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Real Estate
Reply to "VA Loan from a Seller's viewpoint"
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[quote=Anonymous]If I remember correctly, you have to pay some of the closing costs. The LTV is very high, like maybe 97%, so the appraisal becomes very important, and you would be expected to decrease the price if the contract price isn't hit because the buyers usually don't have any wiggle room in their ability to pay. They usually are used by people who don't have much of a down payment, so that makes their willingness to walk away higher than someone who can put down at least 10-20%. [/quote]
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