When an active duty service member receives a Permanent Change of Station (PCS) they're allotted 10 days of leave to scout their new town. Ten days isn't a lot of time when you have to visit a new town, find the right neighborhood, determine the best schools and get a new home under contract. Other buyers using their VA loan benefit have a differ… Full Article
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 Req… Full Article
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 y… Full Article
Let’s be honest: The VA appraisal has a reputation of being problematic. But it doesn't have to be. With a little knowledge and a watchful eye, you can help guide your buyers to properties that will easily meet the VA's Minimum Property Requirements. Boost your VA appraisal … Full Article
CREDIT. Encompassing FICO scores, income, debt and employment, credit plays a huge role in the VA loan process. Fortunately for veterans and active-duty service members, VA loans feature relaxed credit requirements when compared to conventional loan programs. Wondering what… Full Article
Real EstateA good credit score is an excellent starting point for anyone considering a VA loan. But what exactly is a good credit score? Does the VA have a credit score minimum? How do VA cre… Full Article
The VA appraisal is a unique evaluation of properties financed by VA loans. And with its unique guidelines, the VA appraisal is worth careful study by buyers and agents alike. Need a study guide along the way? Let’s take a look at eight things buyers and agents must underst… Full Article
The meaning of earnest money is in the name -- it’s a deposit of good faith on a home loan from buyer to seller. An earnest money deposit will set your offer apart from other applicants, and it's generally an accepted part of the VA loan process. Buyer Protection Breaking o… Full Article
Real EstateA good credit score is an excellent starting point for anyone considering a VA loan. But what exactly is a good credit score? Does the VA have a credit score minimum? How do VA cre… Full Article
It’s the “information age,” not the “good information age.” Accurate information on any topic can be hard to find, and the VA loan process is no exception. From inaccuracies posted on message boards to bad blogs, there is an abundance of VA loan myths out there. Let’… Full Article