The Real Estate Browser Volume 10, Issue 5 | Page 37

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Volume 10 Number 5 – Say you saw it in The Real Estate Browser of Lynchburg — 37
Veterans:
5 Must-Know Tricks
for Making an Offer
That Can’t Be Refused
By Angela Colley
There are a ton of benefits to buying a
home with a VA loan. You’ll pay less upfront
than other buyers. You might get a lower inter-
est rate. And you can use your benefits again
and again.
But although you may have a leg up on the
other guys when it comes to home financing,
making an offer on your dream home could
be trickier than you expect. VA loans work
a bit differently than conventional loans but
understanding VA and lender guidelines will
help you make the strongest purchase offer
possible.
Veterans: Check your eligibility for a $0
down VA loan if you haven’t already, and then
take this guidance to heart when you’re look-
ing for your dream home and making an offer.
1. Be cautious—but not dismissive—of older
homes
Before you get down to the business of
making an offer, you’ll need to ensure you’re
making an offer on the right kind of home.
When you’re buying with a VA loan, you’ll
have to get the home approved by an appraiser,
and the VA’s standards can be stricter than
those for the average home buyer. In short,
they want you to find a home in good condi-
tion. That leads many buyers to believe his-
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