Oliver Orlicki’s Post

Did you hear about the new VA home loan policy? The U.S. Department of Veterans Affairs now allows buyers using VA-guaranteed loans to directly compensate their buyer brokers. This significant change ensures our veterans remain competitive in the homebuying market, especially in light of the recent $418 million settlement in the Sitzer-Burnett case. Previously, veterans couldn't pay buyer-broker fees, putting them at a potential disadvantage. This policy shift ensures veterans have the same advantages as other buyers. With the real estate market still adjusting, this update is crucial to maintaining fairness and competitiveness. The National Association of Realtors® applauds this move, ensuring our service members are given equal opportunities to achieve homeownership. As always, I'm here to support and guide you through these changes. #Veterans #HomeBuying #RealEstateUpdate #VAHomeLoan #CompetitiveMarket

🎖️ Veterans, do you know you might be able to buy a home with $0 down? (Only 3 in 10 vets are aware of this game-changing VA loan benefit.) You can turn your service into your dream home with no down payment, limited closing costs, and no PMI! Talk to a real estate pro and explore your options today. #NJRealtor #realestate #americandream #homeownership #veteransbenefits

🎉 Great news for VA buyers! 🇺🇸 The US Department of Veterans Affairs (VA) has implemented a temporary solution to help veterans stay competitive in the housing market. Now, VA loan users can cover their real estate agent's commission. Contact us to learn more about how this impacts VA buyers. #VAhomebuyers #housingmarket #veteransupport

Tax season is here! Make sure you have your 2023 property tax bill and Mortgage Interest Statement from your lender before you file. If you sold or puchased in 2023, you will also need your Closing Disclosure from the sale. #IRS #TaxSeason #MortgageInterest #TaxDeductions

IRS Payment Agreements & Buying a Home! Did you know that FHA will allow you to finance a home if you have delinquent IRS credit obligations and a repayment agreement has been set up? The lender will require you to show a history of 3 on-time monthly payments under the repayment agreement. If you thought this was holding you back from owning a home, let’s talk!

Ted Thomas answers "What Happens to the Mortgage on Tax Defaulted Properties At Auction?" Claim your free gift here: https://lnkd.in/d7Xk4ysf WATCH THE FULL VIDEO HERE How Tax Delinquent Auctions in California Affect Mortgages and Liens https://lnkd.in/e558qBUb #redeemabledeed, #taxdeedinvesting, #onlineauctions, #investingtips, #investing101, #realestateinvestment, #propertyauctions, #Tedthomas, #taxdeed, #taxsale, #taxdeedexpert, #taxlieninvesting

Despite how HGTV and the like portray home flipping as an easy and fun way to make money, most flips end up in the red. Guess who the flipper is going to try to get to share in their pain. So don’t buy a flipped home. Instead, use a loan that includes money for renovation (e.g. FHA 203k). That way, you can manage the work and make sure there are no hidden surprises behind the walls. #homeflippers #hgtv #realestate #chicagorealestate #chicagorealestatelawyer

Owning rather than renting your own home has a number of tax benefits, both during your lifetime, and when you pass your property on. Speaking to financial adviser or mortgage specialist could reveal tax reliefs that you may not be aware of, even if you’ve been a home owner for a long time.    Read more here: https://lnkd.in/eyu44_Ru   #InvestmentPlanning #HomeOwner

Owning rather than renting your own home has a number of tax benefits, both during your lifetime, and when you pass your property on. Speaking to a financial adviser or mortgage specialist could reveal tax reliefs that you may not be aware of, even if you’ve been a home owner for a long time. Read more here: https://lnkd.in/eG8-YSCY #InvestmentPlanning #HomeOwners

How to Understand Home Buying Fees  Curious about the fees involved in buying a home? Let's break it down! From lender charges to government fees and escrow, we'll unravel the complexities of home-buying costs. Learn how these fees vary based on location, loan size, and more. Ready to demystify home-buying expenses? Tune in for expert insights and tips to navigate the process with confidence!  #mortgageinsurance #mortgagelendertips #USDA #homebuyertips #mortgageloantips #usrealestate #smallbusiness #mortgagelending #homeownersinsurance