Tag: Homebuyer

Posted on 05/01/2024

First-Time Homebuyer Loan Options Available to Veterans

The U.S. Department of Veteran Affairs offers financing options for first-time homebuyers who've served in the military. Knowing the different kinds of VA loans available will help you determine the best option for your home buying plans. It can also help you prepare for the application process and find your eligibility. Here are the basic types of VA...

First Time Homebuyer

Homebuyer

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Posted on 02/07/2024

The Major Benefits & Drawbacks to VA Loans

If you're a veteran, a VA loan might seem like the perfect option for financing a home. However, there are some important differences between VA and conventional loans which could affect your decision. Here are some of the major pros and cons of VA loans to help you make the best financial choice: VA Loan Pros No Down...

Funding Fee

Homebuyer

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Posted on 01/10/2024

Here's what you should know about trading houses in real estate

House trading is a type of real estate transaction both...

Homebuyer

Home Seller

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Posted on 01/04/2023

Are Your Eligible for a VA Loan? Basic Info to Know

A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...

Active Duty

Eligibility

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Posted on 06/01/2022

A basic guide to the new construction home-buying process

The new construction home-buying process differs from the buying process for an existing home. While many of the steps are similar, new construction homes come with more specific requirements. Here is a basic step-by-step guide to the buying process for a new construction home: Create a budget With new construction homes, you have to account for your ongoing...

Construction

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Posted on 05/25/2022

3 Major Benefits of Assuming a VA Loan

Assuming a VA loan can be a convenient and cost-effective way for veterans to finance a new home. By assuming a loan, the buyer can take over an existing mortgage when buying a home. Loan assumption can have numerous advantages for the buyer and seller, and is considered an often overlooked VA benefit. Here are some major reasons...

Assuming Loans

Homebuyer

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Posted on 01/05/2022

Here's Why First-Time Homebuyers Should Consider Condos

Image by StockSnap from Pixabay First-time homebuyers have more choices than ever before when it comes to picking a home. While for many, a home translates to “house” there are other home ownership options to consider. Condominiums, or condos, are an excellent choice for first-time buyers for several reasons. Depending on where you live, they might be more...

First Time Buyer

Condo

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