Talk of The Villages Florida - View Single Post - VA Benefits
Thread: VA Benefits
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Old 09-29-2010, 08:18 AM
quidam65 quidam65 is offline
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First, condolences on the loss of your spouse. I applaud him for serving our country.

The issue with the nonacceptance of VA loans in TV involves new homes. Under a VA loan, certain closing costs which are normally paid by the buyer (you) are shifted to the seller. Since TV development will not pay for any closing costs that it is not required to pay by law, that is why they do not accept VA loans. But this does not apply to pre-owned homes in TV -- unless the house is owned by TV development in a foreclosure, you're dealing with another homeowner who may be agreeable to such.
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