#501 - Military families are 'going to lose every time' in hot real-estate market, as sellers shun VA loans

News For Reasonable People

English - May 05, 2021 11:00 - 29 minutes - 20.4 MB - ★★★★★ - 7 ratings
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Real-estate agent Melissa McHarney was told to make an offer on a house in Durham, North Carolina, for $60,000 over the asking price.

She told her client, who was using a government-backed home loan provided by Veterans' Affairs, that it wasn't a smart idea financially. The client told her to do it anyway.

"We didn't win," McHarney said. In the end, the seller took the conventional offer over the VA offer.

Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.

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