Military Buyers & Sellers Real Estate Blog

  • How VA Appraisers Determine a Home’s Value

    Contract? Signed. Movers? Hired. Appraisal value? $20,000 low. Uh-oh. Buying a home isn’t as simple as signing a purchase contract and packing a few boxes. All parties to the transaction must be fully on board with the purchase. And a VA lender will refuse to step on-board if a property’s value falls short of the loan amount. Should the VA appraisal value fall below the desired loan amount, buyers mus…

  • The VA Appraisal and Electrical Systems: What Is Required?

    Are you wondering how your VA appraiser will feel about exposed wires, a sparking fuse box or knob-and-tube wiring? Ponder no more. Let’s talk about the electrical portion of the VA appraisal. MPRs and Electrical Systems The VA issues a list of Minimum Property Requirements (MPRs) to every VA appraiser. Appraisers must ensure that properties meet or exceed MPR standards to qualify for VA financing. …

  • 6 Factors That Can Sink Your Home Value

    House hunting? Ready to sell? It’s time to talk home value. No matter where you are on the spectrum of buying or selling, it’s important to know what will affect your home value. Several factors can singe your property value and potentially lead to a resale loss. Protect your investment and boost your resale return with a look at six items that can drag down your home value: 1. Busy streets Incessant hon…

  • 5 Tips for Selling a Home In Winter

    In most parts of the country, winter is a slower time for real estate sales. Buyers hibernate, inventory shrinks, and sales languish. Selling a home in winter can be a bit more challenging, but don't panic. With a few winter-specific selling tips in your pocket, you'll be able to put the best face on any winter listing. Tip #1: Display the year-round beauty of your listing. Landscaping typically doesn’t lo…

  • VA Loan Basics: What is the VA Loan Limit?

    Yes, there is a VA loan limit. But there isn’t a maximum VA loan amount. Bewildered? Join the ranks of service members and real estate agents who are baffled by the mysteries of “VA loan limits.” Let’s wade through the confusion with a clear and simple explanation. What is the VA Loan Limit? First off, understand that the term “VA loan limit” is a bit of a misnomer. The Department of Veterans…

  • Great Advice for Overcoming 3 Common VA Loan Hurdles

    VA loans are accommodating, flexible, and borrower-friendly, and the VA home loan process isn’t nearly as confusing as you might think. But that doesn’t mean that VA lenders will dish out money to anyone with a pulse. The VA loan program, although lenient, does require that borrowers meet certain standards. Potential borrowers who fall short of those standards needn’t panic. There are tried-and-true metho…

  • 5 Things Military Buyers Need to Know About Credit Reports

    In a shaky economy, maintaining good credit can be a real challenge. The good news? Credit is repairable, and Veterans United's Lighthouse program is here to help you along every step of the way. If you’re aiming for a brighter credit future, start with a good look at your credit report. A credit report describes your experience as a borrower, and includes details such as payment history, current balances…

  • Why Renters Are Passionate About Becoming First-Time Homebuyers

    If you’re an agent, you probably own a little real estate yourself. But do you remember what drove you to purchase your first home? Don’t worry – it’s perfectly normal to take homeownership for granted. Those who can easily qualify for financing and deftly navigate real estate markets often lose sight of the passion that fuels first-time homebuyers. In that spirit, let’s get in touch with our buye…

  • Top 5 Concerns of Relocating Military Homebuyers

    We recently asked our social media followers what they found most challenging about relocating. // Post by Military Spouse Central.   Here are five of the issues we saw repeated again and again. I've put them together with some tips on how you, their real estate agent, can best serve the needs of your relocating homebuyers. Finding New Service Providers How do I find a new doctor, plumber, etc?  When you …

  • Serving Relocating Military Homebuyers

    If you've ever heard a military service member say they were PCSing you probably know that it means they are going to need a real estate agent. PCS stands for a Permanent Change of Station and it means that the service member is being transferred from one duty station to another. Sometimes these are short moves, other times they are relocating all the way across the country. As a real estate agent, it's important…