Veterans and servicemembers who love Southwest style should consider this VA REO Property for sale near MCAS Yuma. Located at 1643 East 27th Street in Yuma, Arizona, this nearly 1600 square-foot home has plenty to offer your military family. Imagine owning a house on a corner lot with a pool.
Built in 1971, this Spanish style rambler features three bedrooms, two bathrooms, family room, walk-in pantry, extra large two-car garage, covered patio and an inground pool. The corner lot is landscaped with beautiful indigenous desert plants and trees. The house is close enough to your Marine Corps Air Station in Yuma to ride your bike to work. And, it’s far enough off-base for your family to feel like they’re part of the community. The best of both worlds is listed for just $80,000.
What used to be a bustling river port for military supplies from California, is now a quiet winter retreat for people from the north. The town still has a strong military presence because of the nearby Marine air base. But, it has also developed into a peaceful resort with numerous hotels and inns. Warm and sunny most of the year, Yuma has several golf courses. Birdwatchers delight in the abundance of migratory feathered friends who land at the Imperial National Wildlife Refuge. The area also offers hiking, fishing and boating opportunities. Be sure to check out the Yuma Territorial Prison State Historic Park and the Yuma Crossing State Historic Park for interesting late 19th century architecture.
VA Loans and VA REO Property
A VA REO Property or Real Estate Owned (REO) property is one that becomes the possession of the VA after the mortgage company attempts to auction a foreclosed property and fails. VA loans are certainly one way an eligible borrower could finance such a property. Most VA loans are obtained with zero down payment, and borrowers never pay private mortgage insurance. VA-owned properties, or VA REOs, are found on local Multiple Listing Sites (MLS) or at http://listings.vrmco.com, a site that lists VA REO property for sale. For more information about VA loans, contact a direct lender.
Note: VA REO properties can sell quickly. This VA REO property may or may not be available after blog posting.