Tuesday, March 18, 2014

First-time Homebuyer Tips for Northern Virginia Real Estate

The Northern Virginia real estate market is heating up this spring! Mortgage rates are rising, housing prices are increasing, and more and more Northern Virginia homebuyers are making their way into new homes in Arlington, Alexandria, Falls Church, DC and more. But don't be discouraged if you aren't quite ready to purchase a new home in Northern Virginia this spring, here's what you can do to prepare:

How Much Can You Borrow?
The first thing you'll want to do on your journey to buy a new home in Northern Virginia is speak to a lender or mortgage broker to determine how much you can afford. They can help determine which type of home loan fits your needs and better assess your financial situation.

Scout Locations
Next up, take a tour of your neighborhood or those you would like to live in. It's all about location when it comes to buying a new home and when you decide where you'd like to be, you can narrow down homes in your search. Knowing what you want in a neighborhood can help your real estate agent pick the best properties for you too.

Start Your Home Search Online
Once you've narrowed down your budget and your location, begin your search for homes in Northern Virginia online. My home search tool can help you find the best properties in Northern Virginia, categorizing them by price, size, and location. "Early in the stages of looking for a home, online is a great place to start. You get a good general sense," said one real estate insider. However, always go through your real estate agent with questions and concerns— the internet can have some disconnect in terms of local real estate information.

Team Up with a Great Agent
As your Northern Virginia real estate expert, I am happy to guide you the process of buying homes in Arlington, Alexandria, Fairfax and more this year. I can help you find the best neighborhood, best property, and help with mortgage tips, especially if you're a first-time buyer. Team up with an experienced professional and your experience will be a smooth one!

Have more questions about preparing to buy a new home this year? Contact me today!


I happily serve the areas of Alexandria, Annandale, Arlington, Burke, Centreville, Chantilly, Clifton, Fairfax City, Falls Church, Great Falls, Herndon, Lake Ridge, McLean, Mount Vernon, Reston, Rosslyn, Springfield, Tyson’s Corner and Vienna.

Earle Whitmore


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