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Realty Executives Premier
So...there are good reasons for a seller to avoid VA loans. In a seller's market, when bidding wars are raging, it is very common to see a seller opt for an offer that is NOT VA over one that IS.
Now, all that said...you can't beat the downpayment! And with some lenders the rates are unbeatable as well. But again, those are benefits for the buyer, not the seller. Best of luck in your transaction...
For this reason, it is often a waste of time to go after REOs with a VA loan. Short sales will be very difficult as well, because the seller is under financial strain and the keeping the house in perfect condition is not the highest of their priorities.
The seller wants the house sold with as little potential problems as possible. Often, they would prefer not to accept an offer and go through mountains of paperwork to, at the end, have the loan not be able to be funded and have the whole transaction fall apart.