Property Listing Accepted Offers Closings   

 

VA CONSOLIDATED SALES LISTING

SEND PURCHASE OFFERS ON VA FORM 26-6705 WITH APPLICABLE ATTACHMENTS TO:

DATE OF ISSUE: 4/1/2002
 

4/1/2002 (Simultaneous Bid Period Begins)

Department of Veterans Affairs Regional Office

4/10/2002 (Simultaneous Bid Period Ends)

Property Management Section (261B)

  

545 South Third Street

INTEREST RATE: 7.00%

Louisville KY 40202

ANNUAL PERCENTAGE RATE (APR): 7.25%
 

Cash Equivalent Factor: 95%

Telephone Number: (502) 582-5866

 

FAX Number: (502) 625-7454

  

Changes on Recorder: (502) 582-6897

  
   

**Web Site: www.vba.va.gov/ro/central/louvl/LOAN/Cover.htm

NOTE: This sales listing is subject to the terms and conditions of VA governing the sale of properties through Loan Guaranty operations. This sales listing is also subject to the covenants, restrictions and agreements affecting the particular properties. The provisions of 48 CFR 52.220-02, Notice of Total Labor Surplus Area Set-Aside, are incorporated by reference. VA acquired property sales are subject to the provisions of VA Form 26-6705, Offer to Purchase and Contract of Sale.

Properties are shown on this listing include features and disclosure codes shown below:

FEATURE CODES USED IN THIS LISTING:

DISCLOSURE CODES USED IN THIS LISTING:

Code

Description

Code

Description

0

LAND ONLY

AT

ABSOLUTE TITLE

AD

Adobe

B

BUILT IN GARAGE

AL

Aluminum Siding

A

ATTACHED GARAGE

AS

Asbestos Siding

C

CARPORT

BR

Brick

CS

CRAWL SPACE

BS

Brick/Vinyl Siding

D

DETACHED GARAGE

BV

Brick Veneer

DF

DEFECTS-Call PM for list for known defects

BW

Brick Veneer/Wood

FL

FLOOD INSURANCE REQUIRED

FR

Frame

G

GARAGE

LG

Log

I

INITIAL LISTING

MA

Masonry

IR

IRREGULAR LOT

SN

Stone Siding

IS

INVESTOR SPECIAL

ST

Stucco

RA

READVERTISED

SV

Stucco/Vinyl

RP

REPEAT LISTING

VS

Vinyl Siding

SL

SPLIT LEVEL

WF

Wood Frame

   

‘78

LEAD BASED PAINT MAY BE PRESENT-BUILT PRIOR TO 1978
   

MP

BELIEVED MEETS MPS-VA MAY NOT REPAIR TO MEET MPS
   

TP

TITLE PENDING
   

BN

CASH ONLY, $500 BONUS
   

BA

BASEMENT
   

SB

SLAB
   

CO

CASH ONLY

Important: The property descriptions in this listing are believed to be correct. However, prospective purchasers should carefully view properties prior to making offers. Unless the terms and conditions of sale for particular properties state otherwise, the properties are listed for sale "as is" without warranty by VA regarding the condition and capacity of the plumbing, heating and electrical systems and equipment, as well as roofing, foundations and other structural elements. Purchasers are responsible for satisfying local utility and code requirements for use and occupancy. VA provides additional instructions to real estate brokers concerning earnest money deposits and the receipt, selection and acceptance of purchase offers by VA. Sales commissions are not payable on certain sales to VA affiliates. Loans from VA to purchase these properties may not be assumed without prior approval by VA, its authorized agents, successors or assigns.

IMPORTANT: A VA Form 26-6705, Offer to Purchase and Contract of Sale, submitted on property built before 1978, is contingent upon a risk assessment or property inspection for the presence of lead-based paint and/or lead-based paint hazards. The purchaser may remove the contingency at any time without cause, or the duration of the contingency may be modified by agreement between the purchaser and VA; otherwise, the contingency lasts for 10 days after the date the offer is selected by VA. The ending date will be stated in VA Form 26-6705e, which will be sent to the purchaser or the purchaser’s agent when the offer is selected. The purchaser is responsible for ordering, and will bear the expense of, any risk assessment or inspection obtained under this contingency.

NOTE: Effective March 1, 2002, all processing of vendee loan applications for VA acquired properties will be completed at the VA Regional Loan Center in Roanoke Virginia. This change is made as the result of ongoing national reorganization efforts within the VA Home Loan Program. All previous offers in a pending status will be sent to them for processing after March 1. If you need a copy of the Memorandum giving more details, please FAX your request to (502) 625-7454. Due to workload restraints, requests by telephone cannot be processed in a timely manner.

ADDITIONAL NOTE: The results of all offers submitted under the competitive period will not be placed on the recorder until the evening of the full second work day after the period ends. Update calls should not be placed until then.

 

 

 

EQUAL HOUSING OPPORTUNITY