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Buying a home? Why not use an
experienced buyers 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! Call us now! |
Crawford Webs© 2007
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Fairfax Virginia Home Buying Frequently Asked
Questions...
Fairfax Virginia Buyer FAQ's
Buying a home in Fairfax Virginia northern
suburbs? Looking in
in the close in suburbs of Washington D.C. in:
Fairfax, Reston, Fairfax City, McLean, Vienna,
Tyson's Corner, Great Falls, Chantilly, Herndon, Alexandria, Falls Church, Fair Oaks, Burke, Springfield, Clifton, Centreville, Annandale, Fairfax Station, Newington, Falls Church, Baileys Crossing, Mt. Vernon, Dunn Loring, Merrifield,
Greenway, and Oakton Virginia, Loudoun, Prince William, and Arlington
counties?
Want to hire the best agent? Not sure of the process? Have
questions about financing? Ellen Crawford
CRS,
GRI 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 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?
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:
Fairfax, Reston, Fairfax City, McLean, Vienna,
Tyson's Corner, Great Falls, Chantilly, Herndon, Alexandria, Falls Church, Fair Oaks, Burke, Springfield, Clifton, Centreville, Annandale, Fairfax Station, Newington, Falls Church, Baileys Crossing, Mt. Vernon, Dunn Loring, Merrifield,
Greenway, and Oakton Virginia, Loudoun, Prince William, and Arlington
counties...then
call Ellen Crawford of
RE/MAX
Now! He can be reached at:
Ellen Crawford
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Ellen Crawford's
BUYER-CLIENT SERVICES
Home Buyer
Frequently Asked Questions? (FAQ's)
GENERAL HOME BUYING QUESTIONS
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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