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Busting VA mortgage loan myths

Housing Wire

VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market. My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. A lot has changed and it’s time to remove the stigma.

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Yes, Cash Buyers Pay Closing Costs, and Sometimes Even the Seller’s Fees

HomeLight

Closing costs are assumed to be part of doing business in real estate, but do cash buyers pay closing costs? Yes, you can expect charges for attorney hours, taxes, plus title and recording fees to still apply, though the use of cash can greatly reduce a buyer’s closing costs with the elimination of mortgage fees.

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How To Finance Turnkey Rental Properties?

Norada Real Estate

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. ” But, if an investor does not have that much cash in hand, finance is required to meet the purchase price of an investment property. What is a Turnkey Rental Property?

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Options to Unlock Your Home Equity When Finances Are Tight

HomeLight

Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. Since your home’s value changes with the market, your home might be worth more or less than the price you paid. How Much Is Your Home Worth Now? Get Estimate.

Equity 101
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VA makes major change to America’s most underutilized mortgage program

Housing Wire

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. The program is separate from the broader VA loan program that is available to all veterans.

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Should You Buy a Home or Keep Renting? How To Decide in 7 Steps

Realtor.com

If not, you should first spend some time shoring up your finances. Qualifying for financing is a critical part of the home-buying journey. ® rent vs. buy calculator to see if the cost of homeownership is actually a better deal than renting given your location and budget. Can you afford the closing costs?

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Bridge Loans in New York: How to Unlock Home Equity to Buy Before You Sell

HomeLight

This balancing act becomes even more challenging in a market with low inventory and high prices. It’s a short-term financing option that helps you purchase a new home in New York before selling your old one, smoothing out the transition and fitting the pieces of your property puzzle together.

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