Great investment for starter home or rental investment. Close proximity to Ashburn Metro station (Coming soon) and Dulles airport. Lots of Ashburn Farm amenities at an
Important Things To Do When Ready To Buy A Home
- Check your credit. Make sure you know what's in it and what your credit score is.
- Get Approved. Yes, it is more difficult to get a mortgage than in the past, but there are programs available for first time home buyers as well as programs that don't require 20% down or don't require scores in the 700's +. You need to talk to a Lender who will take the time to explain the pros and cons of those programs and what the best options are for your particular situation. If you belong to a Credit Union, it is a good place to start. Once you have your mortgage credentials in hand, you will be in a position of strength when you find the right home.
- DO NOT make a major purchase such as a new car just before applying for a mortgage. It could throw your ratios out of balance and jeopardize your chances of getting the home you wanted.
Happy House Hunting!
Chuck Rifae has been a leading Northern Virginia Realtor since 2002. Chuck holds the advanced designation of Broker of Real Estate for both Maryland and Virginia. When Chuck is not working with buyer....