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Silvey Residential/Compass

608 Stribling Ct, Leesburg, VA 20175

  • 703-570-5144
  • [email protected]
Buyers

Buying A Home Usually Represents Your Single Biggest Investment – And Debt.

The home buying process is one of the most exciting, and frequently stressful, experiences you’ll ever go through. This holds true whether you’ve bought many homes or you’re looking to buy your first, whether you’re in the market for a new primary residence, an investment property or that perfect vacation getaway.

HOW it works

Guide To Buying Your Home

When buying, it’s crucial to have all the available resources necessary to make a well-informed decision, together with the time required to make use of them. It’s important to enlist the help of a trusted real estate professional who’ll be able to provide expert guidance at each step of the buying process.

Define Your Goals, Research Your Options, Make Your Plans

Given that buying a home is such a big step, it’s very important to educate and prepare yourself as much as possible. This means clearly determining the reasons you’re buying and what kind of home you’re looking for. Since buying and financing a home are so closely related, it also means examining your current financial situation and projecting how much you can afford.

Contact a Real Estate Professional

Buying real estate is a complex matter with many factors to consider since no two homes or transactions are alike. Moreover, with all the unique opportunities and potential pitfalls of the current market, it’s more important than ever to contact a real estate professional once you’ve decided to buy.

Get Pre-approved for a Loan

We recommend that you get pre-approved for a loan before you start viewing homes with the serious intention of buying. The pre-approval process involves meeting with a lender and authorizing them to examine your current financial situation and credit history. On the basis of this examination, the lender may provide you with a document detailing the amount you can borrow to buy a home. Consider looking online to see what different lenders offer, or contacting your local bank or credit union.

View Homes and Select THE ONE

Simply put, the key to the home search process is knowing what you’re looking for. Among other things, that means distinguishing between “must-haves” and “like-to-haves”.

Make an Offer and Negotiate With the Seller

Once you’ve found the home you’d like to buy, it’s time to make an offer. Your state or local real estate association likely has contracts that are generally used for transactions in your area. These contracts enable you to specify a sale price and also allow the inclusion of clauses specifying various terms of purchase, such as the closing and possession dates, your deposit amount, and other conditions.



You should carefully review these clauses with your real estate professional to be sure that they accurately express your intended offer. In addition to drawing up the contract, your real estate professional will be happy to address all of your questions about the offer process.*



Once you’ve written the offer, your real estate professional will present it to the seller and/or the seller’s representative. At that point, the process will vary somewhat depending on the market you’re in.

Secure Your Financing

Once you have a pending agreement, it’s time to return to your chosen lender to finalize mortgage details in order to close the deal. This means finalizing your down payment, interest rate, regular payment schedule and all other financial conditions associated with the closing. It’s crucial for you to work with people you trust. In this regard, a good real estate professional can become a true friend for life.

Getting a Title Search

You will need a historical review of all legal documents relating to ownership of the property – to ensure that there are no claims against the title of the property. It’s also necessary to purchase Title Insurance for protection in the event of errors in the records or mistakes in the review process.

The Final Walkthrough

You will be given the chance to look at the home one last time to make sure it’s in the same condition as when you signed the sale agreement.

The Settlement

Typically, on the Closing Date you’ll meet with a lawyer, real estate professional, or escrow agent to verify and sign all the paperwork required to complete the transaction. The settlement will include paying your closing costs, legal fees, property adjustments and transfer taxes. At that point, you’ll receive the property title and copies of all documentation pertaining to the purchase.



Oh, and one more thing – you’ll get the keys!

In most cases, Possession Date will fall within a few days, and you will be able to move into your new home.

More reviews

We are humbled by the love we receive.

Keiranne O'Donnell
If you are considering listing and selling your Leesburg VA home, Silvey Residential offers more than just a competitive edge; you will feel at ease through the process as JC Silvey is transparent, insightful, honest, and thorough. We were on a casual hunt for a home that was a better fit for the size of our growing family so we let JC know. Shortly after, JC called us and he said he knew he found THE house we have been searching for. And he did! That very home is ours now. He truly found us exactly what we had dreamed of after only talking with us once and listening to our wants and needs in our next home. Through the process, he met with us on multiple occasions on short notice, talked with us at length when we had numerous questions and ideas; and we felt confident after each conversation. We sold our home above asking price in under 24 hours thanks to JC's tenacity. The entire process could not have been more seamless. We had constant guidance and we learned extensively about the buying and selling process while working with Silvey Residential. He has never steered us wrong and we are thankful to have worked with JC Silvey as we now live in our forever home!
Sara Brody
JC listed and sold our Leesburg home in 2020 at the beginning of the pandemic. He is an incredibly nice and humble guy that was able to find us a buyer within two days. Every aspect of the sale was smooth and as stress free as possible. He is professional and has a passion for his work and his community. Highly recommend !!
Landey Patton
I've known and worked with JC for several years now and have only had positive experiences. His team and him are professional, responsive, honest and reliable and clearly go above and beyond for their client every time. I whole heartedly recommend JC and respect his advice and insight with real estate questions, particularly around selling homes in Leesburg.10/10!
Ken Dineen
We have worked with a number of realtors over my lifetime as we have moved every 5 years or so. Our last sale, our home in Woodlea, was by far the best experience. Yes, it helped that the outcome maximized what the current market would bear, on the other hand, many things could go wrong if not handled well and JC and Vianne made sure that didn't happen. They are true professionals and extremely trustworthy through-out the process. That integrity was true whether it was us as the client or dealing with the potential buyers as well. They know the market extremely well, gave great advice on prepping for the sale, setting a realistic home value and were attentive to every step along the way down to the smallest details. We enjoyed interacting with them, even when tough decisions had to be made, as selling one's home is always challenging and emotional. They excel at every facet including, staging, marketing, photos, videos and aerial shots, messaging, and tapping into the right buyers and closing the deal. I strongly recommend Silvey Residential if you are looking for a realtor team that exceeds expectations and doesn't disappoint.
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Whether you're a first time buyer or looking for your next home, we're here to help you every step of the way.

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Silvey Residential/Compass

Silvey Residential/Compass

44769 Endicott Dr Suite 200, Ashburn, VA 20147

  • 703-570-5144
  • [email protected]

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