Why A Seller Should Always Consider A VA Offer

By
Real Estate Agent 276682

 

There's many myths about VA Mortgages and Veteran buyers that we need to dispell out there. Veteran home buyers are some the best borrowers out there and historically VA Mortgages perform better than just about any other home loan out there. I hear to often that a VA buyer's offer is being rejected due to unsubstantiated fears regarding VA appraisals, and other factors, sadly most of these fears are born in myth from years ago and are simply not true today.

 

If you are listing a home, or selling a home please take a few minutes to watch the video below to learn more about VA loans and why you should strongly consider a Veteran Home buyer who is using his VA benefit to purchase a home.

 

 

E Loans Mortgage Spring Hill FL

Posted by

 

                                        Steve Fingerman, E Loans Home Mortgage

Steve Fingerman

President

NMLS #276682

E Loans Mortgage Inc

4117 Mariner Blvd

Spring Hill FL, 34609

Office 352-688-7949 Cell 727-946-0904

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Comments (2)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Steve, sellers should accept VA offers!  Last spring I wrote 18 offers for one young couple, and always the 20% down CV loans won the bid, as we saw 10-25 offers submitted on one property.

Jan 17, 2017 06:55 AM
Steve Fingerman

I agree, assuming net is same a seller should always accept a VA deal. Funny thing is there's a common theme I see that a lot of folks think that a conv loan with 20% down is a safer bet because with 20% down if it does not appraise its still ok. That is a fals sense of security. Property still has to appraise, if it does not sure a borrower may qualify to raise the LTV, but they also have to agree to the PMI, and they also have to agree to use their cash to make up a defecit and they also have to qualify at the higher DTI with the PMI payment.


 

Jan 17, 2017 08:03 AM
Doris Freeman
Reliant Realty - Gallatin, TN
Broker/Agent, Realtor

I like to have my sellers consider ALL offers if they can net what they are looking for it really doesn't matter what kind of loan buyer gets.

Jan 17, 2017 06:55 AM