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Deciding to buy a property in Northern VA is likely one of the biggest financial decision you will make in a lifetime. If you are a first time home buyer or experienced, this decision must be made carefully with your goals in mind.
Why Buy in Northern VA?
Are you tired of paying rent towards someone else’s mortgage? Has your current home become too small? Are you looking for a rental property? Would you like a larger yard? Would you rather live in a different area? Is it time to move out of mom and dads? Do you want to shorten that Northern VA commute? Having a clear direction for your reasons for buying will help you choose the property that works best for you.
Has Your Income Increased?
Owning real estate in Northern VA is an excellent long term investment if you are looking for the perfect home, or a rental property. Owning real estate is one of the least risky ways to build equity or to obtain a greater return on your initial investment. Make sure you plan to keep the property for a minimum of 4 or 5 years, which is the average break even.
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