So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!
Buying a home can be intimidating if you are not familiar with the terms used during the process. To start you on your path with confidence, I have compiled a list of some of the most common terms used when buying a home.
Real Estate mogul, Sean Conlon, host of The Deed: Chicago on CNBC, was recently asked the question, should you buy? Or should you rent a house?
Veterans have a unique opportunity for home ownership. With a loan partially guaranteed by the Department of Veterans Affairs, eligible veterans can buy a home with $0 down. The VA isn’t a lender, it just promises to pay the lender up to 25% of the loan amount if the borrower defaults.
VA loans are the most misunderstood mortgage program in America. Industry professionals and consumers often receive incorrect data when they inquire about them. In fact, misconceptions about the government guaranteed home loan program are so prevalent that a recent VA survey found that approximately half of all military veterans do not understand it.
With this in mind, we would like to debunk the most common myths about VA Loans.