Military Buyers & Sellers Real Estate Blog

  • Is a VA Loan Cheaper Than Other Loan Options?

    A buyer's first mortgage involves a lot of big decisions. When sorting through VA, FHA, USDA and conventional loans, how can a buyer make the right choice? Loan costs should definitely factor into the evaluation. Fortunately for eligible military buyers, it is possible for VA loans to be less expensive up-front and over the long haul than other loan options. Knowing how VA loans work is the first step toward g…

  • VA Loans and Lead Paint: What You Need to Know

    Lead-based paint can raise the hackles of any buyer. And for good reason. The ingestion of lead-based paint chips or dust has been linked to nervous system damage, kidney damage, and reproductive problems. Lead-based paint can also pose financing hazards to a potential VA loan borrower. The VA requires that loose lead-based paint be treated and removed before a VA loan can move toward approval. Let’s take a clos…

  • Veterans Day 2012: Real Estate Agents Say Thanks

    Every day feels like Veterans Day across the Veterans United Network. The Military-Friendly Real Estate Agents Facebook community is one special niche of that network. Each day, our member agents take time to voice their support for the military. As a special Veterans Day tribute, we're sharing a few of the thousands of "thank you" messages posted by agents to our Facebook page. Thanks for all you have …

  • Should You Choose a VA Loan?

    Thinking about a home purchase? You’ve got a lot of decisions to make. One of the biggest choices facing buyers centers on financing. Selecting a lender, type of loan, and loan terms can be tough. Let’s make it easy with a simple assertion: VA financing is often the best choice for those who qualify, particularly if you agree with one or more of the following statements. 1. “I Can’t/Don’t Want to Make…

  • New Homeowners: 4 Tips for Managing Your Mortgage

    On the route to homeownership, most prospective buyers exercise heaps of caution. Purchases are delayed. Payments are made on time, if not early. Credit scores are closely monitored. Don’t let those good habits evaporate after closing day. As a new homeowner, you have even more to lose from poor fiscal management. By signing your name to a mortgage note, you’ve given a lender the right to foreclose on your hom…

  • The 5-Step Guide for Improving Your Credit Score

    Unless you possess a big chunk of cash, buying a home usually involves borrowing money. And while VA loans feature relaxed credit requirements, VA lenders can't help but favor responsible borrowers. That’s where the FICO credit score comes into play. Credit scores help lenders immediately assess a buyer’s responsibility with credit. A higher score means that a borrower is more likely to pay back a loan. If yo…

  • What Can A Military Borrower Get With A VA Loan?

    Across the Veterans United Network, we field tons of questions from military buyers and sellers. One of the biggest areas of uncertainty centers on the acceptable uses of a VA loan. “Can I use a VA loan to build a house?” “Can I buy a mobile home with VA financing?” "Does the VA fund business loans?" VA loans are guarded by very specific regulations and requirements. Only certain properties are eligible…

  • 3 Pitfalls Military Buyers Need to Avoid Before Closing Day

    Military buyers who have signed a contract, gone through preapproval and passed the VA appraisal are well on their way to a closing day celebration. But we all know that a lot can change between a signed contract and closing day, especially when it comes to a mortgage. Career changes, a job loss or new debts can pop up at any time, sending a potential loan off the rails. Buyers should be aware that lenders will c…

  • 3 Reasons You Need to Love Your Real Estate Agent

    Wouldn’t it be nice to be able to say, “I love my real estate agent?" While you don’t really need to love your real estate agent, you do need to be satisfied with the level of service provided. Real estate transactions are complicated, and success depends largely on the skills of key players like real estate agents and lenders. So whether you end up marrying your agent or simply referring him to a…

  • Military Buyers: 6 Big Reasons to Hire a Real Estate Agent

    Buying a home can be a thrilling journey, but it’s also a quite complex process. And while you can choose to navigate that road alone, why would you? A real estate agent offers a wealth of personalized services that will make the purchase easy and enjoyable. And you probably won’t pay an agent a dime to represent you. In most parts of the country, agents are paid by the sellers. Let’s take a look at the …