Any good agent knows that an appraisal can make or break a real estate transaction. As a military-friendly real estate agent, it’s certainly in your best interest to be familiar with VA appraisal guidelines. All properties financed through a VA loan must undergo a VA appraisal and meet VA Minimum Property Requirements (MPRs). Some MPRs are ver… Full Article
The unbeatable benefits of the VA loan program aren’t bestowed on every property that catches a military buyer’s eye. In order to garner VA approval, every home must undergo a VA appraisal. And although the VA appraisal has a reputation for being rigorous, its intentio… Full Article
Real EstateProviding top-notch service to military house hunters doesn’t stop with neighborhood recommendations and home tours. Financing is often the most complex part of buying a home … Full Article
Lead-based paint can raise concerns for 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. The United States celebrated a major public health victory in the 1970s a… 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
Real EstateThe VA appraisal is a unique evaluation of properties financed with VA loans in order to determine a fair market value of the property you wish to purchase. The VA appraisal is man… 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 Brea… 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