Tag: Homebuyer

Posted on 01/01/2024

Assuming a VA Loan: Benefits & Drawbacks to Consider

Assuming a loan allows you to take over the mortgage of another homeowner. Doing so allows you to skip the long, expensive process of applying for a brand new mortgage. While there's still paperwork involved, it can be a very convenient option. Assuming a VA loan has its own set of specific pros and cons for military buyers...

Assuming Loans

Homebuyer

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Posted on 06/05/2023

Understanding Who Is Eligible for a VA Loan

A loan from the U.S. Department of Veteran Affairs can be an excellent choice for financing a home purchase. While VA benefits are generally reserved for veterans, there are a few exceptions with mortgage programs. Here are some other ways you could be eligible for a VA loan: Active Duty Fortunately, you don't have to have served in...

Active Duty

Eligibility

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Posted on 12/12/2022

Renting vs Buying: Questions to Ask

How do you know if it’s better to buy or rent a home? With so much to consider, this big life decision may seem overwhelming. However, as long as you focus on some key questions, you can make the best choice. Here are the questions to ask yourself if you’re trying to decide between renting and buying: What’s...

Buying

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Posted on 06/27/2021

Reasons to Back Out of Your Contract

Photo by Gerd Altmann via PixabayOnce you sign a purchase agreement, whether you are the buyer or seller, it is very difficult to back out of it. However, as a buyer, you are able to back out if your real estate agent drafts the contract properly. Real estate agents use a standard contract. That does not mean that...

Contract

Home Seller

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