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VA benefits - let's not forget about them or the men & women who earned them.

By
Real Estate Agent with Keller Williams Realty - Lakeside Market Center

VA home buyers program

 

This photo was taken New Years Eve 2002 and is a photo of me and my youngest son Nicholas when he was home during what is called "Exodus" leave.  He was in the beginning of his U.S. Army basic training and during the weeks around Christmas time and the New Years most if not all of the basic training units are sent home.   It was our first glimpse of him as GI Nick (nicknamed that by his older brother, Mr. Bachelor) and I was so proud of him and yet very much apprehensive and afraid because of the build up of our forces beginning in the Middle East.

GI Nick is home now, no longer a U.S. Army active duty soldier and I am grateful beyond words for his safe return from his 4+ years of traveling the world courtesy of our government.  (The only bright side for me was that they had to feed him for that time.  Honestly, I thought once they realized how much he ate they would consider sending him home.)

During a recent visit by GI Nick we talked about his future home ownership goals and using the VA benefits that he earned.  He didn't realize how easy the process is, how good of a product a VA mortgage is, nor that he was eligible for the product with only 4+ years of service.  I was shocked when he told me the latter as I thought the benefits was something that the recruiters (who are the worlds best salespeople) would have touted.

I have always been a strong advocate of VA benefits, especially the home ownership program that is available to those who have served our country.  One of the many questions I ask potential buyers is "Have you served in the military?"  I have been surprised at the number of veterans who served who didn't realize that the VA home ownership program applied to them.  Most of these men and women were mistaken and felt that they had to retire from the service in order to receive those benefits. 

One of the best and most accurately updated sources for information regarding the VA home ownership benefits information is:  http://www.homeloans.va.gov/lgyfaq.htm

You may also talk to your mortgage lender and he or she would be happy to go over the eligibility for you. 

One area of concern for quite a few of the veterans is the issue of paperwork that could be needed.  Please don't let that hinder you in making an inquiry! (It will not resemble the paperwork that you signed upon induction!) The VA process is streamlined and typical documents you will need you already have, your DD214 for example.  A certificate of eligibility is needed, however if your mortgage lender or banker is streamlined into VA they can obtain that for you.  There are many wonderful mortgage lenders in Macomb County Michigan and all across this grand country to help you and educate you about the loan and its process.

Please, let us all make a strong effort to ask future buyers about their past military service and remind them that they more than likely are eligible for a VA home loan.   They've earned the benefit, as they've also earned our respect and gratitude.

 

If you have any questions regarding purchasing a home with your earned VA benefit please don't hesitate to contact me.  I will answer all that I can, and research those questions that I do not readily have an answer to.

Thank you for your service!  Please, use the benefits that you earned!

 

Kris Wales RE/MAX Advantage 1, Inc.  A partner for your real estate needs servicing Macomb County
Michigan and the Metro Detroit area.
RE/MAX Advantage 1, Inc.
http://macombhomes.com

 

 

Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate

Kris, I am so glad he is home. What are his plans ? Your right on the VA benefits, they are under used. I think they will pick up now that the big mortages companies are getting rid of some of their products.

Welcome home GI Nick !! Thanks for all your service !

Aug 20, 2007 11:59 PM
Kris Wales
Keller Williams Realty - Lakeside Market Center - Macomb, MI
Real Estate Blog & Homes for Sale search site, Macomb County MI

Missy:  Thank you!!!  I still pinch myself when I see him (and hug the stuffing out of him)  He doesn't have any specific plans right now other than working (he is an assistant manager at a fast food chain and loving it!) and possibly resuming his college plans this winter. (He loves history and can see himself as teaching history on the high school level).  I think what he needs and craves right now is low pressure.  (that's the best way to put it.)  He is thinking of buying a condo as he feels his rent money is going to waste, and that is why we talked about VA mortgages. 

Aug 21, 2007 12:04 AM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate
My husband teaches history and social studies in Van Buren. Make sure he gets all the college benefits of his VA loan. My husband used every penny.
Aug 21, 2007 12:08 AM
Kris Wales
Keller Williams Realty - Lakeside Market Center - Macomb, MI
Real Estate Blog & Homes for Sale search site, Macomb County MI

Missy:  Your husband was smart, and Nick will be also.  (History and social studies is a wonderful mix!  I bet your husband loves it.) He plans on using every college benefit he can.  He took a couple of courses online while he was in Korea for a year and has those credits and plans on using all that he is entitled to now that he is out.

Aug 21, 2007 12:12 AM
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC
Hello Kris,
Good post and I am happy for you and your husband.  I work with military families a lot due to my close proximity to Camp Lejeune Marine base so most of the deals I am involved with are VA.  They are wonderful.  I read someone's blog recently that pointed out that VA is always best for military.  Thank you.
Aug 23, 2007 12:00 AM
Kris Wales
Keller Williams Realty - Lakeside Market Center - Macomb, MI
Real Estate Blog & Homes for Sale search site, Macomb County MI
Cynthia, thanks so much for the nice words.  I personally have worked with quite a few VA buyers as we have our wonderful Selfridge joint base here in my area, and my husband has retired from the armed forces.  It is a joy to work with past and present members of our military isn't it?
Aug 23, 2007 12:04 AM
Kenneth Miller
Jordan Hill Home Services, LLC - Berkley, MI
If you have a client who qualifies for VA, have them check with the inspector they hire to see if they have a discount.  I offer a discount for military and past military personell, provided they can provide proof of military service.
Aug 23, 2007 02:30 AM
Kris Wales
Keller Williams Realty - Lakeside Market Center - Macomb, MI
Real Estate Blog & Homes for Sale search site, Macomb County MI
Ken:  Wow, that is a great service you provide.  I'll definately tell any future VA buyers about it.  Thanks!
Aug 23, 2007 02:58 AM