Search Results for: no-money-down-first-time-buyer-fha-va-in-hoffman-estate

Why is Dual Agency in Real Estate Bad

Why is Dual Agency in Real Estate Bad?

Dual agency in real estate transactions should be avoided at all costs. A buyer and the seller hire a real estate agent for guidance and expertise. When you agree to a dual agent, you give up what you want from an agent.

FHA Loan Limits

FHA Loan Limits

According to a recent update from the Federal Housing Administration, also called FHA, there are higher loan limits available. All areas around the country will benefit from the FHA floor maximum loan limit of $498,257. This amount is the new maximum for a single-family home. FHA also offers financing for multi-unit homes, up to a […]

Wisconsin FHA Loan Limits

Wisconsin FHA Loan Limits

To help homebuyers in Wisconsin, there are government-backed programs to make buying a home more affordable. The FHA home loan program offers buyers an attractive loan that could make buying a home easier. There are many reasons why choosing an FHA home loan could be your best option, but there are some restrictions with this […]

Virginia FHA Loans: Program Requirements and Guidelines

Virginia FHA Loans

Qualify for an FHA Loan in Virginia You’ve probably heard of FHA loans when thinking about buying a home in Virginia, but is it the best option for you? It is a popular choice, not only for first-time home buyers, and there are many reasons to seriously consider this type of mortgage. We look at […]

Real Estate Scams to Avoid

8 common real estate scams used to trick both home buyers and home sellers. Plus, tips on how to avoid these scams.

Michigan VA Loan: Program Requirements and Guidelines

Michigan VA Loan Requirements and Guidelines

How To Get A VA Loan in Michigan If you are currently serving in the military or you are a veteran, you could be eligible for a VA loan to help you purchase a home in Michigan. The VA loan offers many advantages to help current and former service members purchase a home with better […]

Pros and Cons of FHA 203k Loan

Pros and Cons of FHA 203k Loan

The FHA 203k loan is a good way to buy a home and also get the extra money that can be used for renovations, repairs or both. There are good points and bad points to the loan and all of these should be considered before making a decision to purchase a property.

VA Minimum Property Requirements l 18 Rules Veterans Should Know

VA Minimum Property Requirements

When using a mortgage lender, the purchase of a home will always require an appraisal. However, the Veterans Administration goes an extra step with their loans by providing a home appraiser to determine if the property meets VA minimum property requirements.