Kathryn Vatsula's Blog

 The VA Renovation Loan allows the client to add the costs of a rehab to the loan if you are purchasing a home or refinancing. This is a great avenue for Realtors to assist Veterans or Active Duty purchase a home in a desireable area AND make home improvements, like add new carpet, paint, kitchen...

It’s all about location, location, location – with a dash or two of compromise – as millennials, the nation’s largest demographic group at 90 million strong, is poised to dominate the home buying market.While generalities about this group may ring true: This generation prefers experiences over th...

The Benefits and Limitations of a VA Home Loan Millions of people in the US are eligible for home financing with a VA home loan, and even though many veterans may have already used their VA loan benefits, it is possible to purchase a home again with VA financing by either using the loan entitleme...

 Before reading the following tips for effective open house advertising, there are a few things you should consider. Some real estate agents believe open houses are unnecessary because they take up so much time. However, experienced agents know that while most homes do not sell because of open ho...

Since mortgage giants Fannie Mae and Freddie Mac announced last year special rules for when a property does not need a traditional in-person appraisal, only about 5 percent of Fannie’s 1.2 million home mortgages—or 60,000—have qualified, The Washington Post reports. Freddie estimates that, eventu...

It is not cheaper for the client to be moved to a conventional loan when they qualify for a VA home loan. Let's say the Veteran want to benefit from the Zero Down Payment opportunity (even if they have funds). No down, NO Mortgage Insurance. The Veteran is also not supposed to pay the escrow fee ...

The VA home loan is a fantastic home loan program for Veterans. Here are a few of the VA home loan Myths: Zero down = weak buyerVA home loans take longer to closeVA home loans are harder to get through UnderwritingSeller has to pay for VA feesVA appraisals are tougher  VA Facts Median Fico is 741...

Young Adults Feel Crushed by Rate, Price Hikes Daily Real Estate News | Wednesday, April 04, 2018 The rising cost of purchasing a home is finally sinking in for home buyers and changing their house hunt, particularly for millennials.  Seventy-nine percent of all consumer age groups recently surve...

SHORT SALEINFORMATION FOR SELLERS If you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your t...

7 reasons to own your home1. Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, as well as some of the costs involved in buying your home.2. Appreciation. Real estate has long-term, stable growth in value. While year-to-year fluctuations are ...