Veterans: Loan program designed to help buy a home are hurting our chances

Veterans

By Ameera David

The Metro-Detroit housing market is finally heating up again after years of decline. Currently inventory is low, but demand is high.

Real estate agents tell us homes are going so quickly that you need to be ready to make an offer the same day you see a home.

Veterans searching for homes say they are having an even more difficult time landing a home contract because of the loan they are using to finance the property. They say the VA loan, which is supposed to be a benefit, is putting them at an unfair disadvantage.

Tammy Paulson and her husband, Army Veteran Robert Paulson, were excited about the search for a brand new home.

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Posted by on September 8, 2017, With 0 Reads, Filed under Economy, Of Interest. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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