Anxious / Nervous VA Buyer In Northern California

Real Estate Agent with Chase International 01366299

My Poor buyer here in the Fremont, CA Area is so nervous and anxious.  We have been looking at so many poor condition homes, that we can't make his VA Loan work for him.  I feel so sad that we have limited inventory that will help the large numbers of Veterens searching for a home by using their VA Loan option. 

The government is looking into putting more veteren families into homes, but how will this happen if we have so many REO Poor conditon homes?  I thought the administration gave banks to bail them out?  Well, maybe they should have used some of that money to get some of these homes in proper conditon to live.  

My VA buyers are discouraged.  How can we help?  Are there investors that can help build the VA housing inventory?  What is everyone else experiencing?  I am a strong believer that this is a great loan, and we can help our country build a stronger home ownership, but not if we don't start getting some property conditon support.  Why is it that a regular seller will need to pay for a Section 1 Clearance, but banks don't have to?  So many homes are just sitting!

Let's help our anxious/nervous VA Buyers with some better property condition homes.   Investors, are you in?        

Comments (4)

Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

Kim, it sounds as if your buyer is in a tough price band! Of course, he Bay Area tends to have some of the most costly housing units in general.

Oct 03, 2011 05:48 PM
Kimberly Moore
Chase International - South Lake Tahoe, CA
Why Settle For Less When You Can Have Moore

You are so right Vickie.  Anything under $210K is a challenge!  Escpecially here in our area!  It would be great to find some flippers to buy some of these low end homes and get them into move in condition (for a profit of course)...  Sure would help out! 

Oct 03, 2011 06:01 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247


At least in our area we can find homes for our VA buyers.  Sorry for the problems you are having.

Oct 03, 2011 06:15 PM
MichelleCherie Carr Crowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Too bad they can't combine the FHA Rehab with the VA Loan.

Oct 03, 2011 07:06 PM