VA Vendee Financing helps sell VA Repos

VA Vendee Financing

Related Article:  What is a VA Repo?

Search for Foreclosed Home in Colorado Springs

If you are interested in buying a VA Repo home in the Colorado Springs area, you’ll want to understand take advantage of VA Vendee Financing.  Here’s some of the basic the facts:

• It’s a loan product offered to individuals and investors to help finance the purchase of VA Repos
• It’s offered to both veterans and non-veterans
• VA may contribute up to 6% of the purchase price for buyer’s closing costs
• Interest rates are determined by the VA
• For investors there is no maximum number of investment properties; down payment can be as little as 5% down
• For owner occupieds, amount can be financed with 0% down.
• Mortgage insurance is not required.
• It’s available to both owner occupied and investors
• Properties are always sold “as-is”
• There is no contingency for financing or for inspection

There are currently several VA repo homes listed for sale in the Colorado Springs area including:

• 7061 Grand Prairie Drive   80923   $223,900
• 6044 High Noon Drive  80923  $322,900
• 7579 Middle Bay Way   80817  $169,900

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Kathy (719-287-1049)   KTorline@msn.com