The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program:
"The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service. . . ."
As people realize their needs are changing, some are turning to luxury housing to find their dream home. A luxury home isn't only defined by its price, location is also an important factor. It could be a condo at a desirable city address, a spacious home on the water, or one with access to luxury activities like arts and entertainment, high-end shopping, dining, and more. The home itself will also boast some of the finest features available.
According to the Luxury Market Report from the Institute for Luxury Home Marketing, there's been a substanti...
If you are planning to purchase a home, you may have wondered what would be involved in purchasing a foreclosure. Historically you can purchase a foreclosed home for less than if it were being sold traditionally. While you may be able to get a "good deal" on a home this way, there are a few things you should be aware of.
Most foreclosed homes are sold "as-is" which means there will be no repairs done to the home after accepting an offer. As a buyer, you must be prepared to do an inspection after clos...
Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home.
Where we live has become, more than ever, our safe space and our getaway. And with the rise in remote work, more people are reconsidering where they want to live and buying second homes to give them greater flexibility. If you fall in that category, here are just a few of the perks you'll enjoy, and how owning a second home m...
Is your household growing, even though your home is at capacity? If you have additional loved ones coming to live with you, but not enough space, it may be time to consider a larger, multigenerational home.
A Multigenerational home typically has two or more adult generations living together. This may include siblings, parents, grandparents, or adult children.
This way of living has grown in popularity over the past decade. In 2021, roughly 1 out of every 10 homebuyers purchased a mult...
Are you buying a home and wondering if the home inspection is necessary? The simple answer is, yes. A home inspection assesses the condition of a home.
What does a home inspector look for?
While it varies from state to state, inspectors generally look for major items in a home that may need repairs. A few of these include:
Purchasing a home is one of the most significant purchases you will make. Getting an inspection ensures you know what condition the home is in to avoid costly surprises down the road.
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you're not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you'll need to budget for throughout the process. To get you started, here are a few things you should plan for along the way:
Giving your curb appeal a boost before you sell is an important step that shouldn't be ignored. If you are thinking of selling, focusing on a few quick and easy updates can help your home look its best. Good landscaping makes a good first impression. 78% of real estate agents polled say poor landscaping affects property values. As a seller, your yard could impact your bottom line. Getting more buyers in the front door of your home means more potential offers on the table. When the exterior of a home is run down or not well-kept, buyers may perceive that the interior is also in the same ...