Two of the main benefits when you get a VA loan to buy a home vs. renting are; #1 when you buy, you get to deduct the VA loan interest + property taxes and pay less income tax. And #2 when you have a fully amortized VA mortgage, every month when you make your mortgage payment, you pay down part of the principle of [...]
June 2010
During recessions and difficult economies, personal bankruptcies often rise as people lose their jobs and have difficulty paying their bills. The most popular form of personal bankruptcy is a Chapter 7 bankruptcy. The good news is active military and veterans can qualify VA loan to buy a new primary residence only two years after your [...]
As any buyer out there looking for a home to buy in California can see, there are a lot of short sales listed for sale. It is very likely those active military and veterans that qualify VA loan and that are using their VA loan benefits, will be making offers on many short sales on their journey to purchase their home. [...]
As we all are aware of, many homebuyers have gone through hard times the last few years with high unemployment rates and falling home values. And some former home owners have lost their homes to foreclosure in the last few years. The good news for VA eligible active military and veterans who are eligible to [...]
