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Military Families 'Going to Lose Every Time' in Hot Fort Bragg Real-Estate Market, Broker Says

A sign shows Fort Bragg information May 13, 2004 in Fayettville, North Carolina. (Logan Mock-Bunting/Getty Images)
23 Apr 2021
Business Insider
|
By
Natasha Dailey
Real-estate agent Melissa McHarney was told to make an offer on a house in Durham, North Carolina, for $60,000 over the asking price.
She told her client, who was using a government-backed home loan provided by Veterans Affairs, that it wasn t a smart idea financially. The client told her to do it anyway.
We didn t win, McHarney said. In the end, the seller took the conventional offer over the VA offer.
Amid the hot real-estate market, veterans and military families have struggled to find homes as the country faces a shortage of 4 million houses, skyrocketing prices, and a lack of building materials. The shortage has pitted civilians with cash or conventional loans against military personnel seeking to use the ....

North Carolina , United States , Chapel Hill , Fort Bragg , Chris Birk , Melissa Mcharney , Mark Mayoras , Us Army , National Delinquency , Research Triangle , Freedom Family Realty , Veteran Affairs , Family Realty , Soldiers First Real Estate , Veterans United , வடக்கு கரோலினா , ஒன்றுபட்டது மாநிலங்களில் , தேவாலயம் மலை , கோட்டை தற்பெருமை , கிறிஸ் பிர்க் , எங்களுக்கு இராணுவம் , தேசிய குற்றம் , ஆராய்ச்சி முக்கோணம் , மூத்த வாழ்க்கைத்தொழில்கள் , வீரர்கள் ஒன்றுபட்டது ,

Military Families Struggle to Compete in Hot Real-Estate Market

PeopleImages/Getty Images
Military members and veterans hoping to buy a house with a VA loan are struggling to compete.
Misperceptions about the VA loan are putting military buyers at a disadvantage to conventional offers.
We re going to lose every time, said one broker near the Fort Bragg Army base in North Carolina.
Real-estate agent Melissa McHarney was told to make an offer on a house in Durham, North Carolina, for $60,000 over the asking price.
She told her client, who was using a government-backed home loan provided by Veterans Affairs, that it wasn t a smart idea financially. The client told her to do it anyway. ....

North Carolina , United States , Chapel Hill , Fort Bragg , Chris Birk , Melissa Mcharney , Mark Mayoras , Fort Bragg Army , Us Army , Research Triangle , Freedom Family Realty , Veteran Affairs , Family Realty , Soldiers First Real Estate , Veterans United , வடக்கு கரோலினா , ஒன்றுபட்டது மாநிலங்களில் , தேவாலயம் மலை , கோட்டை தற்பெருமை , கிறிஸ் பிர்க் , கோட்டை தற்பெருமை இராணுவம் , எங்களுக்கு இராணுவம் , ஆராய்ச்சி முக்கோணம் , மூத்த வாழ்க்கைத்தொழில்கள் , வீரர்கள் ஒன்றுபட்டது ,