Real estate companies in Killeen or San Antonio Texas?

Question

My husband and I are looking to buy a home in Killeen or San Antonio Taxas. My husband is in the military so we want to use his VA benifits. Does anyone know a good real estate company that works with VA loans and can help us. We are first time buyers and really need help. If you could please leave links.

Answer 1

I should think by now your email box is full of people who want to help you. PLEASE beware! As first timers you are sitting ducks to the less that stellar who visit this site as well as those with true knowledge and the ability to help you.

Answer 2

Here are two different options for you.

1 - Get a Tex-Vet VA loan. The interest rates are lower than the regular going rates. Go to USAA for your loan. They will waive both the 1% origination fee and the 1% Tex-Vet Participation fee. (I don't often recommend a particular lender on YA!, but USAA is the best $ deal for Tex-Vet right now.

2 - Don't go Tex-Vet, and buy a HUD house. In Bexar and Bell counties, there are 80 HUDs listed as of 20 seconds ago. This week (ending Sunday night at 11:50pm) and next week (ending Sunday night at 11:59pm) are two of the three best weeks of the year to buy a HUD house. The other was the week of Thanksgiving.

VA appraisers are the pickiest and won't typically won't pass a HUD house, so if you go this route, maybe an FHA loan will do. Also, HUD will only pay a maximum of 3% toward closing costs - and on HUD houses the title policy is considered a buyer's expense - so you'll need more cash out of pocket to close a HUD than an all-fixed-up purchase using a VA loan.

Answer 3

I would advise that you get the VA financing lined up before you ever make contact with a real estate agent. Once you've done that, you've set up your game plan and you are in control of the situation. Remember that in many part's of the country it's a buyer's market. In order to keep your closing costs down insist that any seller pay up to 6% of your closing costs ( $150,000.00 sale thats 9K ). There are plenty of us mortgage pro's here that not only can we help guide you, we are vets ourselves. I would go to the NCO or OC club, whichever is the case, and ask your fellow vets who they would use.