article thumbnail

VA issues temporary fix to allow buyer-paid broker fees

Housing Wire

Department of Veterans Affairs (VA) on Tuesday issued a temporary fix that will allow homebuyers using VA loans to pay for their real estate agent’s commission — i.e., the buyer-broker fee. ” The VA also clarified that veterans can still ask sellers to cover these fees. ” The circular is effective Aug.

VA loan 513
article thumbnail

How real estate professionals can help first responders buy a home

Housing Wire

Ask your professional loan originator for the details and refer your clients to someone who specializes in these programs. Department of Housing and Urban Development (HUD) which is offered to public servants, such as first responders. Stop relying so heavily just on your MLS! VA loans are not well understood by many Realtors.

VA loan 386
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Agents fight misconceptions to win deals for military veteran clients

Housing Wire

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. There remains a belief among listing agents and their clients that the VA appraisal and closing process will be a hassle.

VA loan 378
article thumbnail

How real estate professionals can help first responders buy a home

Real Trends

Ask your professional loan originator for the details and refer your clients to someone who specializes in these programs. Department of Housing and Urban Development (HUD) which is offered to public servants, such as first responders. Stop relying so heavily just on your MLS! VA loans are not well understood by many Realtors.

VA loan 82
article thumbnail

How To Find Buyer & Seller Leads In The Current Market

Easy Agent Pro

Specializing in one clientele or the other is great for agents who have developed a system for properly handling either buyers or sellers and attracting that type of lead. For active military or veterans, serving this niche requires an understanding of service requirements, property requirements, and fees that are part of VA loans.

Marketing 104
article thumbnail

How to Find Comps for My House: An Illustrated Guide

HomeLight

Once upon a time, the only place you could find property data was the MLS (multiple listing service) , a series of private databases real estate professionals use to share listing information among one another and broker deals. Different loan types have different guidelines and criteria that the appraiser must meet,” says Swecker.

MLS 105
article thumbnail

Selling a House ‘As Is’ in North Carolina

HomeLight

MLS has field to mark a listing “as is”? Schaus does business in the area of Fort Bragg, which means that Department of Veterans Affairs home loans ( VA loans ) are used very often by buyers. Say they got an offer for $135,000 cash, but also a VA loan offer for $135,000. Disclosures. Harmony Homebuyers.

As-is 79