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Tag Archives: military homeowners

Will VA Borrowers Soon Need 20 Percent Down?

There’s a big mortgage debate in Washington and vets are very much in the middle. The question is whether home loans should require at least 20 percent down.

Under new Wall Street Reform rules enacted last year in Washington borrowers in some cases will need 20 percent down.
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Posted in Getting Your VA Loan, Home Shopping, Meeting VA Loan Requirements, Mortgages, Purchasing a Home, VA Loans and Mortgages | Also tagged , , 1 Comment

What Military-Friendly Real Estate Agents Can Do For You

No matter where you decide to move, a real estate agent will be ready to help you select and buy your home. But simply having a fancy card and Yellow Pages listing does not mean he or she knows and meets the needs of a military family in transition. Worse yet, prospective military homeowners may struggle to find a military-knowledgeable realtor in an area that lacks a military installation. With help from Veterans United Realty, looking for an understanding agent is easy. There are plenty of upsides to getting a real estate agent who knows the common concerns and questions of military families.
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Posted in Home Shopping, Using a Real Estate Agent | Also tagged , 4 Comments

Four Tips to Avoid Moving Scams

Only scammers lack the scruples to take military families’ possessions.

Moving companies scam military families by loading up everything they intend to move to their new home, and then demanding a higher price than they’d quoted for the military family’s goods to be delivered. As nice as it’d be for every scammer to get caught, it just won’t happen. Here are some steps you can take to ensure you employ honest movers.
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Posted in Moving Tips, PCS and Moving | Also tagged , Leave a comment

4 Hidden Expenses to Be Ready for After Moving In

On the cusp of buying a home, it’s hard to see what damages could occur down the road. The rose-tinted glasses can be especially strong for military homebuyers who finance with a VA loan that practically eliminates down payments and out-of-pocket expenses.

VA loan borrowers should take advantage of those savings and set aside what otherwise would’ve been spent on a down payment or closing costs. This way, they can be prepared if these expensive home repairs spring up.
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Posted in Budgeting for Homebuying, Credit and Finances | Also tagged , , 1 Comment
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Peter G. Miller

Peter is a nationally syndicated real estate columnist and mortgage expert. He is the author of seven books and has appeared in broadcast and print interviews with leading media including Oprah, CNN, the Today Show, National Public Radio and The New York Times. Peter was the creator and original host of the AOL Real Estate Center and a past editor of RealtyTimes.com. Today he hosts OurBroker.com, a leading source of real estate news and opinion.



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