VA Loans: Are They Assumable?

Real Estate
Members of the military, their family members, and veterans have access to a unique mortgage option called a VA loan. This can be a strong option because it provides borrowers with an opportunity to purchase a house for less than 20 percent down. While not everyone is eligible for a VA loan, there are a lot of people who are wondering, are VA loans assumable? There are a few key points to keep in mind. What Is An Assumable Loan? An assumable loan means that the buyer is essentially going to take over the mortgage held by the seller. Essentially,…
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The Cost Of Building A House

Real Estate
Are you in the market for a new house? If so, you might be thinking about building your own house. It can be exciting to go through the process of building a house, as you will be in control of just about everything. On the other hand, how much is it going to cost you to build a house? You need to make sure you have an estimate before you decide to move forward with your project.  What Is The Actual Cost Of Building A House? First, it is important to go through the actual itemized list line by line.…
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Should You Sell Or Rent Your Primary Residence

Real Estate
Are you interested in purchasing a rental property? Instead of buying a new one, you might want to convert your primary residence into a rental property, particularly if you plan on moving in the near future. At the same time, you might think it is better to sell the property and take the cash instead. Which option is best for you? Potential Issues Converting Your Primary Residence To A Rental Property If you want to convert your primary residence into a rental property, there are a few important issues to keep in mind. First, you must make sure you have…
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