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Existing Home Purchase

The eligible Veteran may purchase and existing home that meets their needs.  They may want to employ the services of a Realtor to help them locate a property.

Generally the seller of the property is paying for the services for the Realtor if the property is listed in a Multiple Listing Service.  Therefore it is usually a better use of the Veteran's time to use a Realtor that knows the local market. Please review the section on Realtors under the Heading above "Finding a Home"

A Veteran may also purchase a home that is not listed by a Realtor.  These properties are generally sold as For Sale By Owner or FSBO.  A veteran should seek legal advise when purchasing a FSBO.  Many borrower's, Veterans and non veterans have been taken advantage by FSBO sellers.  A Veteran should make sure to have all inspection done to protect themselves