The Secret to Success When Buying in Northern Virginia

Buying a Northern Virginia home? Get a full Home Search   
Selling your Northern Virginia home? Free Home Price Evaluation

There are four crucial numbers that affect your buying power that you need to be aware of, especially from a lender's perspective. Keep the following four things in mind if you plan on buying a home anytime soon:
  • Credit Score. This helps a lender understand your creditworthiness. The higher your credit, the better chance you have of getting the loan amount you desire. 
  • Down payment. The higher your down payment is up front, the lower your payment is going to be. In many cases, a high down payment also results in a lower interest rate!
  • Debt-to-income ratio. How much debt do you have compared to your income? The lower this ratio is, the better. 
  • Your assets. What are your financial resources? A lender will want to take a look at your income and your financial assets. The more impressive they are, the better luck you’ll have getting the financing you seek.

We work with reputable lenders who can help you wade through the process and get the best possible rates and terms. Whatever your financial situation, we can put you in touch with someone who can get you what you need to accomplish your buying goals. 

Give us a call or shoot us an email with any questions. We would love to help you! 

Why Is It Crucial to Hire a Real Estate Agent in Northern Virginia?

Buying a Northern Virginia home? Get a full Home Search   
Selling your Northern Virginia home? Free Home Price Evaluation

This year is going to be a great time to sell a home in Alexandria. Rising interest rates will push more buyers onto the market, and this means that your chance of selling will also increase. 

You could try to sell your home on your own and spend a lot of time and money, but you will have no guarantee of actually selling your home. I see why people don’t want to hire real estate agents, but more and more, this industry is getting harder to compete in. Selling your home on your own won’t help your chances of selling for top dollar, in fact many FSBO sellers end up hiring a real estate agent. Nearly 90% of FSBO sellers fail to sell their home, and they devalue their property in the process.

If you look at it this way, an agent can save you thousands and thousands of dollars. We have all the necessary experience and we know how to handle all of the paperwork involved. Real estate is highly regulated, and we know how to handle disclosure and disclaimers.

We’re also professional negotiators, and we will always fight for your best interests. Another benefit is that we have established relationships with many of the people that we negotiate with, so this makes cutting good deals much easier. 

Bottom line: if you want to sell for more money and in less time, then you need to hire a real estate professional. 

Contact us soon if you’re interested in selling!