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Updated over 8 years ago on . Most recent reply

User Stats

17
Posts
3
Votes
Andrew Leighton
  • El Paso, TX
3
Votes |
17
Posts

Can anyone help me with this question?

Andrew Leighton
  • El Paso, TX
Posted
So I am new here and I’m about to start my real estate investing venture. I am placing an all cash offer to a foreclosed VA home and my real estate agent just asked me what date I wanted to close. I live in Texas I’m not sure if that has anything to do with it. But anyhow I’m not sure how much time I should put from offer acceptance to closing date. Is quicker better or should I give a couple weeks delay?

Most Popular Reply

User Stats

54
Posts
17
Votes
Ryan Monier
  • Rental Property Investor
  • Covington, LA
17
Votes |
54
Posts
Ryan Monier
  • Rental Property Investor
  • Covington, LA
Replied

In my experience when dealing with VA properties the fact of your offer being all cash and how quick your willing to close do not matter. All that matters is what they will net on the property.

I recently made an offer on a VA property in Louisiana that had active termites. They countered my offer $500 below list price and were not willing to have the termites treated.

I hope this helps!

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