Sellers
Should you consider an offer from a VA Home Buyer?
Many sellers believe that all conventional lending is better than VA lending, but that’s not always true. In fact, there are many benefits to working with a VA buyer. We break down what you need to know on this page. If you have questions about the process, please reach out to us.
We’re thankful for the service of our military service members and Veterans.
What are VA Loans?
VA home loans are mortgages where a portion of the balance is backed The Department of Veterans Affairs (VA). These mortgages help Veterans, service members, and eligible surviving spouses buy a home.
Myth: All Conventional lending is better than VA Lending for sellers
Unique Benefits of VA Loans for Sellers
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Tidewater Process:
This unique VA feature allows for a second chance at achieving the agreed purchase price if the initial appraisal falls short.
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No PMI for Buyers:
VA loans don’t require Private Mortgage Insurance, even with 100% financing. This can allow VA buyers to afford higher-priced homes, potentially expanding your buyer pool.
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Guaranteed Backing:
VA loans are partially guaranteed by the government, which can provide additional security for the transaction.
Do you have more questions about selling your home or VA Loans? Our agents at KENARRI real estate division are trained on all types of mortgage. Call us.
