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Originally Posted by charlieo1126@gmail.com
There are many other developers that don’t accept F HA and VA loans that is there right , for so many people on here that whine about socialism, they seem to always worry about the Morse family finances and how they should operate there business , I have been in other condo and golf club communities most didn’t take VA loans . I’ve sold many properties and always turned down both VA or FHA , my properties were no more then 3 years old including 5 in villages they all sold in less then a month and if we remember the different houses bust , people with no equity in there homes walked away very quickly and FYI I am a vet
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I am all in favor of providing good benefits for veterans. But, I think the VA loan program has done a disservice to many young military people. It presumes that buying a house is always better than renting and that houses are always a great investment. And, it teaches them that it is a good thing to buy a house with no down payment. I don't think these things are true and neither do most reputable financial advisors. I would never buy a house with no down payment, even if I could.