Tips for Veterans When Buying a Home

It’s Memorial Day, the housing market and the weather are heating up, and we thought today’s article should be directed to our men and women in uniform. Today’s topic? VA Loans.
First, and foremost, you want an agent who is familiar with VA loans and the VA system. There are nuances to how theese loans work. Specifically, VA loans require that the property meet their specification; they will send a VA loan appraiser to the property with those requirements in mind. A skilled agent can navigate these complex waters and having your own personal expert will result in you saving real world dollars. The agents at the Chernov Team have dealt with many VA loans, and are familiar with the ins-and-outs of the system; they can guide you to your dream home. 
Next, though this isn’t exclusively for VA loans, stay in communication with your lender. Surprisingly, about 33% of veterans looking to buy don’t even know that they can get help from the VA when buying a home. One of the biggest benefits to these types of loans is the ability to purchase a home with zero money down (us normies need between 10-  20% of a home’s value as a down payment). While it is less exciting right now, VA loans also have extremely low interest rates. There are a lot of benefits to having served in the military when it comes to buying a home. 
Finally, do not make big purchases before the deal closes. The fact of the matter is that up until closing, your credit score matters; VA loans have requirements in that department, and you don’t want to jeopardize your dream home for a sweet new ATV, right? Buy it after, it’ll look pretty awesome in the driveway of a home you own.
At the Chernov Team we understand that knowledge is power, and knowledge of how to better assist the men and women of our armed services in the pursuit of their dream homes is powerful knowledge indeed. At the Chernov Team we know that whoever comes to the table most prepared leaves with the most, and the Chernov Team always leaves the table with the most.