Don't Be Afraid of Your Home Loan

It is not uncommon for consumers AND real estate professionals to cringe when they hear certain loan types mentioned. A wall goes up and negotiations and business relationships fizzle.

FHA. USDA. VA.

Listen up. Don't be afraid.

It is important for everyone involved in a real estate transaction to understand that with ANY loan, there are guidelines, rules, criteria, and maybe just as important there are many misconceptions.

With inventory still low at the beginning of 2021's first quarter, buyers will want to make sure sellers are comfortable with their offer. The last thing you want is a seller or their Realtor taking your offer and immediately putting it in the "runner-up" pile when there are multiple offers.

I was successful in getting all of the USDA, VA and FHA deals for my Buyers AND Sellers to settlement in 2020 and the beginning of 2021.

I often have fellow Realtors, friends, enemies (ha!) ask me: "Why did the seller accept your offer? Your client has a VA Loan"? Or, "I don't get it, your listing sold and the buyer used a USDA loan?"

With every real estate deal there is risk. An offer with cash, no inspections, settlement in 14 days can go south very quickly.

Being informed and honest with everyone generally takes the "scare-factor" out of the loans mentioned above.

What's the trick? Communication and education. To go over all of the details isn't practical in a blog post. As a consumer you want to make sure to speak to your Realtor. Make sure they are informed, and maybe just as important --- not AFRAID. If you are a Realtor and think this is silly. Call me. Unless you " ... don't need no education ... ".

Land, Views, and Garages

In today's hectic world, a number of people are looking for some room to breath and relax. This might mean a house on a couple of acres. It might mean mountain views. It might mean a giant detached garage w/ it's own furnace. Sometimes, with a little luck, you can find all of those things in one location .

Housing Shortage or Thought Scarcity?: A Common Sense Proposal

Photo by Roberto Nickson from Pexels With low inventory, BOTH buyers and renters are having a challenging time getting into a home. A solution, one would think, is creating more available homes. A gut reaction would be to build big developments, with large homes or maybe a condo complex. But what if you could build a home on your current property and rent it out? I see small towns around me push back, and a common reason is "parking" . Meanwhile, a quick drive down their streets will show plenty of parking. And get this, the people that would shop in the now almost empty stores in their town wouldn't need to drive there - they would walk. Another pushback I hear is that a new structure will create too much non-permeable space . It's always an interesting thing to hear from a sector that listens and smiles - but does nothing - when I talk about clean water bills, riparian buffers, and other common sense solutions to a healthy local environment. The more I learn a...

Warm Up -- Add Value --- Get Money

Save some big bucks on your heating bill and get $300 credit from the federal government if you install a wood burning fireplace insert by the end of 2011. Read all about it here . You may not be ready to sell now, but when you do --- it's a good idea to have a leg up on your competition. Most people prefer to have an alternative heat source. Many of us found that out over the weekend during the "Halloween Snow Storm".

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