Tag: Homebuyer

Posted on 04/07/2024
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...
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Posted on 05/21/2023
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...
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Posted on 01/29/2023
A First-Time Homebuyer's Guide to VA Loans
If you've served in the U.S. military, a VA loan might be an excellent way to finance your first home. If you're interested in using this benefit, it's important to know the steps involved. Here is a basic guide to buying your first home with a VA loan: Get Your Certificate of Eligibility A certificate of eligibility from...
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Posted on 12/18/2022
How to Make Home Buying Less Stressful
40% of all homebuyers report that buying a home is one of the most stressful events in their lives. There are many sources of stress, but the more prepared you are, the better you’ll be able to handle them. Here are some tips for handling the most common stresses of buying a home: Find the Right Real Estate...
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Posted on 10/10/2021
The Pros & Cons of Condo Living for First-Time Homebuyers
Image by Free-Photos from Pixabay Condominiums can be an excellent option for first-time homebuyers. With lower upfront costs and great perks, a condo can definitely outshine a traditional detached home in many respects. However, even for new buyers a condo might not be the best choice. Here we will go over the main pros & cons of purchasing...
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Posted on 12/27/2020
Real Estate Contracts: Reasons for Backing Out
Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...
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Posted on 10/04/2020
Time for the Contract - What It Should Include
Photo by Mohamed Hassan via PixabayBuying and selling real estate is a complicated process that takes time. Because you are making a life decision and dealing with strangers, you should always have a valid purchase contract. Real estate agents use a standard contract, but the buyer and/or seller may make changes to that contract. In making changes, be...
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