subject: Va Foreclosure Listings [print this page] Our foreclosure listings are up to date and compiled by experts in the field ensuring that you get access to the latest offerings in the foreclosure market.
Why VA Foreclosure Listings?
VA foreclosures are at a different level of the foreclosure procedure. This is a legal action which is taken against a property as a result of a mortgage default. During this time the lender involved in the contract is seeking to take possession of the particular property in question.
If the borrower wants to stop this process he has to bring the mortgage loan back to current. In legal terms this is known as a VA Single Family. The ownership of the land in this form of foreclosure is in a fee simple type. The VA title is thus issued in the name of the owner of the house. We provide you access to the latest VA foreclosure listings and this list is updated on a regular basis.
VA Foreclosure Listings-An Excellent Financing Tool
The VA mortgage is an excellent financing tool especially when it comes to buying a lot. A VA mortgage is basically a bank loan which can be used to get the listings as well as the initial down payment. For the buyer, a real estate VA foreclosure is an ideal opportunity to pick up a home of their choice on a highly discounted VA price. This is because the down payment has already been made by the previous home owner. Furthermore the value of the house is likely to have appreciated since the time of the payment of the original down payment. Our VA foreclosure listings are a great resource for picking up bargain deals that cannot be found in the conventional real estate market.
