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Tag Archives: military homes

What’s Stopping You? Hold-Ups and Solutions to Buying a Home

By Derek Hartley | Published October 11, 2011

Buying a home is one of the biggest financial ventures an individual or family will take on in their lifetime.

For some, it can seem like a process riddled with obstacles and delays that makes it seem like homeownership is unattainable. But the reality is many of those roadblocks can be overcome.

Here’s a look at a few of the major issues that can complicate a home purchase and some of the solutions to help deserving military members achieve their goal:

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Posted in Budgeting for Homebuying, Credit and Finances, Finding the Perfect Home, Home Shopping | Also tagged , , , 9 Comments

5 Things to Know About REOs

By Lee Morehouse | Published October 4, 2011

Banks are on pace to sell around 500,000 real estate owned homes, or REOs, this year alone, a great opportunity for a homebuyer looking to score a great deal in the struggle housing market. Most bargains will be around 5-10 percent below market value, but some could be as much as 30% below.

Still, buying a foreclosed home, and especially one that’s gone as long without a buyer as an REO, is a process not for the faint of heart. But if you have a taste for adventure and bargain-hunting, here are 5 things you should know before buying an REO.
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Posted in Home Shopping, Meeting VA Loan Requirements, Purchasing a Home, VA Loans and Mortgages | Also tagged , , , 4 Comments

6 Things to Look For When Choosing a Neighborhood

By Lee Morehouse | Published September 27, 2011

When you’re looking to buy a home, it’s important to find a good neighborhood. Not only will the quality of the neighborhood make living in your home more enjoyable and worry-free, it will help the value of your home appreciate more quickly, giving you a higher return on your investment when you decide to sell.
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Posted in PCS and Moving, Scouting Your Next Home | Also tagged , , , Leave a comment

Home Styles: Pros and Cons

By Amanda Bruns | Published September 20, 2011

For veterans buying a home, there are a lot of components to consider: price, location, upkeep, etc. For some, the choice of house style is as simple as being “cute.” For others, it’s all about functionality.

The styling of a home is important to consider due to its potential impact on the financials, sociability and comfort of your home. And what styles have better resale values could mean a lot if you’re expecting a PCS anytime soon.
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Posted in Finding the Perfect Home, Home Shopping | Also tagged , , , Leave a comment

5 Key Reasons to Have a Home Inspection Before You Buy

By Derek Hartley | Published September 13, 2011

It’s easy to get swept up in the excitement of buying a new home and forget to make the important decision to have a home inspection performed before you sign the contract.

Home inspections are an instrumental part of the home-buying process that can save you a lot of time and money in the long run.

Remember that a home appraisal and a home inspection are not the same thing. Appraisals will not provide you with a detailed look at a property that can help uncover deep-rooted problems and potential pitfalls.

Here are five great reasons to have a home inspection before you buy:
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Posted in Home Shopping, Insurance, Inspections and Other Essentials | Also tagged , , , 3 Comments

Using a VA Loan to Buy a Newly-Built Home

By Lee Morehouse | Published September 6, 2011

With the housing market still in the throes of its dramatic slump, this year could be a great opportunity to snatch up a newly-built home with a VA loan. Buying new construction carries its risks, however, so here are some tips that should help make the whole process safe, sane and successful.
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Posted in Purchasing a Home, VA Loans and Mortgages | Also tagged , , , Leave a comment

How Does the Service Member Civil Relief Act Benefit Homeowners?

By Jeremiah Willis | Published June 15, 2011

The challenges of maintaining a secure hold on one’s financial responsibilities are heightened during periods of active duty.

Mortgage payments in particular can become a significant hurdle. But active duty and recently discharged service members are protected from a host of civil and financial penalties thanks to a unique law.
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Posted in Getting Your VA Loan, VA Loans and Mortgages | Also tagged , , Leave a 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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