Posted by Bill Bronchick on December 07, 1999 at 17:18:53:
The answer to both your questions, is yes.
VA Loans and DOS - Posted by GregN
Posted by GregN on December 07, 1999 at 16:46:58:
I was chatting with a realtor yesterday and she mentioned that homes with a VA loan (even those created recently) can be sold via contract for deed (installment sale) w/o triggering the due on sale clause. Is this true?
If so, does that mean you could register your CFD at the courthouse w/o having to worry about the bank calling the loan due? Also, could you then sell on a CFD AGAIN, to a new buyer?
Appreciate any feedback (especially from those that have done it!). Thanks.
GregN
Re: VA Loans and DOS - Posted by Jeff
Posted by Jeff on December 08, 1999 at 20:52:41:
If you have the VA loan although, don’t you lose the opp to get another one as long as the first one is tied up?? (Hey I am a newbie.)