Home Shopping Future Military Homeowners

  • 4 Negotiating Tips to Help Homebuyers Get the Best Deal

    4 Negotiating Tips to Help Homebuyers Get the Best Deal

      Buying a home isn’t as simple as forking over a check for the list price. Real estate contracts are not “one size fits all” documents and negotiations over contract terms can become intense. Stick to the following negotiation tips to get the most out of your home purchase. 1. Learn as much as you can about the seller Understanding the seller’s motivations can be key to a successful real …

  • Will VA Borrowers Soon Need 20 Percent Down?

    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. You can see how this is scary stuff. Homeownership is a traditional part of the American dream. Asking for 20 percent down -- includ…

  • 7 Crucial Considerations When Buying Homeowners Insurance

    7 Crucial Considerations When Buying Homeowners Insurance

    Purchasing a home often marks the beginning of a lifetime investment for military homeowners. Once you own a home, you need to ensure that it’s protected with adequate homeowners insurance. Above all else, don’t assume that your insurance covers a particular defect or issue. Your homeowners insurance should include the following: The house The basic function of homeowners insurance is to protect the p…

  • What Military-Friendly Real Estate Agents Can Do For You

    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 Un…

  • Match Your Home to Your Needs

    Match Your Home to Your Needs

    Sometimes a starter home just won’t suffice. Not every military family is at a place in their life for a starter home. Single service members might see starter homes as oversized, while military families with children need more space than a starter can offer. Take a look at this breakdown of types of homes to get an idea of which one accommodates you. Fixer-uppers The homes need some extra TLC from t…

  • Get What You Want from Your Real Estate Agent

    Many members of the military are in an exciting “new” stage of life: new career path, new marriage status, new family additions and a new home. With so many changes, it’s important to feel a sense of comfort in your home. No matter the time frame or the circumstances surrounding your upcoming home purchase, it’s important for your home to truly be home. It’s also important to have an advocate there to hel…

  • When the House You Want to Buy Needs Some Love

    It’s the one. Or is it? When you find a house you love that’s in some disrepair, you feel torn. On the one hand, you could invest some money, time and energy in getting it fixed. Or you could keep shopping the market in hopes of finding the same house in mint condition. Look at these tips to assess what option is best for you. Follow your heart and buy this one. If you love the house and it’s not dilapidate…

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

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

    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 d…

  • 5 Things to Know About REOs

    5 Things to Know About REOs

    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 t…

  • A Smaller Home Could Mean Big Savings

    A Smaller Home Could Mean Big Savings

    From cars to computers, a new trend is sweeping American consumers: Smaller is better. And homes are no exception, with less square footage helping meet goals ranging from financial frugality to environmental friendliness. So if you're looking to save money or just have a smaller ecological footprint, here are five ways a smaller home could save you money. Initial cost A larger home means a bigger down…