We tend to
celebrate Veteran’s Day like many other holiday in America - with Sales at most
stores, with some, but not all having the day off, and, oh, by the way, say “Thank
You”, if you happen to meet a veteran today. That’s just how it is and I’m OK
with that. Things are a whole lot better now than they were at the end of the
Viet Nam War, when a Viet Nam vet on the street was as likely to get jeered as
praised. We haven’t done that to our vets for a long while. I guess wars got
more popular.
One thing
we have done is to extend programs to veterans, some aimed at those who came
Veterans
who qualify may find that they can buy a new home for little or no money down,
at a very good interest rate and with no monthly cost for Private Mortgage
Insurance (PMI). Click
here to read a program flyer from John Adams Mortgage Company. Most
mortgage companies, banks and brokers offer VA Loan programs. Most programs
also limit the closing costs on the sale.
If the
veteran has returned with severe war injuries that preclude holding a normal
job or is declared by VA to be 100% disabled, there is also a program in Michigan
to waive the property taxes on the home. That is often a savings of several
thousand dollars a year. Click here
to read about the Michigan Law concerning property taxes and disabled veterans.
If you are
a recent veteran and perhaps new to the whole world of VA benefits, click here
to go the Michigan Department of Military and Veterans Affairs web site. You
can click here to go to the VA site and explore
all of your benefits. There are many more things that you might qualify for
then just real estate related items. You earned these benefits through you
service, so don’t be shy about taking advantage of them.
Good luck and thank
you for your service (from one vet to another).
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