So as Realtors® we're always looking for a niche or a corner of the industry to differentiate us right! Some Realtors® have focused on short sales and foreclosures and have done very, very well and while inventory is slowly dwindling there is still a very profitable and lucrative market out there if you know where to look. Did you know VA foreclosed loans are right beneath your nose and can make you lots of $
The Department of Veteran Affairs (VA) has an inventory of homes just like banks do as result of foreclosures on VA guaranteed loans. These properties are managed through a property management services contract with Ocwen Federal Bank FSB out of West Palm Beach, Florida. If they fall in your area, you as an agent can list them in MLS and they can be purchased by military and non-military.
Holy smokes Batman, POW, WHACK, BOOM......are you kidding me? A list of properties for sale can also be obtained from Ocwen's website www.Ocwen.com. So all you ActiveRainers looking for other leads and smokin hot deals, here you go, they have very lenient terms and are literally giving the properties away, after all it is the Federal Government. We get leads everyday at Semper Find My Home from this great resource.
DOES THE VA HAVE AN INVENTORY OF FORECLOSED HOMES? YOU BETCH YA!