Buying or Selling a Home/va home loans

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Expert: - 5/28/2009


Question
I am a vet who will be looking for a house this summer/early fall with my wife; I have a great real estate agent, a mortgage agent that came recommend from another vet, and I plan to use my VA home loan benefits; since I am what my wife calls a “planning nut”, I want to make sure all of my bases are covered; can you think of any problems I can encounter while looking for a house in Phoenix using my VA benefits?
Thanks,
Jeff and Susan


Answer
Dear Jeff;
A VA benefit may have some restrictions and requirements that should be understood before beginning your search.  Once you understand what they will need...who pays for what...etc.  You should structure your offer on any home you decide on accordingly.  There is nothing worse than getting an accepted offer, going under contract and then finding out that the sellers are required to pay for something that they don't agree to.  It is extremely important that everyone understands who is responsible for what when doing a VA loan.  Many agents have never seen a VA loan and so one should never assume that they will advise their clients accordingly.

Good luck and best wishes,
Jessica Bryan

Buying or Selling a Home

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Jessica Bryan

Expertise

buying and selling process such as:
General questions from first time buyers
How to market a home
Why choose a REALTOR
How do I find a REALTOR
Should I consider buying or selling without a REALTOR--how much can I save
Should I remodel or move
How much can I expect to gain by fixing up my home before selling
Helpful tips when selling
Helpful tips when buying
finding a good mortgage loan
what is the difference between banks, mortgage bankers, and mortgage brokers
Questions from the general public, people thinking about getting their real estate license, newly licensed.
Fellow professionals who have interests in networking and how to get started
What is a market evaluation and how does it differ from an appraisal what are the different loan programs
services a REALTOR can perform
when to use a lawyer
when to use escrow
what are the regional differences in the buying and selling process
what is the MLS and how does it work
how can the layman access information on the web--listings and other information
These are just a few of the questions. I can suggest that if I am unable to answer a question I will refer the inquiry to a source that can.

Experience

Anyone who is in this business and who dedicates oneself to professionalism has continued to take classes and along with it,additional credentials, awards and honors. I can list a host of them, but my greatest accomplishments happen to be those of getting first time buyers (who didn't think they could afford to buy a home)into a home of their dreams. The look on their faces when I hand over the keys is worth all of the hard work.

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