VA Foreclosures
Posted Dec 12, 2006 @ 4:47 pm, Viewed by 824 Visitors, Read 838 Times.There are many, many opportunities out there to find a good bargain on a home whether you are an investor or a first time home buyer. The VA (Veterans Affairs) is one choice you may want to look in to. With the location of the Millington Air Base in close proximity to the Memphis area, there are plenty of Veterans in the area. Unfortunately, a small percentage run in to financial problems from time to time and a foreclosure is necessary.
This is where you have an opportunity to possibly pick up a decent deal. e prepared to get conventional financing, as a lot of these properties are in need of repairs and wont qualify for FHA or standard VA financing.
RE: VA Vendee Loan Program
The VA Vendee program is great opportunity to potential buyers who are looking to purchase VA Properties. We highly encourage you to provide this information to anyone who visits a VA property.
What are the Benefits of a Vendee Loan?
1. Easy application process.
2. Reduced closing time.
3. Competitive fixed interest rates.
4. 100% Financing Available for Owner Occupied
5. Investors Welcome - 95% Financing Available
6. No mortgage insurance required.
7. No tax service fee.
8. No appraisal fee.
9. No flood certification fee.
Feel free to download the Vendee brochure:
http://www.ocwencustomers.com/documents/pdf/VA%20Vendee%20Brochure.pdf
Additional information may be viewed at: http://www.ocwencustomers.com/va_vfp.cfm
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Ed Pierce: Full time Realtor and Default Services Manager for six affiliate offices in the Greater Memphis area. Real estate is more than a business, it is a hobby and passion for me. Read More
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