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Updated almost 5 years ago on . Most recent reply

Ashley Wynn's profile image
Ashley Wynn's profile image
Ashley Wynn
  • Rental Property Investor
  • from Montgomery, AL
  • Member since Jun 27, 2019
  • Posts 62
  • Votes 17
  • Experience 8 Yrs
  • Investments 2
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Ashley Wynn's profile image
Ashley Wynn's profile image
Ashley Wynn
  • Rental Property Investor
  • from Montgomery, AL
  • Member since Jun 27, 2019
  • Posts 62
  • Votes 17
  • Experience 8 Yrs
  • Investments 2
Connect
Ashley Wynn
  • Rental Property Investor
  • Montgomery, AL
17
Votes |
62
Posts
Foreclosures

VA Owned Property/Foreclosure

Ashley Wynn
  • Rental Property Investor
  • Montgomery, AL
Posted

Has anyone ever purchased a VA owned property/foreclosure? Pro and cons? Are there restrictions when selling or is it treated like any other foreclosed property? Thanks.

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Joe Homs's profile image
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Joe Homs
  • Flipper
  • from Mission Viejo, CA
  • Member since Apr 3, 2014
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Joe Homs's profile image
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Joe Homs
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  • from Mission Viejo, CA
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Joe Homs
  • Flipper
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Joe Homs
  • Flipper
  • Mission Viejo, CA
Replied

@Ashley Wynn its all the same, just being sold by the VA. If you are thinking about purchasing a VA home before foreclosure then you can do that as well and assume the mortgage. However the loan will remain in the sellers name until you pay it off as well as their eligibility.

Good Investing...

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