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Property Management
and Miscellaneous
Frequently Asked Questions
Questions about VA-owned homes
for sale, etc.
Q: How do I find out how to purchase a VA-owned
property?
A: Ocwen Loan Servicing, LLC is VA's service
provider who lists and sells VA acquired property.
You may view their website by clicking
here, the
government website by clicking
here, or contact a
local real estate broker in the area where you wish
to live.
Q: Where can I find lists of VA homes available for
sale?
A: Please go to Ocwen's website
by clicking
here, the
government website by clicking
here, or contact
the real estate broker of your choice.
Q: Will VA finance the purchase of a VA-owned
property?
A: Yes, vendee financing (i.e., seller-financing) is
available for most, but not all, property sales.
With vendee financing the down payment requirements
are very reasonable, and the interest rate is
established by VA based on market conditions. Any
prospective purchaser who requests VA financing to
purchase a VA-owned property must have sufficient
income to meet the loan payments, maintain the
property and pay all taxes, insurance, utilities and
other obligations, and acceptable credit. The
purchaser must also have enough funds remaining for
family support.
Q: Do I have to be a veteran to purchase a VA-owned
property?
A: No, all VA properties are available for sale to
both veterans and non veterans.
Q: How do I apply for vendee financing?
A: All forms and instructions are located in the Ocwen
VA Vendee Financing Section by clicking
here.
Click on the following categories
for
VA Financing - Vendee Information
Q: How do I become a Selling Broker?
A: For those interested in selling REO properties in
your market area(s) you must first register and
qualify through Ocwen's standard application
process. In order to register and qualify as an
Ocwen affiliated REO agent or appraiser please click
here.
All approved broker agents are required to use
specific forms and documents. To obtain copies of
these documents online, please click
here.
For additional information please
email Ocwen.
Ocwen Realty Advisors and Ocwen Technology Xchange
will not be charging any REALTrans charges for
property listings or CMA requests on VA owned
properties. Any agents who perform other Mortgage or
Real Estate related services for Ocwen Realty
Advisors on non-VA owned properties will be charged
the normal transaction fees for orders delivered via
REALTrans.
Appraisers will be charged the standard REALTrans
charge for delivering appraisals relative to the VA
owned properties.
Subcontractor Information
If you are interested in third party contracting
opportunities for REO property preservation and
maintenance, please click
here.
Q: Who may I contact?
A: Here is the information:
VA REO Ocwen Loan Servicing, LLC
12650 Ingenuity Drive
Orlando, Florida 32826
Ocwen Loan Servicing, LLC
Attn: VA Vendee Financing
P.O. Box 785060
Orlando, FL 32878
Department of Veterans Affairs
Property Management (263)
810 Vermont Avenue, NW
Washington, DC 20420
Department of Veterans Affairs
Property Management Oversight Unit
3401 West End Avenue, Ste 760
Nashville, TN 37203
General Fax: 215-713-9481
Additional Contact Information:
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