Tips For Winning A VA Foreclosure Bid

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Anyone out there have any advice on submitting a successful VA Foreclosure bid? Is it as simple as having the highest bid? Are there things that the VA looks for, like preapproval letters, earnest money and no request for closing costs that will override the highest net bid or is it simply "SHOW ME THE MONEY!??

Comments(1)

  • davidbarnes7th April, 2004

    from what I know, its a crappy system. You don't know the other bids. You call yours in and hope.

    anyway, know what you are willing to spend, and decide what to offer. Its not round robbin format so you really only get one shot.

    good luck.

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