Military Significant Others and Spouse Support - MilitarySOS.com
Page 1 of 2 12 LastLast
Results 1 to 10 of 11

Thread: VA buying back a house?

  1. You are here.
    Frybread's Avatar
    Frybread is offline
    You are here.
    Join Date
    Jul 2008
    Location
    SoCal
    Posts
    23,977
    #1

    VA buying back a house?

    Advertisements
    We bought a house back in 2009 during with a VA loan while they had that federal housing tax credit. When we were about to move and rent the house out DH inquired to the VA about renting the house, and the VA actually offered to buy the house from us. Anyone ever do the VA buy back? We may be looking into it soon. Just wondering if anyone has ever done that
  2. Senior Member
    Judi89's Avatar
    Judi89 is offline
    Senior Member
    Join Date
    Jun 2008
    Posts
    30,839
    #2



    "If we ever forget that we're one nation under God, then we will be a nation gone under." - President Ronald Reagan
  3. Preaching from the book of Johnny Cash...
    lilinkgirl's Avatar
    lilinkgirl is offline
    Preaching from the book of Johnny Cash...
    Join Date
    Oct 2010
    Posts
    14,997
    #3
  4. Senior Member
    RhodyMama's Avatar
    RhodyMama is offline
    Senior Member
    Join Date
    Sep 2007
    Location
    Ashaway, RI
    Posts
    12,565
    #4
    I don't know anything about that, but I'm pretty sure that if you sell the house within 5 {I think} years, you have to pay back the credit
  5. Banned
    gunsgirl's Avatar
    gunsgirl is offline
    Banned
    Join Date
    Jul 2007
    Location
    lost
    Posts
    17,275
    #5
    I went to the VA site and could find nothing on a program like your talking about-

    as far as I know there is no such program
  6. Senior Member
    Kat89's Avatar
    Kat89 is offline
    Senior Member
    Join Date
    Jan 2010
    Location
    Fort Campbell
    Posts
    6,433
    #6
    Our friends are in the process of something like that. He was offered an awesome job overseas for the military and their house from a previous PCS (they were renting it out) hadnt sold and now the government is. I dont know if it is the same thing but I can ask him about it next time I see him
  7. MissOptimistic
    MissOptimistic's Avatar
    MissOptimistic is offline
    MissOptimistic
    Join Date
    Aug 2009
    Location
    Somewherez.
    Posts
    19,620
    Blog Entries
    2
    #7
    That is cool

    Quote Originally Posted by FireStorm View Post
    I don't know anything about that, but I'm pretty sure that if you sell the house within 5 {I think} years, you have to pay back the credit
    I heard that military orders get you out of that...
  8. Mom with Messy House and Happy Kids!!
    Mommie2My4Angels's Avatar
    Mommie2My4Angels is offline
    Mom with Messy House and Happy Kids!!
    Join Date
    Jun 2007
    Location
    Fort Meade, MD
    Posts
    4,883
    #8
    Quote Originally Posted by MissOptimistic View Post
    That is cool



    I heard that military orders get you out of that...
    You heard right we only lived in our brand new house a year and got the credit and we just filed a paper claiming military exempt to keep from paying back the credit.
  9. You are here.
    Frybread's Avatar
    Frybread is offline
    You are here.
    Join Date
    Jul 2008
    Location
    SoCal
    Posts
    23,977
    #9
    Quote Originally Posted by Kat89 View Post
    Our friends are in the process of something like that. He was offered an awesome job overseas for the military and their house from a previous PCS (they were renting it out) hadnt sold and now the government is. I dont know if it is the same thing but I can ask him about it next time I see him
    Yeah, thats what DH was talking about. The VA rep dh had talked to and our realtor that we bought the house from told us about this.
  10. You are here.
    Frybread's Avatar
    Frybread is offline
    You are here.
    Join Date
    Jul 2008
    Location
    SoCal
    Posts
    23,977
    #10
    Quote Originally Posted by MissOptimistic View Post
    That is cool



    I heard that military orders get you out of that...
    yep, thats what we were told as well.
Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •