YOUR BUYING RESOURCE
Everything from A to Z for buying a home in Northern Virginia, Maryland & DC.
EMPLOYMENT - Two years of stable income and work history
DEBTS - Keep your debts as low as possible. Note - A high car payment above $500, high student loan balances and other large debts will factor into your maximum monthly payment.
CREDIT 101 - Is your credit score below 600? Learn more about your options for credit improvement.
MAGIC CREDIT SCORE - What’s the magic credit score?
ABOUT THE PROCESS
THE TRUE COST OF RENTING - Have you thought about the yearly cost of renting a home? The average rental amount in the Washington Metro area is $1,750 per month, if you continued to pay this amount in 7 years, you would have paid $147,000 in rent.
THE HOMEBUYING PROCESS - From selecting a loan to closing on your home.
YOUR RESPONSIBILITIES - It’s important to know what “NOT” to do when you are buying a home
TITLE INSURANCE - Insurance is everywhere. It's important to have insurance on your real estate investment. The lender protects themselves with lenders title insurance. Learn more about how it protects you and your investment with owner’s title insurance.
BUYING A HOME WITH ANOTHER PERSON - Find out the different ways to have your title.
WHO REPRESENTS WHO - Learn about the different types of agency.
ABOUT YOUR NEXT HOME
AGE OF HOME - Newly built, older and renovated or older to improve
HOME STYLE - Condo, townhome or single family home
DETERMINE YOUR HOUSING NEEDS - Begin thinking about your needs and wants in a home - lifestyle, shopping, number of bedrooms and more.
RESEARCH THE BEST SCHOOL FOR YOU AND YOUR FAMILY - Every family is different when it comes to choosing a home. Some choose close to work and others being close to a high rated school is high on their radar. Find the home close to your school of choice.
BUYING A CONDO - Learn everything there is to know about buying a condo and costs.
BUYING A NEW HOME - Learn why you should have an agent represent you when you buy a new home.
BUYING AN OUTDATED HOME
MORTGAGE GUIDE - Learn about how much the home you like will cost you with principal, interest, taxes, insurance, private mortgage insurance, homeowners association. MORTGAGE PROCESS - From pre-approval to closing disclosure
MORTGAGE DOCUMENT CHECKLIST - Learn the documents you will need for your mortgage.
LOAN TYPES - What are the different loan types.
THE ANATOMY OF A MORTGAGE PAYMENT - Learn what’s included in a mortgage payment.
REQUEST A PRE-APPROVAL- Learn about your mortgage options.
CLOSING & AFTER
CLOSING COST - Learn about the different closing cost items and who pays for what.
CLOSING DAY - Learn what type of documents that you will sign on closing day.
FIRST MORTGAGE PAYMENT DUE - After you close on your home, when will your first mortgage payment be.
BENEFITS OF A PROFESSIONAL REALTOR - It won’t cost you a penny to have buyer’s agent.
DOWNLOAD MY MOBILE APP - Search for real estate on your mobile device
MILITARY GUIDE - Are you PCSing soon? Make your relocation to the Washington Metro area smooth with our MRP experience.