Buy Home

How to qualify for a VA loan

/ Stacy Schnell

To be eligible for a VA Loan, veterans, active duty service members, National Guard members and reservists must meet the basic service requirements set forth by the Department of Veterans Affairs. Spouses of military members who died while on active duty or as a result of a service-connected disability may also be eligible.

It’s ultimately up to the VA to determine eligibility for the home loan program, but prospective borrowers can get a good idea by looking at the VA’s basic eligibility guidelines.

You may be eligible for a VA Home Loan if you meet one or more of the following conditions:

  • You have served 90 consecutive days of active service during wartime,OR
  • You have served 181 days of active service during peacetime,OR
  • You have more than 6 years of service in the National Guard or Reserves,OR
  • You are the spouse of a service member who has died in the line of duty or as a result of a service-related disability.
How to Apply for a VA Loan Certificate of Eligibility (COE)

While you don’t need your VA Certificate of Eligibility in hand to start the loan process with Veterans United, this certificate is a very important part of your loan application. Your COE verifies that your length and character of service make you eligible to use the VA home loan benefit.

You can apply for a VA Loan Certificate of Eligibility three different ways:

  1. Apply through a VA approved lender
  2. Apply online through the VA’s eBenefits portal
  3. Apply by mail with VA Form 26-1880

This exerpt from veteransunited.com

 

Well maintained two story home on a private wooded lot

/ Stacy Schnell

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Located in Millville,  NJ this home features an eat-in kitchen with stainless steel appliances and double sink open to Family room. Family room has gas fireplace and skylights for extra lighting. Tiled foyer, separate dining room and formal living room. Spacious bedrooms, bathrooms have tile flooring and surround, partial basement. New roof, two car attached garage with auto door opener, rear concrete patio, large fenced-in backyard. Holly Height Elementary School, easily accesible to Routes 49 and 55.

Call today and ask about property #72 Stacy Schnell~ Cell: 856-364-0772

This listing presented by The Scott Sheppard Team.

6 Things You Must Do Before Buying a Home

/ Stacy Schnell

(TNS)—Buying a home is a huge investment—probably the most significant purchase of your life. It’s not something you should do without preparation.

Before you start on the road to homeownership, make sure you are ready.

Improve your credit score.
A high credit score snags you the best deals. “Below 660 or 680, you’re either going to have to pay sizable fees or a higher down payment,” says Barry Zigas, director of Housing Policy for the Consumer Federation of America.

This excerpt from RIS Media, please CLICK HERE to read more.

Build your dream home here!

/ Stacy Schnell

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Once in a lifetime opportunity to build your dream home on your own private LAKE in Lawrence Township New Jersey! This 22 acre parcel consists of approximately 6 acres of land and 16+/- acres of water with an abundance of wildlife and fish. Standing on the edge of the water you can see hundreds of bass, sunnies, perch, & trout right under your nose. Build-able area on higher ground left of the lake subject to a soil & perc test, plot plan, letter of determination from NJ DEP, and final approval from Lawrence Township. Convenient access to shore points.

Call today or click here for more information and ask about property #73!


Stacy Schnell ~ REALTOR® Associate 
Direct: 856-364-0772
Berkshire Hathaway HomeServices, Fox & Roach Realtors® 
1450 E. Chestnut Ave. 1B-Vineland
Office: 856-691-0091  / Fax: 856-324-9103 
Find Me On FaceBook  Connect With Me On Linked In  Follow Me On Twitter

 

Move-in ready rancher on private lot in quiet neighborhood

/ Stacy Schnell

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Move in ready ranch in Vineland, NJ. Eat-in kitchen, formal living room, large family room, master bedroom has a built in electric fireplace and a 12×14 walk-in closet/dressing room, master bathroom has been completely renovated including a Jacuzzi tub, stall shower, double vanities and tile flooring. New carpet throughout the home, replacement windows, public water, partially finished basement with separate entrance includes 4th bedroom and a full bathroom. Large fenced-in backyard with paver patio, spacious deck surrounding above ground pool and new 12 x 20 shed. Convenient access to Routes 55, 40 and 47. Reach out today and ask about property #68.   Stacy Schnell   856-364-0772 ~ Berkshire Hathaway Fox & Roach Realtors ~

