Living in Northern Virginia, when the rates drop, competition rises significantly for buyers looking to purchase the same home. Price is not the only prize the seller is looking to earn. Sellers will check out the terms of each potential buyer. For the sake of this topic, price will be the focus. Price, of course, trumps all when it comes to buying a home and strategy is a necessity when positioning your dollars. Entrusting your real estate agent, analyze all comparable homes in the immediate neighborhood that are similar in square footage and number of bedrooms/bathrooms. The homes to compare…