Q:What is a VA Foreclosed home?
A: VA sells mostly single family properties that are acquired as the result of foreclosures on VA guaranteed loans. 
The properties are available for sale to the general public through the services of private sector real estate brokers like Encompass Realty, and are sold to homebuyers and investors and to veterans and non-veterans. Encompass Realty has received the keys to properties and assist prospective purchasers in finding, viewing and offering to purchase them. Encompass Realty receive instructional material regarding the sales program and are familiar with VA sales procedures. VA pays the sales commission.

Q:What condition will VA Foreclosed houses be in.
A: VA homes are sold "as is," without warranty. That means VA generally will not make repairs except to preserve and protect the property or to eliminate a major safety issue. 

Q: How do I find out how to purchase a VA-owned property?
A: The best way is to contact Encompass Realty who participates in the VA sales program. It is VA's policy to utilize the services of the broker to sell the properties. Brokers have the responsibility of showing our properties to prospective purchasers and preparing purchase offers. Encompass Realty receives instructional material regarding our sales program and are familiar with our sales procedures. VA pays the sales commission.

Q: Do I have to be a veteran to purchase a VA-owned property?
A: No, all VA foreclosed properties are available for sale to both veterans and nonveterans.

Q: Where can I find lists of VA homes available for sale?
A: Your foreclosure specialist at Encompass Realty has access to daily updated lists of VA homes in various stages of foreclosures.

Q: I have more questions, who do I contact?
A: Contact a foreclosure investment specialist at Encompass Realty To answer all your questions.