What a Veteran Needs To Know About The Written Buyers Agreement

At Eagles World Realty, we are proud to support veterans and active service members on their journey to homeownership. Buying a home can be overwhelming, especially with the unique needs that come with using VA home loan benefits. Here’s everything veterans need to know to make the process easier.

Can I Use My VA Loan to Pay for My Agent?

Yes! As of August 10, 2024, veterans using VA home loans can now pay for their real estate agent if needed. This change gives veterans more flexibility and access to professional guidance throughout the home-buying process. This policy is currently temporary, but efforts are being made to make it permanent.

Why Do I Need to Sign a Buyer Agreement?

Starting on August 17, 2024, all homebuyers working with a real estate agent will need to sign a written buyer agreement. This document explains what services your agent will provide and how they will get paid. It's designed to make sure everything is clear from the start. At Eagles World Realty, we ensure these agreements are straightforward and customized to meet your needs.

How Will My Agent Get Paid?

Your agent’s payment will be outlined in the buyer agreement and can be handled in a few ways:

• The seller or their listing agent may offer to cover the cost.
• You can negotiate for the seller to pay your agent as part of the purchase offer.
• You may also pay your agent directly out of pocket.

Our agents will work with you to find the best arrangement that fits your situation.

What Has Eagles World Realty Done to Help Veterans?

Eagles World Realty is dedicated to helping veterans secure financing and make the most of their VA home loan benefits. Some of the ways we advocate for veterans include:

• Supporting flexible and competitive VA loan products
• Assisting veterans with navigating VA appraisal requirements, which can sometimes be strict
• Helping veterans take advantage of assumable mortgages, which allow buyers to assume a low-interest VA loan from a seller

Our team has extensive experience working with VA buyers and is here to help you navigate the process smoothly.

Why Work with Eagles World Realty?

At Eagles World Realty, our agents are dedicated to serving veterans and their families. We understand the specific challenges you may face as a veteran homebuyer, and we are committed to guiding you every step of the way. Many of our agents have experience working with veterans and can help you make the most of your benefits. Get connected with us today!