How Veterans Can Compete in a Hot Housing Market | Peter Palivos, Chicago

Page 1

5/27/2021

How Veterans Can Compete in a Hot Housing Market | Peter Palivos Attorney | Las Vegas | Business & Law

a How Veterans Can Compete in a Hot Housing Market by Peter Palivos | May 6, 2021 | Las Vegas, Peter Palivos, Veterans

Veterans can compete in a hot housing market using these tips. Use Bene ts Provided by the Government America provides educational and nancial resources to military personnel after they complete their service. For example, veterans bene t from mortgage loans that do not require down payments or private mortgage insurance. In addition, veterans bene t from lower interest rates. These things enable veterans to purchase houses typically not in their price range. Embrace Storytelling Veterans can tell sellers about their military experience. This strategy can be useful when veterans think they will be outbid. It can work if the seller also comes from a military family. Veterans are happy to help other veterans. Buyers can write handwritten letters and include photographs. By including sentimental touches, veterans can strengthen their o ers even if they do not have the highest dollar amount. Get a Good Real Estate Agent Veterans should hire the best real estate agent they can nd. Do not go with a rookie. Instead, hire someone with years of experience. Ask if the agent has worked with veterans https://peterpalivos.org/how-veterans-can-compete-in-a-hot-housing-market/

1/4


5/27/2021

How Veterans Can Compete in a Hot Housing Market | Peter Palivos Attorney | Las Vegas | Business & Law

before. This is important because VA loans have speci c requirements. For example, they have caps on closing costs. They also require speci c appraisals and inspections. Real estate agents with no experience may have trouble handling these legal requirements. Therefore, veterans can save time and energy by going with someone more experienced. Talk to Other Veterans First-time homebuyers can talk to friends who have been through the process before. The friends can point out things the buyer may not be aware of. For example, veterans can access fee waivers depending on their disability rating. They should have extra cash on hand in case there are any issues. Also, friends can provide recommendations on loan o cers. They can advise buyers on the types of forms they must ll out. Consider the Suburbs Real estate prices have risen signi cantly in urban areas, such as New York City and Houston. Veterans who want to live somewhere else should think about the suburbs. Residents in these areas can still conveniently access major hubs by living close to a train station. Veterans who follow these tips will be able to achieve the American dream of homeownership.

Search

Recent Posts How Veterans Can Compete in a Hot Housing Market Spotlight: Wounded Warrior Project Top Organizations for Gun Safety President Joe Biden’s Plan for Gun Control The Best Mental Health Resources for Veterans

Archives May 2021 April 2021 March 2021 January 2021 https://peterpalivos.org/how-veterans-can-compete-in-a-hot-housing-market/

2/4


5/27/2021

How Veterans Can Compete in a Hot Housing Market | Peter Palivos Attorney | Las Vegas | Business & Law

December 2020 November 2020 October 2020 September 2020 August 2020 July 2020 June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 November 2019 October 2019 September 2019 July 2019 June 2019 May 2019 March 2019 February 2019 January 2019 December 2018 November 2018 September 2018 August 2018 July 2018 June 2018 May 2018 March 2018 February 2018 January 2018 December 2017 https://peterpalivos.org/how-veterans-can-compete-in-a-hot-housing-market/

3/4


5/27/2021

How Veterans Can Compete in a Hot Housing Market | Peter Palivos Attorney | Las Vegas | Business & Law

November 2017 October 2017

Categories Gun Control Las Vegas Law Peter Palivos Peter Palivos Attorney Schools Veterans

Meta Site Admin Log out Entries feed Comments feed WordPress.org

© Peter Palivos 2021

https://peterpalivos.org/how-veterans-can-compete-in-a-hot-housing-market/

4/4


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.