Who can buy VA homes that have been foreclosed? Anyone can buy these homes, without regard to race, color, religion, national orgin or family status. VA has a preference system. Veteran over non-veteran, owner-occupant over investor.
Does VA offer great prices and terms? No to great prices in hot real estate markets. However with low down payment and low interest rates you can find a good deal on a home to live in. How do you find VA homes? VA properties are listed by real estate agents but can be found at the web sites of the property management company in your area.
VA home properties are sold through registered real estate agents who will assist you with the bidding process. The bids are done online. How do you find a good VA broker? Ask questions, such as experience working VA homes, are they willing to work with buyers or do they specialize in listings? Does the agent have a creative attitude and do they invest in properties. Remember when you locate a VA property that fits your interest for pricing and neighborhood, drive by and check out the house and the area. Contact a agent to show you the inside of the property. Estimate the repairs and have the agent prepare your offer to bid.
Click here to view list of available properties.