Bruce Reichstein's (brucereichstein) Blog

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ARCHIVED BLOG POSTS

2010 

Today there’s no special advice on buying and selling real estate here, just a simple message of thanks for our men and women in uniform. I was asked recently about the nature of Memorial Day. Someone close to me asked, “Who is Memorial Day for? Is it to remember the dead, or is it for everyone i...
05/31/2010
Experienced real estate agents know their clients are as diverse as America itself. You get all kinds—the well informed the totally lost, and plenty of shades of grey in between. It’s the same for your potential military homeowners, too. Some know exactly what they’re entitled to in terms of mili...
05/28/2010
In yesterday’s blog post we talked about the difference between an existing condition in a home that a VA appraiser could spot and require repairs or corrections for as required in the inspection process and a home that lies in a flood plain or is located in an area known for forest fires, mud sl...
05/27/2010
When veterans in Texas shop for a new home and a VA mortgage, chances are they’re already familiar with local issues such as foundation repair or maintenance. Military people in the Dakotas shopping for a new home along a potential flood plain have decisions to make when it comes to flood insuran...
05/26/2010
Finding your local military community is easy in a community with high-profile military bases. Everyone in San Antonio, Texas knows about Lackland Air Force Base, people in the St. Louis area are familiar with nearby Scott Air Force Base, and Fort Bragg in North Carolina is one of the most active...
05/25/2010
When military clients start looking for a new home, there are always plenty of questions. The experienced house hunter may know all about occupancy rules and VA eligibility requirements, but if your prospective client is moving out of a traditional home and in the market for a condo, where do the...
05/24/2010
Military house hunters don’t have to look for traditional single-family homes when considering applying for a VA home loan. VA mortgages can be used for condos, duplexes, and multi-family units as long as the buyer makes one of those units their primary residence. Do the rules for VA home loans c...
05/21/2010
Many veterans and active duty service members want to buy and own homes in traditional neighborhoods, but those who live in the city often have questions about the nature of the property they want to buy when it comes to zoning laws. If your client wants to buy a condo that is in a mixed commerci...
05/20/2010
When a military member (current or former) decides to use their VA home loan benefits to buy a house, they have many options available to them. Some options are based on need, like the specially adapted housing grants available to qualifying disabled vets and active service members. Others are ba...
05/19/2010
When a veteran or active duty servicemember decides to take out a VA loan and go house hunting, their search is governed by a number of things—the usual home loan borrower concerns are obviously there, but on top of budget constraints, credit limits and other consumer-related issues, the Departme...
05/18/2010
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