Author Topic: First House/VA loans (Read 753 times)

Sandman · « **Reply #15 on:** January 13, 2006, 03:11:19 PM »

I bought my house using Cal-Vet. It wasn't that bad.

Ripsnort · « **Reply #16 on:** January 13, 2006, 03:34:00 PM »

Quote

Originally posted by Gunslinger
Thanks JBA.

Question to all: HOA fees, if they are included in a listing are they usually anual or monthly?

Depends on the HOA, ours our bi-anally,er bi-Anually.

Eden · « **Reply #17 on:** January 13, 2006, 03:49:08 PM »

Went through all of this myself about a year ago. Decided against the VA loan and went with a conventional lender. There is a lot more paperwork with the VA and sellers are often annoyed by the extra inspections and such as are required (This was an issue when we - as buyers - were competing with other potential buyers). Kinda sad when one of the perks for vets is not really all that useful (at least we get VA hospital benefits)

Anyway, good luck and remember when it's all done it will be yours and that is fairly nice thing.

RedTop · « **Reply #18 on:** January 13, 2006, 06:56:12 PM »

Sorry Gun...HOA can be monthly. 175.00 sounds about like a 6 month deal. No idea tho. It is very frustrating. I did it a few years ago. My wife , bless her heart was ready to tell em to stick it. But we made it thru. after all is said and done , you'l lok back , a few hairs lighter , but very happy.

Best wishes

Gunslinger · « **Reply #19 on:** January 13, 2006, 09:24:16 PM »

Thanks guys. SO I reapplied for another loan today through a LOCAL lender that my realter reccommended. Turns out he was a Marine as well so we got along great.

The only thing I didn't count on was that they can't include my wife's income in pre-qualifying because she won't have a job when we get there so that might hurt us a bit how much we are approved for.

JTs · « **Reply #20 on:** January 14, 2006, 12:03:22 AM »

bought my first thru va in 1972. i see things havent changed. but look at the bright side buying isnt as bad as selling.

Gunslinger · « **Reply #21 on:** February 09, 2006, 07:51:07 PM »

UPDATE:

Just found out I got approved for $150k I'm excited, now I just have to find a house. The lender said mine was the best drogetory credit explaination letter she's ever read.....military writing has finally paid off.

rpm · « **Reply #22 on:** February 09, 2006, 11:21:02 PM »

WTG Guns! With $150K you can buy a little 15 - 20 acre spread with a nice house in the country and tell any HOA to KMA. Welcome to Texas!

Gunslinger · « **Reply #23 on:** February 10, 2006, 01:05:31 AM »

Quote

Originally posted by rpm
WTG Guns! With $150K you can buy a little 15 - 20 acre spread with a nice house in the country and tell any HOA to KMA. Welcome to Texas!

I wouldn't mind doing that at all, cept my kids are still kind of young and probably wouldn't have friends around to play with. I saw a nice 10 acre spread with a 5 bedroom house and a pool and a barn/workshop for 139.

After living in BFE I want to live at least close to city limits for a few years. When I get closer to retirment age that's what I'll be doing.

Sandman · « **Reply #24 on:** February 10, 2006, 01:11:28 AM »

After 10 years or so, BFE tends to grow on ya.

Gunslinger · « **Reply #25 on:** February 10, 2006, 01:17:54 AM »

Quote

Originally posted by Sandman
After 10 years or so, BFE tends to grow on ya.

I just don't like the fact that there isn't much major shopping around here. Everytime my wife wants to go to walmart it costs me $20 in gas.

Its 8 miles to the west gate.....16 miles to the 14 freeway....and about another 20 or so to get to anything major.

For example yesterday I needed 1/8" sheet metal screws. Did the exchange have them????? NO!

I did not feel like driving 40 miles just to get 4 sheet metal screws.

It tends to be the little things that bug me.

nuchpatrick · « **Reply #26 on:** February 10, 2006, 10:07:23 AM »

Hrmm.. HOA's I hate them so much I became a Board Member just to screw with people

Depending on how many homes are in the subdivision will sometimes effect the cost of the dues. Example: A Small one like mine we have 38 homes in our neighborhood and our dues are $650.00 which must be paid yearly. Another subdivision farther down the street has over 100 homes and theres are $100.00.

So as you can see depending on where its at..costs will vary. I pay a premium for a small neighborhood. I only wish it was gated..

Sandman · « **Reply #27 on:** February 10, 2006, 10:11:57 AM »

Quote

Originally posted by Gunslinger
I just don't like the fact that there isn't much major shopping around here. Everytime my wife wants to go to walmart it costs me $20 in gas.

Its 8 miles to the west gate.....16 miles to the 14 freeway....and about another 20 or so to get to anything major.

For example yesterday I needed 1/8" sheet metal screws. Did the exchange have them????? NO!

I did not feel like driving 40 miles just to get 4 sheet metal screws.

It tends to be the little things that bug me.

I have to admit... having a Home Depot has made homeownership a lot easier around here.

Gunslinger · « **Reply #28 on:** February 10, 2006, 02:20:03 PM »

Quote

Originally posted by nuchpatrick
Hrmm.. HOA's I hate them so much I became a Board Member just to screw with people

Depending on how many homes are in the subdivision will sometimes effect the cost of the dues. Example: A Small one like mine we have 38 homes in our neighborhood and our dues are $650.00 which must be paid yearly. Another subdivision farther down the street has over 100 homes and theres are $100.00.

So as you can see depending on where its at..costs will vary. I pay a premium for a small neighborhood. I only wish it was gated..

From what I've seen the neighborhoods vary from $65-175 quaterly

midnight Target · « **Reply #29 on:** February 10, 2006, 02:42:17 PM »

Quote

Originally posted by rpm
WTG Guns! With $150K you can buy a little 15 - 20 acre spread with a nice house in the country and tell any HOA to KMA. Welcome to Texas!

WHAT!!??

I'm freakin moving! How's the Texas job market?