In Northern VA, the housing market has shifted into a strong Seller’s market; so what does this mean for Buyers? Watch this 2 minute video to find out:
The one thing we would point out that is slightly different than what you saw in the video, is that The Belt Team recommends that buyers get pre-APRROVED, not just pre-qualified. In order to compete in today’s market, Buyers need to be fully approved for their mortgage and have a full approval letter from their lender BEFORE they write a contract.
For more tips on what Buyers can do to succeed in today’s market, contact Belt Team Lead Buyer Specialist Tom Reilly at (703) 629-1263 (or email Tom). His legal and technology background have provided him with some superb strategies that he implements on behalf of his buyers!