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#261699 - 11/26/08 08:21 PM REO Property
BettyBlue Offline
Member

Registered: 02/21/07
Posts: 83
Loc: MD
Stupid Question: why would the listing agent say No VA, No FHA in the listing?

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#261701 - 11/26/08 08:33 PM Re: REO Property [Re: BettyBlue]
RealBoots Offline
Member

Registered: 01/26/08
Posts: 119
Loc: Wild or not Wild ,East or West...
Because ,most of the bank owned homes need repairs or utilities are off or asset manager do not like VA,FHA and that way is very hard to get that type of financing going in these situations.

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#261702 - 11/26/08 08:35 PM Re: REO Property [Re: RealBoots]
BettyBlue Offline
Member

Registered: 02/21/07
Posts: 83
Loc: MD
makes sense. thank you. sorry for the loss of mind! I should have known this!.
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