Day: February 11, 2014

Tucson Real Estate Agent Advice: Internet House Hunting

It can’t be denied that the Internet is one of the easiest ways to hunt for a new home. Your Tucson real estate agent often sees clients that use the Internet to find a short list of homes that they want to see. While the Internet can be a great tool for house hunting, there are some things that you should consider when house hunting online.
First, don’t forget your Tucson real estate agent. You might think that everything you need to buy a home is online, but in truth a Tucson real estate agent serves as a great advocate for more than the initial search. In fact, most homes will not allow you to see a home in person without connecting with a Tucson real estate agent. You will give yourself a real advantage when you use a Realtor during the home buying process.
Second, don’t fall in love with a home without seeing it in person. It is easy to put very selective photos on an online listing. In fact, your Tucson real estate agent will recommend that you highlight the home’s positive aspects in an online listing. When you see a home you like from the online listing, try to go to the showing with a level head so that you will be able to concentrate on some of the drawbacks on the home. It will help you secure a better deal on the house.
Finally, when searching for homes on the Internet, try not to be to restricting in your parameters. Many websites allow you to personally cater your search to the exact house that you want, down to the specific amenities. The problem with limiting your search too much is that you can leave out a house that could easily be improved with the features that you desire.
One of the best reasons to use the Internet for house hunting is that it allows you to look for houses without any commitment. In fact, your Tucson real estate agent can send you homes as soon as they come on the market. By using this great tool in the right way, you can fall in love with the perfect home for you.

Don’t Allow Your VA Loan To Go Into Foreclosure

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Are you contemplating a short sale with a VA-backed loan? If so, then you will want to keep watching because today I am going to discuss this. A VA loan is a government backed loan and of course the government hardly ever calls anything what everyone else does so a VA short sale is actually called a VA compromise sale.

VA compromise sales have been around for quite some time. If you are in a poor situation with a VA loan on a property, a compromise sale allows you to sell the property for less than what is owed, avoid having the property foreclosed on and they also have a relocation incentive of $1500 available to the homeowner. The biggest kicker is that if you complete a VA compromise sale you have the ability to re-establish your VA eligibility and get another VA loan later on in life. There are certain things you need to do to make this happen however it is completely possible. My understanding is that after a foreclosure on a VA loan it is nearly impossible for you to ever regain your VA eligibility and get another VA-backed loan. What I want to impress upon you is that if you have a VA loan and you’re running into problems with paying your mortgage one of the worst things you can do is let it go to foreclosure or do nothing.

The best thing to do if you can’t keep up with the payments and not keep the property, pick up the phone and give us a call or fill out the short sale request form on our website. We are very experienced in these types of loans so don’t jeopardize your VA eligibility and contact us to complete a short sale on your VA-backed home today.

About Shawn Polston

Shawn has been a Realtor since 2006. Prior to becoming an agent Shawn and his wife were active real estate investors. Shawn takes his education seriously; he’s taken over 200 hours of continuing education classes, to keep up-to-date on current laws and trends. Shawn is a member of the Arizona Association of Realtors Master of Real Estate Society and a Graduate of the Realtor Institute. He is also a HAFA certified Short Sales and Foreclosure Specialist in addition to being a National Association of Realtors Short Sale and Foreclosure Resource.