real estate Archives

What is a Letter of Intent in Real Estate?

What is a letter of intent in real estate? It’s basically like a pre-game handshake before you actually buy a house. It’s not legally binding, but it shows both sides are serious about the deal and sets the stage for the real negotiations. Think of it like a first date – you’re both getting to

What Is a VA Development Letter?

What is a VA Development Letter? It’s a crucial document in the VA loan process, providing an appraisal of a property’s value and suitability for a VA loan. This letter is a key component of the VA loan program, which helps veterans, active-duty military personnel, and eligible surviving spouses purchase homes with favorable financing terms.