W. Scott Sheppard Team

 

 

 

Getting Ready To Move

/ Stacy Schnell

Congratulations on the purchase of your new home! Now, for the next challenge: moving. This is a great time to carefully weed through your possessions and to dispose of any clothes, furniture and fixtures that you no longer want or need. Donate them to a charity, hold a garage sale – but if you don’t want them any more, don’t move them.

Are you going to pack yourself or hire professionals? If you’re doing your own packing, following is a list of materials you’ll need. Moving companies and overnight mail businesses can furnish these, as well as specialized items including wardrobe boxes for clothing and heavy-duty boxes for china and other breakables. Liquor and computer stores also are good sources for sturdy boxes.

You should start collecting the following materials:

  • Boxes of all sizes
  • Plastic bags
  • Non-shredded newspapers
  • Packing tape
  • Markers
  • Bubble wrap
  • Tissues paper

This excerpt from stacyschnell.com please click for more information. 

Stacy Schnell ~ BHHS Fox & Roach Realtors & The Scott Sheppard Team

Beautiful 2 Story Home w- Fireplace – 3 Beds & 2.1 Baths

/ Stacy Schnell

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New Jersey real estate for sale! Located in the city Millville  part of Cumberland County, this home is move-in ready two story home on private lot in Whitmarsh Estates. Renovated kitchen has breakfast bar, granite counter tops, tile flooring, tile backs plash, double sink and recessed lighting. Kitchen opens to family room with hardwood flooring and cathedral ceiling. Formal living room has cathedral ceiling with skylights, hardwood flooring, crown molding and a wood burning fireplace. Florida Room with hot tub off of family room leads to large rear deck with retractable awning. Paver walkway & patio w/ fire pit. Dining room, laundry room and half bath on first floor.
Spacious master bedroom with full bath. Master bath has tiled stall shower and tiled flooring. Full basement, one car attached garage with auto
door opener, roof 2 years old. Natural gas heat and hot water, public water and sewer, shed. Rieck Avenue Elementary School. Convenient access to Routes 49, 47 and 55.
Give a call or send a text today and ask about property #57.
Stacy Schnell     856-364-0772
BHHS Fox & Roach Realtors
Building Dreams One Home at A Time!

25 Tips for first time home buyers

/ Stacy Schnell

wpid-wp-1436567828576.jpegBuying a home can be nerve wracking, especially if you’re a first-time home buyer. Not only is it probably the biggest purchase of your life, but the process is complicated and fraught with unfamiliar lingo and surprise expenses.

To make the first-time home buying journey a little less stressful, 25 tips to help you navigate the process more smoothly and save money.

This excerpt from USA today, please click below to read full article:

https://www.usatoday.com/story/money/personalfinance/2017/06/30/25-tips-first-time-home-buyers/434449001/

Mortgage Updates

/ Stacy Schnell
Rates remained unchanged this week and do not appear to be heading back down to levels from a couple of months ago.
Please keep in mind that it is a good idea for buyers to get a second opinion on their rates and fees. With daily pricing being so volatile, some lenders are not in line with the market. I was able to lock in a client this week .375% lower in rate than another lender. 
In economic news, rising home loan rates coupled with a lean supply of homes for sale on the lower-end of the market pushed sales of new single-family homes lower in January. New Home Sales fell 7.8 percent in January from December, according to the Commerce Department, led by a 33 percent plunge in the Northeast. From January 2017 to January 2018, sales were down 1 percent.

Home prices continued to rise in December due in part to the continuing trend of high demand and a shortage of homes for sale on the market. The S&P/Case-Shiller 20-City Home Price Index rose 6.3 percent from December 2016 to December 2017.