VA loans

VA Foreclosures

In May, foreclosures fell about 3 percent, according to RealtyTrac, an aggregator of foreclosed property listings. It’s not a big decrease, but it is at least a drop. Given the economic climate of the last few years and deteriorating housing market, foreclosures are commonplace. But May 2010 saw the fewest default notices since November 2008. …

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HUD and VA Make Strides to Help Homeless Vets

With more and more U.S. veterans living on the streets each year, Housing and Urban Development (HUD) plus the Department of Veteran Affairs (VA) is trying to counteract the problem with a $58.6 million funded rehabilitation and rental assistance program that will get nearly 8,000 homeless service men and women into homes. HUD Secretary Shaun …

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Saving with the help of VA loans

Serving our country can put pressure on families who have to relocate often or part with a military member serving overseas. Frequent relocation, whether from base-to-base or country-to-country, makes saving money a daunting task. Without financial reserves, purchasing a home appears daunting thanks to down payments and closing costs. However, the Veterans Affairs Home Loan …

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Medical Backlog

In the electronic age overflowing with new gadgets, it’s a wonder why the Department of Veterans Affairs struggles with disability claims and medical records. Even though customers can now order Jimmy John’s sandwiches from their cell phones, the VA still depends on a paper-based system. Consequently, veterans come home only to continue battling the bureaucracy …

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Homebuyer Tax Credit Extension for Military Personnel

The real estate market was booming this year due to the exciting $8,000 tax credit offered to first-time homebuyers.  Although, the opportunity has passed for most, the government extended the deadline for military personnel and their families, paying them back for their extraordinary service to our country. “Qualified service members” now have until April 30, …

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