Why Buy VA Owned Properties?

SellState GCR has been contracted by Ocwen Federal Bank FSB to manage, market, and sale VA owned properties throughout Escambia and Santa Rosa counties. We were one of the first local real estate companies to be awarded this responsibility and have maintained one of the largest property inventories in the gulf coast area.

VA owned properties offer buyers some unique opportunities that other REO properties do not.

For example, did you know that VA properties offer their own financing at a fixed 5.5% rate with zero down for owner-occupants and as little as 5% down for investors? And no, you do not have to be a veteran to bid on these properties. All closing cost can even be paid by the seller depending on the type of financing.

If you or someone you know is interested in learning more about how to buy a VA owned property, whether as an investor or an owner-occupant, please contact us. We have the expertise and experience needed when it comes to buying VA properties. If you are not buying through SellState GCR, then you are probably paying too much!

On August 27, 2003, VA awarded the contract to Ocwen Federal Bank, FSB (Ocwen), for the management, marketing and sales of all VA Real Estate Owned Properties (REO) through the U.S. and its territories. Under this contract, Ocwen will manage all VA acquired properties throughout the life of the contract.

Contact us for more information:
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