best decision now. We have experience helping buyers, sellers, renters and landlords in your neighborhood and we'd love to help you.
We appreciate the opportunity of serving you, we and thank you for considering us in the management of your rental property in {Location_Name}. Our promise is that we offer you our best effort every single day as we strive for perfection. On those very rare occasions when we make a mistake, we move swiftly to correct our errors and make the damaged party whole.
Learn more about what we do and the services we provide.
Our real estate agents are professionals dedicated to excellence in real estate.
Sample
Renting is an excellent way to get some firsthand experience in a neighborhood. Renting may let you sign a one-year lease, say in a Shirlington two,-bedroom condo for example, with the option to continue, if you like the neighborhood. An advantage of this is you can test the waters to see if you really love the features of this neighborhood or not. If you do not like where you are, for example, if the four-bedroom, two-story home in Lorton is not your style, you may relocate to another place.Pay as You Go
Many Americans live from paycheck to paycheck. Upfront, you will have a security deposit with a rate that depends on your credit score. If you have a good credit score, your property manager may only charge one month’s rent, for a security deposit. On the other hand, if you have a poor credit score, your property manager may charge two months’ rent for a security deposit. After this initial fee (which may be refunded if you meet the requirements like passing the move out inspection), it is a comforting feeling to know that after a chunk of your paycheck is put into your monthly rent, there’s a good portion of it left for bills, necessities, and fun expenditures, like neighborhood nightlife, or personal hobbies.Short-Term Commitment & Little Investment
Not sure if you want to stay in {Location_Name} as a Washington DC commuting GS-5? Do you have plans of living in California and seeing Napa Valley, Los Angeles, and San Francisco firsthand? Are you active duty military with upcoming orders for a new assignment, with no interest in the responsibility of becoming a homeowner? If so, these questions may make you lean towards renting, as opposed to buying. It is nice to know that as a renter, you would not have to concern yourself about footing the bill for a repair on a roof that is falling apart, paying a monthly a condo fee (that could range anywhere from $150-$700), or paying the bill for a lawn service to pick up the leaves from your $1,000,000 Mount Vernon home in fall. Overall, renting may be cheaper up front, but it is not for everyone. Also, who says you simply cannot purchase a property at a later date?Build Your Credit While You Sock Away Savings for a Down Payment
Paying your bills on time is an excellent way to build your credit score, and to show lenders that you know how to manage your money. If you are frugal, you can take a chip off each pay check, to build up a savings for buying a home in the future. The return on applying your savings to the purchase of the home of your dreams can be exponential. For those with an eye on the future, being a responsible tenant can prepare you financially and teach you the accountability necessary for home ownership.Roommates
Spending time with friends can make for priceless memories. Living together can be fun and slightly cheaper than going solo. The process of getting a group of friends together to rent out a property may be very rewarding and challenging. A Nesbitt Realty Realtor, like Stuart Nesbitt, is capable of making the later stages of finding and renting a property simple. There are many different neighborhoods in Northern Virginia to choose from, that can fit your specific needs such as:- being metro accessible,
- having a main street,
- being near a good school,
- being luxurious,
- being of a certain type of building style [e.g. high-rise or garden style, for example],
- being affordable,
- or even being off the beaten path.
