There are plenty of houses/condos on the market in very good condition. Choose wisely something reasonable in price that you can easily afford and try your best offer. Good luck with your search!
Lance King/Owner-Managing Broker
Now, many times I have heard folks speak poorly of FHA and VA because of the low downpa yment required and somehow that makes for a less "quality" offer. It really boils down to FHA and VA have stricter property condition policies, so the seller may be cornered into a new roof, new paint, or other items before they can close.
In terms of VA taking longer, seems to me that is hogwash. It used to be a VA Appraisal took longer, but that seems to be a thing of the past, and even when they did take longer, it was maybe a week longer, not really impacting the total process.
My suggestion is find an agent that appreciates your service to our country, and understands part of the way you are COMPENSATED for your contribution to his freedom is through the VA Loan process. The VA loan should not only be appreciated, but moved to the front of the offer line, in my opinion.
Thank you for your service.
If the property has been on the market for some time, it probably won't be an issue.
Thanks for the question. If I can help you, just let me know.
Danielle Sweet, ZipRealty, Inc.
Realtor®, Licensed in CA, #01921756
916.934.2120 | Fax: 877.625.2296
My profile: http://www.ziprealty.com/agent/dsweet
1) Select a property that requires no section 1 pest work as a VA Loan requires it and many sellers won't agree to do the work.
2) Have an experienced buyers agent who knows home values in the area and can write a competitive offer not overburdened with seller expense items.
3) Make sure the loan officer is highly knowledgeable and experienced in processing VA loans.
I just did one in 23 days, start to finish
Sellers/Listing agents should not shy away from a VA loan. Our veterans deserve to be able to use this benefit for their many sacrifices
Just closed a VA purchase last week in 24 days. Come see me!
Good luck to you!
Multiple offers are certainly a reality in our entry level market and VA isn't the most attractive to sellers so if you are getting turned away due to the investor competition then a new strategy might be in order. Pulling out ot the market all together isn't going to solve your problem of finding a place to live. I would suggest you expand your search and ask your agent to offer alternative solutions other than waiting. Sometimes you have to lower your expectations in order to get an offer accepted.This is where good counsel comes in to help you assess your needs/wants list and determine a proactive course of action.