VA Foreclosures
VA Foreclosures
The department of Veterans affairs has thousands upon thousands of foreclosures every year. The value of a Veterans mortgage will depend on the area of the country as the VA maximum mortgage is based on the local area’s average priced home. The other consideration is the amount of house the veteran could afford and wanted to pay for. VA loans can be very nice palatial homes or townhouses in traditional neighborhoods.
The key is that the home can be bought by a non veteran with a VA mortgage. That is right. A person that has not served one day in the armed services can bid on a VA foreclosure and if they win the bid they can finance with ZERO money down.
This little known benefit is HUGE and can make an investor a very wealthy person very quickly. Because not only do you the new owner get to use VA funding to buy the house and put ZERO down but the equity position you can be in because you were smart enough to buy a VA Foreclosure can put you in a very strong equity position. Imagine owning a home and instantly getting $50,000 in equity. That happens all the time with VA foreclosures.
While most home buyers are shopping for the perfect home, you are searching for a good deal.
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65 Old Solomons Island Rd Annapolis, MD 21041
Questions? Call 443-603-1086
Los Angeles foreclosures
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Los Angeles foreclosures
West Palm Beach foreclosures
San Diego foreclosures
Phoenix foreclosures
Katy foreclosures
Los Angeles foreclosures
West Palm Beach foreclosures
San Diego foreclosures
Phoenix foreclosures
Katy foreclosures
65 Old Solomons Island Rd Annapolis, MD 21041
Questions? Call 443-603-1086
65 Old Solomons Island Rd Annapolis, MD 21041
Questions? Call 443-603-1086