First Purchase Opportunity

[Nick Thomas]

Hello everyone! My wife and I are currently renting a condo and got word from our landlord that they want to sell the property. I contacted them right away saying we would be interested in buying the property before a realtor is involved and it hits the market. Sadly they already have a realtor, but we agreed to not get one so they can save on realtor fees.

Due to saving them money on realtor fees and making this a fast and smooth transaction we are asking them to cover all closing costs.

It is in the NOVA area and we are looking to offer 339,900 for a 2 bed 2 bath 1,500 sq foot property. If anyone would like to give input on if it’s a bad time to buy, if we are paying too much, or if there is anything creative we should try to do I’d love to hear it. I’m hearing from many that we would need to stay in the property for 5 years to break even though...and it is pretty small for newlyweds that might have kids in the next few years.

Thanks in advance!