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Updated 9 months ago on . Most recent reply

User Stats

7
Posts
7
Votes
Ben Mardis
  • New to Real Estate
  • Snohomish County, WA
7
Votes |
7
Posts

Has anyone used a VA loan to buy a foreclosure?

Ben Mardis
  • New to Real Estate
  • Snohomish County, WA
Posted

Hey all!  

I'm spending this week learning about foreclosure investing and a question came up that I hope someone could lend some insight. 

I'm a Navy Veteran and would like to use my VA loan to make my first home purchase sometime next year. Since a VA inspector would need to verify the condition and value of a home before the money is lent, does this mean there is no way to buy a foreclosure with VA loan financing?

Most Popular Reply

User Stats

7
Posts
7
Votes
Ben Mardis
  • New to Real Estate
  • Snohomish County, WA
7
Votes |
7
Posts
Ben Mardis
  • New to Real Estate
  • Snohomish County, WA
Replied

 Thanks for the information! I had no been made aware of that yet. 

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