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Boulder Real Estate Agent Terri Cox Provides VA Home Buyer Tips Boulder real estate agent Terri Cox, a veteran of the U.S. Navy offers insights and tips for other veterans that are looking to purchase property.

Purchasing a home or a piece of property offers a number of challenges for homebuyers. Veterans of the military are afforded various opportunities and incentives to help them purchase a home, but they also need to be aware of the numerous regulations and property requirements to qualify for VA assistance.

Terri Cox, a Boulder, Colorado real estate agent, is a veteran of the US Navy herself and offers a valuable amount of insight and information for veterans looking to purchase a new home.

“Right away, any veteran that is applying for a VA home loan, or is looking to buy a home,” says Terri Cox, “they need to contact a realtor that has knowledge and experience about the VA processes and how they work.” Terri says that nearly 30% of her clients this year are fellow veterans looking to make a home purchase. “VA home loans are open to all military veterans that were honorably discharged.”

There are a number of benefits afforded to veterans that purchase using a VA home loan. “VA loans are the best loans out there,” says Terri, “there are the only loans where it's 100% loan with no mortgage insurance and with interest rates that are lower than conventional loans.” Because of this type of loan being a popular option, Terri explains that there are a number of things veterans

should be aware of. “Ultimately, it's important for the property to be habitable and safe.” The VA will approve a home that is newer, or older and needs only minor repairs. If it's a home that requires a lot of work to be livable, the VA isn't likely to approve a loan for that type of property. “With the number of veterans that I work with, I have a good idea of what the VA will approve and what they wont. Any experienced realtor should be able to let you know what qualifies or help you find a property.”

Terri also wants to express the importance of making sure that people understand that condominium properties and subdivisions can be purchased using a VA home loan but they are subject to VA approval. Terri says “I have access to VA approved condos, and always check to see if a property is VA approved before I even send them to a buyer.” Her biggest tip for first time VA home buyers is that they make sure they're working with someone that understands the VA home process. “As a veteran myself,” she says, “I work with a lot of veterans, I know what it takes to ensure a smooth transaction for my clients. If you are searching for someone that knows the VA home loan process, Boulder real estate agent Terri Cox has a vast amount of experience, and knows

of the additional benefits that veterans can take advantage of. She can be reached via phone, or through her website. ### Terri Cox- Boulder Real Estate Agent 2425 Canyon Blvd., #110 Boulder, Colorado 80302 720-323-8460