Buying A Home

Veteran buys massive home soon after bankruptcy

by themightyquin

If your seeking a the VA mortgage in today’s economic climate I have learned  one thing for certain.  Expect the unexpected, always be prepared, and get ready to work overtime.  That’s our credo.   And frankly speaking… if you hear anyone tell you they never experienced any last minute surprises, you can rest assured they aren’t [...]

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US Army Veteran Buys Home And Gets Cash At Closing!

by themightyquin

Here are the highlights: We take a first time home buyer and from square one… get him into a brand new 3000 sq. ft. home in 60 days. We took care of ALL the details from start to finish We never saw our borrower until AFTER he moved into the home.. this proves you can [...]

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The Brutal Truth Behind Short Sales & Loan Modifications

by themightyquin

Part 1 Part 2 On today’s show we talk Short Sales and Loan Modifications…. Here’s what’s in store for you. We dig deeper behind the myths and controversy surrounding Short Sales Take a closer look at why 85% of most Realtors don’t have a clue how to do them properly. Discover the best ways to [...]

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Loan Officer or Realtor: Who Do You Get First?

by Vikki P.

This sounds like a chicken or egg question but should you get a loan officer or a real estate agent first?  Let’s break it down to help you decide: Realtor first! Believe it or not, real estate agents would want you to start with them.  A realtor would help you get to the right track [...]

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Good Faith Estimate 101 for Veterans

by themightyquin

One of the most important things that every veteran should know is how to evaluate a Good Faith Estimate or GFE.  A good faith estimate is not just a verbal quote of how much you are going to pay but it is actually a document required by the Real Estate Settlement Procedures Act (RESPA). If [...]

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To Pay or Not to Pay? The VA Loan Funding Fee

by Vikki P.

For guaranteed loans, the law requires the borrower to pay the VA Loan Funding Fee.  A veteran will be asked to pay this upfront during the final stage of the loan application process. Though VA home loans provide veterans a no-money-down benefit, a veteran is asked to pay the VA Funding Fee as a contribution [...]

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VA Loan Appraisals – Everything you need to know and more

by Toni

A VA appraisal is a critical step in funding a VA loan.  Let’s examine the appraisal process and highlight the key points every veteran should understand. Don’t try to order your own VA appraisal! The VA lender is responsible for ordering the appraisal.  This process normally takes place just after the borrower has submitted their [...]

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10 Things You Must Do After Buying a New Home

by Vikki P.

You finally closed on your new home. Congratulations! The process of checking credit reports, getting a VA loan to finance your purchase, finding a realtor, looking for a house, and moving are over so whats next? Update your address. Complete an official change of address form online or at a local post office to make [...]

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VA Loan Closing Costs 101

by Vikki P.

Whether you are applying for VA loan or any mortgage loan, a borrower has to pay the closing costs. But what exactly are you supposed to and not supposed to pay? If you’ve already began your research, you will notice words such as allowable and non-allowables. Veterans applying for VA mortgages or loans are only [...]

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4 VA Loan Myths Demystified

by Vikki P.

Researching is very crucial if you are currently considering a VA home loan. And while you’re at it, you can’t help but discover some funny information about getting this type of loan. Here are the truths behind the five of the most common VA loan myths: Myth No. 1: I have bankruptcy on my credit [...]

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