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Buying a home? Why not use an experienced buyers agent agent? It's FREE! Since a home is the most expensive purchase you'll ever make in a lifetime...why take a chance? It is especially important to have a buyer's agent with lots of experience when buying a new home or resale!

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Fairfax Virginia Home Buying Frequently Asked

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Fairfax Homes for Sale

Home Buying Questions

Fairfax Virginia Buyer FAQ's

Buying a home in Fairfax Virginia northern suburbs? Looking in the close in suburbs of Washington D.C. in: Alexandria, Annandale, Baileys Crossing Burke, Centreville, Chantilly, Clifton, Dunn Loring, Fairfax, Fairfax City, Fair Oaks, Fairfax Station, Falls Church, Great Falls, Greenway, Herndon, Lorton, McLean, Merrifield, Mt. Vernon, Newington, Oakton, Reston, Springfield, Tyson's Corner, and Vienna Virginia. Loudoun, Prince William, and Arlington counties? Want to hire the best best agent? Not sure of the process? Have questions about financing? I have the answers to many of the most commonly asked home buyer questions!
Why not hire them to work for you? They are Accredited Buyer Representatives in Fairfax Virginia Georgia. There is no additional cost to you as a a purchaser, since the commission is paid by the seller. Many agents will tell you that they are "Buyer's Agents," but have no formal schooling or accreditation.
Since buying a home is probably the largest single investment you'll make, why not have the best representation? So if you are considering buying a home, making residential investments or are conducting any real estate business in the close in in the close in suburbs of Washington D.C. in: FAlexandria, Annandale, Baileys Crossing Burke, Centreville, Chantilly, Clifton, Dunn Loring, Fairfax, Fairfax City, Fair Oaks, Fairfax Station, Falls Church, Great Falls, Greenway, Herndon, Lorton, McLean, Merrifield, Mt. Vernon, Newington, Oakton, Reston, Springfield, Tyson's Corner, and Vienna Virginia, Loudoun, Prince William, and Arlington counties... Contact Me Now!

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Home Buyer Frequently Asked Questions? (FAQ's)

GENERAL HOME BUYING QUESTIONS

Q.) Who pays closing costs?

A.) It ‘s negotiable, but it depends on a many factors, including: market conditions, your offer price and terms of the contract.

Q.) How soon do I need to apply for a loan once the contract is accepted?

A) Usually the Contract will specify a time. Example... Purchaser agrees to make loan application within 5 days of an accepted offer to purchase.

Q.) Who pays closing costs?

A.) It ‘s negotiable, but it depends on a many factors, including: market conditions, your offer price and terms of the contract.

Q.) How soon do I need to apply for a loan once the contract is accepted?

A.) Within 3-5 days of the acceptance date.

Q.) How much earnest money should I submit with the offer?

A.) Approximately 1-2% of the purchase price.

Q.) When can we close on the home we are purchasing?
A.) Generally, 25-60 days after acceptance of the offer.

Q.) Should I get the property inspected?

A.) Yes, we highly recommend it!

Q.) What if something turns up during the inspection?

A.) You have the right to negotiate the repair or remedy, or withdraw the contract.

At the Closing

Q.) What’s a closing?

A.) The closing is conducted by an attorney who transfers title from seller to buyer. You will have an opportunity to discuss all aspects of the closing in detail before the event.

Q.) What do I need to bring?

A.) Here's what you'll need:

1. A picture I.D for each purchaser.

2. Receipt for the first year's premium of a Home Owner's Insurance policy.

3. Additional documentation the lender may require, such as proof of sale of an existing residence, deposit verifications, proof of sale of a car, copies of tax returns.

4. Certified funds for money due at closing, in accordance with Georgia law and the law firm's policy. The closing attorney will advise the amount.
Your attorney will receive the loan package from the Lender in time to provide you with figures prior to closing. The figures are on a Settlement Statement (HUD-1). In the event your figures change before the actual closing, the attorney will probably accept a personal check for the difference at the closing table.

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