All the best,
Century 21 Tenace
This is work that the sellers do not want to deal with unless they have no choice or it is easy and there is not much work.
I recently got a buyer into a home in San Mateo with a VA loan.
We had the highest price and the section 1 work was less than $200 and easy to do.
Unfortunately most homes have more work required than this particular home.
Your best chance to take advantage of the VA loan is to find a house in good shape with little work required to get the section 1 clearance or to find a home that there are no other offers.
All the Best,
I think there are misconceptions about VA financing that may pose a challenge for a Veteran shopping for a home. Those misconceptions can work against you when you present offers and you are competing against other qualified Buyers.
In my experience if you are working with a great Realtor and Mortgage Banker who are both experienced in and understand the VA Loan Program, they can help communicate the facts about VA Financing to a Seller and Seller's Agent, thus removing the obstacles from your path towards homeownership.
Find yourself an experienced Local Mortgage Banker who specializes in VA Guaranteed loans and get Prequalified; that should be your starting point. You can then lean on your Mortgage Banker for specific questions of this sort so that you are guided in making the best choice for your family.
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
If you keep plugging away at it, you will get a property. Some additional tips....As a VA buyer, I would try to bid a bit higher than other other offers on the table. Sometimes a higher price point will offset the perceived negatives of a VA loan. Also, look for homes that are perhaps a tad less popular, a little out of the way. If you're always bidding on the homes that are getting 20+ offers, your chances are much slimmer.
Best of luck to you.
You can certainly keep trying, but you were our client I would be counseling you to look for places that have been on the market for a little while as they will likely be more receptive to such an offer.
Lance King/Owner-Managing Broker
Mortgage Center Corp
199 California Dr. #200
Millbrae, CA 94030