Use This Time Wisely - Get Your Dream Home Today Using VA Foreclosure Listings

 By: Jamie S Hanson
Now might be the best time to buy a house using VA foreclosure listings. Its unfortunate people are losing their homes but you can pick them up at reasonable prices. Not all homes listed through the VA are foreclosures. Some are there because they can't sell them in the normal market place, especially in today's housing market.

Most listing will be listed with a local realtor but to purchase them you have to go through the VA. The VA foreclosure listings will be in cities where there is a large military base. There's always a percentage of homes that are foreclosed on whether they bought them with a VA loan or through a private lender.

As servicemen are shipped to new locations, they don't have time or energy to wait around to see if their house sells or not, nor do they want their wives hanging around. It's easier for them to let them be foreclosed on and put back on the list. They don't get any return on investment but they do get rid of their house. Especially in today's market where a house may take many months to sell, if you can sell them.

VA foreclosure listings have homes for sale that are "as-is". Some of these houses are great for fixer uppers but sometime they just aren't worth even that. So check the listings carefully before purchasing one on the list. The house is listed at the full market value (which isn't much these days) and re-evaluated every 30 days. The prices come down after 30 day but the chances of getting a house for a super low price are gone. Once the market stabilizes house prices will remain steady.

The VA, just like banks, wants to minimize the loss to the government as well as disposing of its inventory. Inventory being houses they have on their books. Not all listings are "bad". You might find your dream home in one of the VA foreclosure listings.

One of the advantages of using a VA loan is to help pay for the closing costs, make a small or no down payment, and have low interest rate. These loans can save you thousands of out of pocket money. You also won't have to use a private mortgage insurer plus you automatically get instant equity when you purchase a house from VA foreclosure listings. You can't beat that, especially in the on going market today.

The only advantage the seller gets from using VA foreclosure listings is they don't have the foreclosure notice splashed all over the place. Their house just gets listed on the VA foreclosure listings so everyone doesn't know they lost their house. Unlike bank foreclosure where they not only put a big sign in your front yard but list it in several newspapers and on the Internet websites.

Using VA foreclosure listings can save you a lot of time and money. It can also help you find your dream home.
Artice Source:

Related Articles in Real Estate Listings

People interested in the above article are also interested in the related articles listed below:

Paint: Painting ceilings and walls - especially on walls that catch direct daylight any time during the day, is important. Repair any nicks, scratches, cracks or holes in walls, prime and paint. Unless it's been done recently, painting ceilings is also an important upgrade that should not be overlooked - namely in kitchens where grease and stains from splattered food can collect.
When it comes time to sell a home, buyers sometimes get complacent and make the mistake of incorrectly assuming the matter is out of their hands entirely. Selling a house is not simply a matter of calling a real estate professional and handing the job off to them. There are many steps you can take to improve the curb appeal and encumber the unique and compelling character of your home.
If you are looking for a home in the MN MLS area then no doubt you have been overwhelmed by the amount of real estate listings that there are up on the web. The fact is that given how many suburbs are located in the area it can be easy for someone from out of town to get confused about what is the best choice for them. In fact, even those who live in the area often get confused trying to sort through the many different listings posted online.

More in Real Estate Listings

Excellent, Larry. Thank you for taking the new article directory technology and making it work to the max. I encourage everyone to keep contributing and contributing regularly. I can attest to the fact that this site is already a strong directory in a field of many. Kudos to Larry!

Matthew C. Keegan
The Article Writer


I find it a delight to use both as an author and a publisher. It is full of nice little surprises that make the whole process of writing, reading and publishing articles a complete delight. This is one that comes out tops and beats the rest hands down.

Eric Garner
Managing Director


I did a Google search and came across your site. It was exactly what I was looking for and was elated to find such a broad range of articles. As I am launching a free magazine in a small town in Florida, I wanted to be as resourceful as possible while still being able to provide some content that is interesting and well written. Your site has all the variables in the mix. Excellent Site hitting all the notes in the scale sort of speak.

Mo Montana
Florida, USA

Article Topics

Copyright © 2005 - by Larry Lim, Singapore - Article Search Engine Directory at™
All Rights Reserved Worldwide. All Trademarks and Servicemarks are the property of the respective owners.
ArabicBulgarianCatalanChinese (Simplified)Chinese (Traditional)CzechDanishDutchEnglishEstonianFinnishFrenchGermanGreekHaitian CreoleHebrewHindiHungarianIndonesianItalianJapaneseKoreanLatvianLithuanianNorwegianPersianPolishPortugueseRomanianRussianSlovakSlovenianSpanishSwedishThaiTurkishUkranianVietnamese