Home Buyers
Article Archives - Real Estate
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VA Loans and Credit Score Minimums: Requirements Buyers Need to KnowCredit score requirements vary by lender. However, most lenders have similar criteria. Let's look at the minimum credit score for a VA loan and what lenders typically expect.
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VA Loan Certificate of Eligibility (COE): Why It's Important and How to Get OneYour Certificate of Eligibility (COE) verifies you meet the military service requirements for a VA loan. However, not everyone knows there are multiple ways to obtain your COE – some easier than others.
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VA Loan Down Payment RequirementsIn this article, we explore the VA loan down payment requirements. In most instances, Veterans do not need a down payment, but in some cases, it's required. Let's take a closer look.
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Earnest Money Deposits: Everything You Need To KnowWhen you're ready to make an offer, typically, the best way to show you're serious is by including earnest money. Below we detail what earnest money is, how to get it back, and what you need to know about contingency agreements.
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Sink or Swim? Using a VA Loan to Purchase a Home With a PoolYou can use a VA loan to buy a home with a pool. The VA's Minimum Property Requirements have no restrictions on pools except they must be safe, structurally sound and sanitary. -
4 VA Appraisal Dealbreakers (and How to Handle Them)Bad roofs and wet basements can create big challenges during the VA appraisal. Find out how to handle these and other VA appraisal problems.
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Using Your VA Loan for an AirbnbPurchasing a home with a VA loan is an exciting moment, but there are some limitations with what you can do with the property even after you close. Occupancy requirements are going to be the biggest hurdle for Veteran homebuyers, but that's not to say turning your home into an Airbnb is impossible.
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Using a VA Loan for Manufactured Homes or Modular HomesManufactured and modular homes are an attractive option for many VA borrowers, but must meet minimum property requirements and other guidelines specified by the lender. Some lenders may not be willing to finance these homes.
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8 Things You Must Know About VA AppraisalsVA appraisers use Minimum Property Requirements (MPRs) to evaluate your future home, and VA appraisals are different from home inspections. Before choosing a home, make sure you know MPR criteria. -
Buying Again? How to Save Big With a Veterans United Realty AgentVA-savvy real estate agents can make a huge difference, even for repeat homebuyers.
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6 Tips for Finding a Great ContractorMost homeowners hire a contractor at some point or another, whether it’s to remodel the kitchen, construct a shed, or just handle an assortment of smaller projects around the property. -
A Closer Look at the VA Amendment to ContractContracts to purchase homes often come with appraisal contingencies. These protect would-be buyers if the VA appraisal determines the home is worth less than what they agreed to pay.
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VA Loans & Age-Restricted CommunitiesHousing communities and developments with age restrictions have been around for decades. These are often gated developments or retirement communities with clubhouses, pools and other communal facilities, and typically at least one person in the household must be at least 55 years old.
