Foreclosure in California>Question Details

Mike, Home Buyer in Chico, CA

Has anyone successfully purchased an REO property using a Cal Vet loan or even just a VA loan?

Asked by Mike, Chico, CA Sat Jul 5, 2008

I've been told that Cal Vet and VA require too much from a seller (I suppose in such things as pest clearances and escrow fees), and so banks won't look at an offer with Cal Vet or VA funding. I'd really be interested in hearing from someone who has successfully purchased a home with Cal Vet and if he or she had any issues with the seller. Thank you.

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