I don't believe that agent even read your contract. 

I'm disgusted with agents who deny a VA buyer that benefit. 

This sounds like the same jackleg agent i lost a battle with some months ago.  Why in the world do agents insist on hurting veterans by refusing to learn???

My very first deal was a VA loan and the first loan officer I went with didn't have a clue (neither did I). I was trying to do a friend a favor and use their daughter as the loan officer. She almost totally killed the deal. We had to let her go and get a loan officer that had VA as her specialty.  The seller paid NO allowables...I don't understand what's so hard to get about that.

I feel very sorry for the clients who have to deal with this agent. Sad..

I think you hit it right on the head... teaching and learning.   Agents who have been in business a long time but don't close a lot of transactions don't have an opportunity (or a reason) to learn about VA loans.  They are operating off old information (and I mean OLD!).  It's a shame and I am so sorry your buyers got caught up in that.   For anyone who is interested, Sellers are not required to pay the unallowables if the buyer is not paying an origination fee.  Here at Fort Hood, I can't remember a transaction I've closed where a seller had to pay anything at all, since the buyer opted to take a rate that did not require an origination fee. 

And that's why it's always important to not only have a local lender....who knows our contracts and also VA loans...but in this case it helps if the agent knows enough to instruct the seller correctly. Can you believe that?  And that's why I don't care the length of time an agent has been in the business...it's the experience, knowledge and understanding of all is involved. 35 years .....wow.  The non allowables are not all that much anyway.  geez....LO's here eat it.

How unfortunate for all parties!  My husband and I actually lost a home several years ago, where the relo company/contract owner denied our VA offer, not comprehending that it didn't impact them one iota.  It was a home that I had listed and sold twice in the past, and always loved.  Our home was already sold, we were pre-aprroved, and we were the easiest buyers they ever could have had.  Their ignorance of VA did us in. 

Randy... I will agree with some of the comments..... it's even sad when the person that you are dealing with, even the other realtor, that doesn't listen to you the first time.  Not reads what you sent over. If someone doesn't understand, shouldn't they ask questions first before assuming?

You must have run into the same guy that is in my area, I think he is getting around.

Take care!

RJH

It's a shame some agents don't bother keeping up with the times.  It's not as though it's a difficult job but it is necessary to do our jobs properly. 

Lenn - I am still shaking my head

Leigh - The saddest part is the community he services is next to military installations and there are a lot of ex-military.  The majority of my sales in the area had VA loans.  I wonder how many he short changed with those ideas.

Linda - I have run in to several like him in the past, but with my letter and phone conversation was always able to walk them through it.

Mary - The loan officers I work with pick up the non-allowables.  They have been doing that for some time.

Sally - My loan officer even tried to call him after we found out to better update him for future reference.  No returned phone call as of yet.

Margaret - A great example of why it is so important to continually educate ourselves as agents.  Even after all those years in the business, some agents still do not have a clue.

Jeff - I couldn't agree more.  If I question something in an offer, I pick up the phone to clarify with the other agent before I speak to my client.  I do not want to give me clients misinformation.

Robert - There are many in every area.

Jesse & Kathy - It is critical we keep up.  This business is changing every day. 

Hi Randy,
Does it just not amaze and burn you when you must deal with someone who does not have a clue.  It sounds like this agent not only did not understand but closed his mind!  Sad, pitiful.

Cynthia - I think the closed his mind statement is right on the money.

Randy I run into that all the time here in Connecticut with our CHFA Loan Program.  There are still some Realtors just don’t get it and end up scaring their Sellers.  And it is even worst locally with the VA Loans, because most of our local Realtors do not understand this program at all.

I wish there was a way to be able to talk to the Sellers and show them what an idiot their Realtor is when this happens.

George - Those agents are causing harm to their clients.  Their brokers should have some responsibility.