Future Homeowners Page 12

  • Should Veterans Get Free Home Appraisals?

    Should Veterans Get Free Home Appraisals?

    A new mortgage proposal is now floating around Washington, one which intends to make the lending process clearer and less confusing – but not for VA loan borrowers. The idea comes from the Consumer Financial Protection Bureau and the intent is pretty good: mortgage borrowers should have a solid understanding of their loans and to do that lenders should make appraisals automatically available without cost at leas…

  • Beyond Red, White and Blue: Americana Decor for the Modern Home

    Beyond Red, White and Blue: Americana Decor for the Modern Home

    Choosing Americana decor for your home is a great way to celebrate our country's cultural heritage and to show off the love of your country. But be careful: that nostalgia-fueled style is easily overdone. Too much gingham, reclaimed barn wood and Route 66 memorabilia and you're living in a Cracker Barrel gift shop. If literal isn't the look you're going for, embrace a less-is-more approach. For militar…

  • Why VA Loans Matter In The Presidential Election

    Why VA Loans Matter In The Presidential Election

    The election season is here and one of the groups that should most interest politicians are the military households that have VA loans and other benefits from their service. To understand the importance of the military community there are two factors to consider. First, as November looms ahead it's usually argued that there are nine swing states which will determine the presidential election. These stat…

  • Welcome Home: How to Throw a Perfect Housewarming Party

    Welcome Home: How to Throw a Perfect Housewarming Party

    For a military family that moves a lot, another new house might not be all that exciting. But the first permanent home you purchase for yourself and your family is certainly cause for celebration. A housewarming party is a great way to welcome others into your new place and show off your accomplishment. You don’t have to wait until everything’s perfect to have people over. Just make sure the place is clean …

  • Should VA Loans and FHA Mortgages Be Combined?

    Should VA Loans and FHA Mortgages Be Combined?

    Are VA loans and FHA mortgages alike? How about VA mortgages and financing from the Agriculture Department's Rural Housing Service (RHS)? Such questions are not far-fetched. A new report from the Government Accounting Office says the time is ripe to "increase collaboration and consider consolidation." But is this really a good idea? After all, could not the government save a few dollars and cut the deficit by c…

  • 8 Cool Household Uses for Magnets

    8 Cool Household Uses for Magnets

    When you hear the word "magnet," you probably think of the little gadget that holds your family photos on the refrigerator door. But magnets can have other versatile uses around the house aside from decoration, and can offer practical solutions to household projects you might be having trouble with. Whether you want to create better storage or simply keep your food fresher, here are 9 cool household uses for magne…

  • Conquer the Clutter: How Cutting Out Junk Can Improve Your Quality of Life

    Conquer the Clutter: How Cutting Out Junk Can Improve Your Quality of Life

    Many homes may appear clutter-free at first glance, but an opened closet keeps no secrets. Stacks of boxes and bags are shoved in place so that no item can be removed without triggering an avalanche. This phenomenon intimidates many to the point of avoidance. It isn’t long before the stuff that belongs in an overstuffed closet begins to creep out into living space. In the book Life at Home in the 21st Century…

  • Are There Too Few Homes For VA Mortgage Buyers?

    Are There Too Few Homes For VA Mortgage Buyers?

    The latest worry on the real estate front is that VA borrowers face a shortage of homes to consider. This seems like an unusual concern given that during the past few years there have been major foreclosure centers where it's been tough to give away a house. But now, according to the National Association of Realtors, we have an inventory shortage. “What we need now is additional inventory in the lower price r…

  • You're In The Money: What Should I Do With My Military Bonus?

    You’re In The Money: What Should I Do With My Military Bonus?

    Each year, the military pays out huge amounts of money to individuals who enlist and re-enlist. These bonuses can be as much is $90,000, depending on your specialty and the length of your commitment. For many people, a military bonus is one of the few times in their lives when they have a check in their hands which is equal to a year or more of salary. This is a very big deal and one to be handled with great cauti…

  • Do Vets Benefit When Fannie Mae And Freddie Mac Profit?

    Do Vets Benefit When Fannie Mae And Freddie Mac Profit?

    Mortgage headlines have been dominated recently by the recently low mortgage rates that have been available for much of the year, but there's another story which is beginning to emerge, one of success by Fannie Mae and Freddie Mac. Why is this important to vets and veteran families? To make the VA loan system work we need investors who purchase mortgages. In most cases a VA mortgage is originated by a lender wh…