Real Estate - Page 3
Page 3 of 8 - Real Estate Article Archives
Expertise and insight to help real estate professionals better serve Veteran and military buyers
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4 Tips for Buying Distressed Properties With VA LoansThe ability to buy distressed properties that are in poor condition or at risk of foreclosure with VA loans is a key benefit for veteran homebuyers. Consider these tips before purchasing.
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Sellers: Is Your Home VA Loan Compliant?VA loans hold properties to a unique standard through the VA appraisal process. See some house features to regularly check so your home is VA compliant.
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Cheat Sheet: VA Appraisal Timelines By StateVA appraisals can take 10 business days to complete. Check our list of VA appraisal timeliness guidelines for all 50 states.
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An Overview of Property Types Eligible for VA LoansIs a condo, townhouse or modular home eligible for a VA home loan? Veteran homebuyers can use their VA loan benefit for new construction, but finding a VA lender for that process is difficult. -
How Long Does it Take to Close a VA Loan?The average closing timeline for VA buyers is marginally different from conventional loans. Here we take a look at the average time to close and what factors play into that timeline.
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The Importance of Being Earnest: All About Earnest Money Deposits
An earnest money deposit is a deposit of good faith on a home loan from a buyer to a seller. Including an earnest money deposit with your offer is a part of the VA home loan process and serves to protect VA buyers and sellers in a real estate transaction. Learn how earnest money might help you obtain the home you want.
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Why VA Loans Don't Require a Down PaymentIt’s true, the vast majority of VA borrowers don’t need a down payment. But, how’s that work and what’s the catch?
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VA Loan Basics: What is the Certificate of Eligibility?Your Certificate of Eligibility (COE) verifies you meet service requirements for a VA loan. However, not everyone knows there are multiple ways to obtain your COE – some easier than others.
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8 Things You Must Know About VA AppraisalsVA appraisers use Minimum Property Requirements (MPRs) to evaluate your future home, and VA appraisals are different from home inspections. Before choosing a home, make sure you know MPR criteria.
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How Much Can I Borrow With a VA Loan?Determining how much you can borrow may be more complex than you realize. Factors including DTI, residual income, and the property’s appraised value all play into this.
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How VA Appraisers Determine a Home’s ValueA VA loan can't be issued for more than the VA appraisal value. Wondering what a VA appraiser looks for in a home? The system boils down to four key steps.
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Roadmap to Success: Closing a VA Loan on a CondoAre your veteran homebuyers interested in living in the city? Know how to close on a condo with this 5 step guide to the VA loan condo approval process.
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How Buyers and Agents Can Handle Common VA Appraisal ProblemsThe two most common VA appraisal problems are low appraisal value and mandated repairs. Here's how any agent or buyer can address those challenges.
