Did you know that items that do not show up on a credit report, such as rental history or other monthly bills, can be evaluated as a type of credit history?  That’s right, you do not need to have a credit score on some loans in order to buy a home! All those bills that you regularly pay each month count as a credit history.  If this sounds like your situation or you have more questions, please message me to discuss financing your own home.

Did you know that items that do not show up on a credit report, such as rental history or other monthly bills, can be evaluated as a type of credit history?  That’s right, you do not need to have a credit score on some loans in order to buy a home! All those bills that you regularly pay each month count as a credit history.  If this sounds like your situation or you have more questions, please message me to discuss financing your own home.

ByBrandon Butler

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Private Roads & Shared Driveways – VA released an important update for Veterans buying homes that have access through a private road or shared driveway.  VA will no longer require a maintenance agreement from the HOA or a joint maintenance agreement from the owners of the private road.  This requirement was cumbersome to obtain, so removing it is a win for Veterans seeking home financing!
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Private Roads & Shared Driveways – VA released an important update for Veterans buying homes that have access through a private road or shared driveway.  VA will no longer require a maintenance agreement from the HOA or a joint maintenance agreement from the owners of the private road.  This requirement was cumbersome to obtain, so removing it is a win for Veterans seeking home financing!

ByBrandon Butler

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I’ve heard the term “Departing Residence” on a real estate blog. What does that mean?  A departing residence is the home that you currently own.  Sometimes, clients choose to rent out that home versus selling it when purchasing another home.  Home loan programs vary as to how the rental income on your departing residence will be counted to offset your present loan obligation.  That’s why it’s important to talk about your situation first, before looking at new homes.  Let’s talk and I’ll help you review those options.
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I’ve heard the term “Departing Residence” on a real estate blog. What does that mean?  A departing residence is the home that you currently own.  Sometimes, clients choose to rent out that home versus selling it when purchasing another home.  Home loan programs vary as to how the rental income on your departing residence will be counted to offset your present loan obligation.  That’s why it’s important to talk about your situation first, before looking at new homes.  Let’s talk and I’ll help you review those options.

ByBrandon Butler

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Who should be on a home sales contract? Some of my clients are fortunate to have family members that help them buy a home by co-signing on the loan.  The question is often asked, who should be on the sales contract? If a non-occupant co-borrower is not going to take title to the property, then they are not a buyer and are not on the sales contract.  If they are on the sales contract, then they would be included on the title.
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Who should be on a home sales contract? Some of my clients are fortunate to have family members that help them buy a home by co-signing on the loan.  The question is often asked, who should be on the sales contract? If a non-occupant co-borrower is not going to take title to the property, then they are not a buyer and are not on the sales contract.  If they are on the sales contract, then they would be included on the title.

ByBrandon Butler

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Great Neighborhood, Fantastic Schools, Sad Property Options?  Did you know that you can buy a home that needs some love and renovate it prior to moving in? Many of my clients find a great property but they don’t want to buy something that needs a lot of work.  That’s where renovation loans can solve the problem for small fixes like bathrooms and kitchens, all the way up to additions, or foundation repairs.  These are standard home financing programs that add a renovation option to complete the repairs before you move in. It’s easier than you may think!  If this sounds interesting to you, comment below and I’ll send you a fact sheet!
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Great Neighborhood, Fantastic Schools, Sad Property Options?  Did you know that you can buy a home that needs some love and renovate it prior to moving in? Many of my clients find a great property but they don’t want to buy something that needs a lot of work.  That’s where renovation loans can solve the problem for small fixes like bathrooms and kitchens, all the way up to additions, or foundation repairs.  These are standard home financing programs that add a renovation option to complete the repairs before you move in. It’s easier than you may think!  If this sounds interesting to you, comment below and I’ll send you a fact sheet!

ByBrandon Butler

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Can I Buy a Home After Bankruptcy? Bankruptcy is not an easy thing to go through and many people believe the myth that they cannot own a home after bankruptcy.  My clients know that I will guide them through the process of owning after bankruptcy.  You do not have to rent forever, so let’s talk or comment below and I will send you my fact sheet called “Credit Issues – Am I Ready to Buy?”
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Can I Buy a Home After Bankruptcy? Bankruptcy is not an easy thing to go through and many people believe the myth that they cannot own a home after bankruptcy.  My clients know that I will guide them through the process of owning after bankruptcy.  You do not have to rent forever, so let’s talk or comment below and I will send you my fact sheet called “Credit Issues – Am I Ready to Buy?”

ByBrandon Butler

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