How we helped Alan sell his home with our unique tactics
"We really wanted to sell our home quickly and Paul really helped us meet our objectives. We set a good price for the home and were able to get it on the market quickly. We actually sold it before our first open house using Paul’s unique tactics!"
What lenders look for in borrowers
There are many great Northern Virginia area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (703) 831-4131 for a FREE home buying or selling consultation to answer any of your real estate questions.
3 Things that All Lenders Look For in Borrowers
Today I'm with Joe Lucas from McLean Mortgage. We will be discussing the top 3 things that lenders look for in borrowers. If you're looking to get financing to buy a home here in Northern Virginia, then this is some great advice for you. Joe recommends these three things if you want to have a smooth and painless financing experience.
- Cash: How much cash do you have readily available? This is important for a home deposit. It's also important to know where these funds came from because the lenders have to source your income from somewhere.
- Your Credit Score: Credit scores are extremely important because a lender will need to know if you meet the minimum requirements necessary to borrow money.
- Income: This may be the most important part of qualifying for a home. You need to be able to make the monthly payments necessary to pay off your mortgage, and your income must show that.
As always, consider me your #1 resource for real estate in Northern Virginia!
My sphere of influence encourages a smoother transaction
There are many great Northern Virginia area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (703) 831-4131 for a FREE home buying or selling consultation to answer any of your real estate questions.
What is a Professional Sphere?
Today I am going to speak about the importance of hiring a real estate agent with a large professional sphere (or sphere of influence). You will find that if you hire an agent with a large professional sphere, your transaction will be smooth and rather uneventful.
You would want a real estate agent to be familiar with lenders, so that they can refer qualified buyers to your home when you're selling it.
Another very important connection that your Realtor should have is with a title company. They collect the debits and the credits in a sales transaction and are essential pieces to the puzzle. The lender that is referred to you should be competent and experienced because they will often determine whether the sale goes smoothly or not.
A real estate agent should also be in touch with qualified home inspectors, insurance agents, movers, plumbers, carpenters, cleaners, surveyors, etc.
The more professionals your real estate agent has in his/her professional sphere, the smoother and less painful your transaction will be. You will not have to hunt down contractors if your agent is already familiar with and trusting of their service.
If you need assistance finding real estate in Northern Virginia, then please don't hesitate to contact me. I would be more than happy to provide assistance to you.
Today I am going to speak about the importance of hiring a real estate agent with a large professional sphere (or sphere of influence). You will find that if you hire an agent with a large professional sphere, your transaction will be smooth and rather uneventful.
You would want a real estate agent to be familiar with lenders, so that they can refer qualified buyers to your home when you're selling it.
Another very important connection that your Realtor should have is with a title company. They collect the debits and the credits in a sales transaction and are essential pieces to the puzzle. The lender that is referred to you should be competent and experienced because they will often determine whether the sale goes smoothly or not.
A real estate agent should also be in touch with qualified home inspectors, insurance agents, movers, plumbers, carpenters, cleaners, surveyors, etc.
The more professionals your real estate agent has in his/her professional sphere, the smoother and less painful your transaction will be. You will not have to hunt down contractors if your agent is already familiar with and trusting of their service.
If you need assistance finding real estate in Northern Virginia, then please don't hesitate to contact me. I would be more than happy to provide assistance to you.
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