Answering Your Montgomery County, Northern VA and D.C. Home Buying Questions


Buying a Metro D.C. home is both thrilling and a bit unnerving, especially if you're a first-time home buyer. Both experienced home buyers and first-time buyers alike will benefit from the frequently asked questions below. Before you begin your home search in Montgomery County, MD, Washington, D.C., or Northern Virginia, it is recommended that you prepare yourself for the journey by educating yourself. This will ensure you are a knowledgeable home buyer prepared to make a confident home buying decision.

Q - I've never purchased a home before.  Where should I begin?

AActually, you've already started the process. Fact-finding and reading articles is a great way to become a smart consumer. The highest priorities to focus on before you begin searching for specific areas, neighborhoods, or homes would be to:

  1. Familiarize yourself with your personal finances.
  2. Learn about the real estate market.
  3. Carefully review your budget and begin to eliminate as much debt as possible.
  4. Find out what kind of loan you qualify for, how much you qualify for and how much (if any) down payment is needed. This will help guide you through the purchasing process and let you know what price range to start looking in.
  5. Contact us. As your home buying specialists, we'll protect your interests and manage the details of the real estate transaction on your behalf to your complete satisfaction.  For more experienced buyers, a little brush up on the real estate process wouldn't be a bad idea either. Of course, you'll need a really sharp Metro DC real estate team to protect your interests and make the process smooth and easy!

Q -How do I decide which type of loan is right for me?

A - We can recommend several trusted lending professionals or you can choose your own. Having upmost confidence in your lender is important. Be sure you feel completely at ease with them.  Ask lots of questions and never sign any document until you know what you are signing and feel completely at ease signing it. Of course, the type of loan best for you depends on several factors. Here are just a few:

  • How much money do you have for a down payment?
  • How long do you plan to live in the home?
  • Do you qualify for a USDA, FHA or VA loan?

Have More Questions? Ready To Get Started? 

If so, contact us today and together we will review your needs and your budget to help you find the right Metro D.C. home for you!