Beltway Military Living | Buying and Selling
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  • Buying a home with a loan backed by the Department of Veterans Affairs (a VA Loan) can be a little more complicated than going with a traditional mortgage — and as we’ll discuss, the benefits are often worth the extra paperwork.

    Whether you’re active duty, reservist, veteran, or retiree, VA loan programs allow you obtain an extremely competitive interest rate, which is sometimes even better than conventional mortgage interest rates. Moreover, you can buy a home with as little as 0% down and no mortgage insurance. Ok, but you already knew that much.

Northern Virginia and Washington, D.C. have fantastic amenities and many, many options for living. From urban centers to rural-feeling communities, the region is frequently ranked among the top places to live in the United States. Here you can enjoy everything from beautiful national museums to amazing outdoor adventures.

 

So what do you need to know before you buy or sell? Let’s start with reviewing the local area Multiple Listing Service (MLS) housing report.

February 2017 Housing Report:

You do not have to pay the fee if you are a:

  • Veteran receiving VA compensation for a service-connected disability, or
  • Veteran who would be entitled to receive compensation for a service-connected disability if you did not receive retirement or active duty pay, or
  • Surviving spouse of a veteran who died in service or from a service-connected disability