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All Forum Posts by: Akemi Watkins

Akemi Watkins has started 1 posts and replied 2 times.

Stephanie- I am in the market to buy a home and I am also a licenced Real Estate agent. I would like to know more about the process of purchasing a vendee approved property. I asked several lenders about the Vendee loan, and no one knew anything about it. I would love to know step by step of what to do to acquire this property. Can an offer be made, or is the price firm? Where do i find a lending institution in my area that works with Vendee loans? ;-)  Akemi Watkins #0722601

Originally posted by @Stephanie Olejownik:

Currently in the process of purchasing a VA REO with a Vendee loan. I have bought & sold many houses but this is a first for the Vendee program for me. New American Funding is the institution I am working with.

I haggled with the bank for about a week and finally got them to accept $10,750 below asking with 2% seller concessions.  

Agent in TX- what is the best way to use my commission when buying my own home? How can I use it for negotiating? Put it towards closing or get my commission check?