Another great Article from the Romanian Insider

James Blunt and Amy Macdonal are among the artists performing at the Cerbul de Aur (Golden Stag) festival, taking place again this year in Brasov, in central Romania, between August 29 and September 2.

Click on the link below for more details

According to the Romanian Insider Real Estate edition from 19 July 2018 more expansions are on the horizon for an ever growing City

Local group Forte Partners acquired a land plot of 5,400 sqm in the Orhideea area in Bucharest, where it plans to build the third building of The Bridge office project.

For detailed Information click on the link below

According to the Romanian Inside

As Iasi is becoming one of the fastest developing cities in Romania and Eastern Europe, available real estate properties suitable for opening a factory or building a warehouse in the region are hard to find. Yet, a large 100,000 sqm batch of land near Iași, situated in close proximity to biggest industrial park in Moldova, is now available for new investors in search of a great opportunity to expand their business or start a new branch in the area

Romania is one of, if not the most overlooked of European holiday destinations. A quick scratch of the country’s surface reveals that it’s a place that has it all. From unspoiled wilderness to centuries-old castles, from picturesque ski slopes to quiet sandy beaches, from a burgeoning wine and craft beer scene to cities every bit as vibrant as their western counterparts. Indeed, large parts of Romania are modernizing, but its distinctive rural folk culture remains, and there are lots of native foods that are well worth trying. If Romania’s tourism ministry got its act together, the country would perhaps be higher on the to-do lists of many a traveler. In the meantime, here are the places to try…

The link for the full story is in the Article.

Referencing a great story form the Romania Insider

In his early childhood, he was Nicolae Burcea, but friends called him Nicu. After being adopted, the boy’s name became Nicolae Butler, and everybody in the US called him Nico.

If you are anything like me , you can’t help yourself but wanting to read all about this great writer.

For more Information on how is life is turning out, please click on the link below.

 

 

Arch de Triumph

In the northern part of Bucharest, in the middle of one of the busiest intersections of the city, stands the Arch de Triumph (Arcul de Triumf). The monument reminds passers-by of the Romanian Army’s victory in the First World War and the Great Union of 1918 – one of the most important events in Romania’s history. Built after the French model, the Arch of Triumph in “Little Paris,” as some used to call the Romanian capital city, is the “little brother” of the famous monument of the same name in Paris

For more information please click below!

Tips for Veterans Buying a Home with VA Loan

Image of man in uniform

For veterans or service members looking to buy a home with a Veterans Affairs loan, there are some extra steps to take and home condition requirements that aren’t needed with other types of loans.

The home must be safe, clean, in good condition and move-in ready, partly because the U.S. Department of Veterans Affairs doesn’t want to back a loan where the military member’s finances are at risk because they have to make unexpected home repairs.

The extra work can be worthwhile. VA loans are 0.25 to 0.50 percent lower than conventional loans, don’t require a down payment or mortgage insurance, and have more flexible and forgiving requirements. Closing costs are limited and lenders fees are limited to 1 percent of the loan amount.

The government guarantees at least a quarter of the loan amount on a VA mortgage, which is why a down payment and mortgage insurance aren’t needed.
For buyers who qualify, here are some things to be aware of when buying a home with a VA loan:

Look for a move-in ready home: Homes that are structurally sound, safe and sanitary are more likely to pass the VA appraisal. The property must have adequate heating, roofing and safety features, and major issues must be repaired before the loan can close. If the VA expert has to return to reinspect something that needs to be fixed, the borrower will have to pay more inspection fees.

Be ready for an inspection: A home inspection is a normal part of buying a house, but a VA inspector will make sure the property is in good, working order. But a lot of the things they’ll be looking at are cosmetic, which a regular lender wouldn’t be concerned with. Though a VA inspection can sound like a professional home inspection, it isn’t and buyers can hire their own inspectors after the VA one if they’d like.

And more inspections: The VA also requires some inspections that other lenders don’t. A VA loan will require a pest inspection, along with a look at the septic tank, if there is one, and the water well if the property isn’t on a city water line.

Quicker timeline: VA loans have tighter timelines than other types of loans, which is why hiring a real estate agent and loan officer who have experience with VA loans can make the process smoother. Active-duty service members can have short buying windows if they’re ordered to move to another base.
I hope you found this real estate information helpful. Please contact me for all your real estate needs today!

Step 1: Decide to Buy a Home

The decision to purchase your first home is one of the biggest and best choices you could ever make. After all, a home is the largest – and most emotional – investment most people will face in their lifetime. So, how do you know if it’s the right time for you to buy?

Continue Reading…