Veterans Affairs Reo Properties

Vendor resource management, inc. Has a prime contract with the va to manage and outsource the vendee™ loan program, which offers qualified borrowers the option of purchasing va real estate owned (reo) properties with little to no money down. Jun 26, 2023 · these properties are known as va reo homes. “reo” stands for “real estate owned,” which are homes purchased with va mortgages, repossessed, and put up for sale with a low down payment required, or none at all. These acquired properties are marketed for sale through a property management services contract that was recently awarded to vendor resource management (vrm).

Va manages these properties (known as reo) through disposition, which includes management, marketing, and disposition activities. Va has sold those acquired properties with seller financing, known as a vendee loan, which required loan servicing by va. The va vendee™ loan program offers qualified borrowers the option of purchasing eligible va real estate owned (reo) properties with little to no money down. The va vendee loan program offers qualified borrowers the option of purchasing va real estate owned (reo) properties with little to no money down. A list can be obtained here.