Massachusetts Real Estate Center, Lowell MA, Chelmsford MA, Ayer MA, Westford MA, Shirley MA


Do you dream of buying a home? If your answer is yes, then VA home loan can make it a reality. A VA home loan differs from the traditional mortgage home loan. It is essential to know if you are eligible to apply for a VA home loan and how it can help you purchase your own home.

What is VA Home Loan?  

A VA home loan is a loan for which veterans, active-duty service members, and some surviving spouses are eligible. Generally, VA loans feature better terms than a traditional mortgage, and it is easy to qualify. For many military borrowers, the flexibility and no-down payment nature of VA Home loan have made it the most reliable lending plan in the market. You may find it interesting that from 1944 until today, VA home loans have made over 20 million service members homeowners.

VA Home Loan- Eligibility requirements

To be eligible for a VA Home Loan, a person must meet one or more of the following criteria:

- You must have served 90 straight days of active service at the time of war.

- You must have served 181 days of active service. 

- You have accumulated six or more years of service in the Reserves or National Guards.

- Your spouse, who is a service member, becomes disabled or dies during service.

How Does VA Home Loan Work?

The first step to homeownership through VA home loan is to get pre-qualified. You will need to meet up with a VA lender to help you get an estimate of the price of the home you can afford based on your credit, income, and other financial factors.

After getting pre-qualified, the next thing to do is to pre-approve your loan. This will give you the power to take action when you see a home you love. When the preapproval process is complete, you will need to hire a knowledgeable VA agent to help you place an offer and negotiate with the seller.

If you and the seller have agreed concerning the price for the house, your lender will order a VA appraisal of the home. Also, underwriters will analyze your income, finance, and related documents. Next, get ready to sign several kinds of legal documents at your loan closing. After this, you will get the keys to your new home.

Here are some of the most important things to know about a VA home loan;

- It is reusable as long as you pay off the loan every time.

- You can only use it for specific homes.

- You can use it for a primary residence.

- It does not require mortgage insurance.

- It comes with a VA funding fee.

Even if you qualify for a VA home loan, take your time to think if owning a home is right for you. Consider the maintenance, property taxes, and Home upkeep. Renting may seem cheap. Before you go for a VA home loan, consult a home loan specialist.



This Multi-Family in Ayer, MA recently sold for $425,000. This style home was sold by Ron Morrison & Pat Bagni-Latimer - MA Real Estate Center.com.


41 E Main St, Ayer, MA 01432

Multi-Family

$475,000
Price
$425,000
Sale Price

3
Units
3,343
Approx. GLA
41 East Main St. is a stately piece of real estate that has broad appeal. Perfect for the investor who is looking for a three family with good returns on investment in a sought after downtown location. Perfect for the developer looking to buy a piece of property with income that has future development potential as over-sized lot has site plan approval from Ayer for an additional number of attached units (total units on property not to exceed 6). Perfect for anyone who appreciates the beautiful architecture, period details and a spacious yard. All but one unit rented, yearly gross income of $43,560. Site plan approval attached

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94 Snow Street, Fitchburg, MA 01420

Rental

$1,500
Price

7
Rooms
4
Beds
1
Baths
A rare find ! 4 bedrooms on the second level of this multi family home located local to Fitchburg State University. The entire unit has been professionally cleaned with paint refreshed, ready for your family to move in. The kitchen is a large eat in kitchen with open access to the living room. The bedrooms are freshly painted and some are very generously sized. This is a non-smoking, pet free building and has a local owner who takes great pride in the building and it's upkeep. Located local to the downtown area with access to the commuter rail station to Boston. Plenty of area shopping and activities, Mt Wachusett Ski area, Mohawk Trail, Great Wolf Lodge just to name a few. Is this your new apartment home ? Good Credit and Good References with proof of income will be required. The application forms and requirements are attached to this listing along with a questionnaire that needs to be submitted to schedule a tour.
Open House
Sunday
June 16 at 12:00 PM to 2:00 PM
Cannot make the Open Houses?
Location: 94 Snow Street, Fitchburg, MA 01420    Get Directions

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173 W Main St, Ayer, MA 01432

Rental

$1,000
Price

3
Rooms
1
Beds
1
Baths
This one bedroom single family home is just moments from the commuter rail station, downtown Ayer with is various eateries and the bicycle path to Pepperell or beyond. The unit has a washer and dryer hook up in the unit and plenty of closet space. The large bedroom will accommodate even a king size bed set. Eat in kitchen well adorned with cabinets and work space. Is this you next new single family rental home ?
Open House
No scheduled Open Houses

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No doubt about it, family life can be messy!

With you working all week, the kids going to school, and the dog, well, doing dog things, it doesn’t take long for the house to end up a mess. You manage to finish the dinner dishes but when you take a look around at everything else you just want to curl up on the sofa for the evening. Or, you look at the stack of decorator magazines on, or under, the coffee table and wonder how other people get it all done while you feel like a first-class failure (at housekeeping, that is).

Here’s the dirty little secret …

Nobody gets it all done by themselves. Comparing yourself to glossy magazines or social media is downright debilitating. And it’s unproductive because what you see on those pages isn’t real. Entire teams of designers, decorators, movers, and cleaners set up those spaces.

Getting real …

So, create a system that is real for you and your household. Don’t strive for perfection, do work at consistency instead. And first up … get everyone in the house on board.

Pick one simple thing and start there. Make that one thing the only thing you worry about getting done at the end of the day. Give everyone a part in the one thing. So … if every family member has a bin, basket, or plastic tub, their one thing is to collect all of their belongings from the living areas in their container and take it to their room each evening as they head for bed.

Kids can grab their toys, jackets, and shoes. Once the container reaches their room, don't worry too much about getting everything put away at first. You're creating a new habit, so working on the "removal from the living areas" first. After a couple of weeks of consistent follow-through, add just one more step. Try something simple like, put hang up your jacket on the hook, or put your shoes in the closet.

As each one thing becomes habitual, add one more. But don't add too many or something too difficult because that can backfire on you.

Make décor work for you …

Dripping pots of hydrangeas on artfully stacked books don’t work in a household of children, one living area where the coffee table holds cups and glasses, several electronics remote controllers, and today’s homework.

If what works for you is adding a flat basket to hold the controllers and gathering up the glasses at the end of the evening, don't complicate it by adding dust-catching décor that makes life more difficult, or gets in the way of your second grader's homework getting done.

Your home is about living life. Your life.

If you find your home no longer works for you, share your needs with a real estate professional that can help you decide if a new home is in your future.




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