va vendee financing: Attention All Buyers of VA Foreclosed Properties...
- 04/03/09 01:19 PM
I just got a great bit of news that all of those familiar with VA foreclosures will love to hear. VENDEE FINANCING IS BACK!!! One of the biggest changes you will notice is that the seller (VA) can now contribute up to 6% of the sales price toward buyers closing costs. This is HUGE!! If you work with investors and you are not showing them how to use vendee financing to purchase VA foreclosed homes, you are missing a great opportunity. Think of vendee financing as owner financing. Owner occupant buyers can buy with zero down payment and get up to 6% … (2 comments)
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I just got a great bit of news that all of those familiar with VA foreclosures will love to hear. VENDEE FINANCING IS BACK!!! One of the biggest changes you will notice is that the seller (VA) can now contribute up to 6% of the sales price toward buyers closing costs. This is HUGE!! If you work with investors and you are not showing them how to use vendee financing to purchase VA foreclosed homes, you are missing a great opportunity. Think of vendee financing as owner financing. Owner occupant buyers can buy with zero down payment and get up to 6% … (2 comments)
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