A Letter to Banks for Sacramento Homebuyer

US flagYes, Short Sale and REO banks you received offers from this Sacramento home buyer couple. They have submitted many offers and yes, they were all very good offers. In fact, not only were they well over the asking price but this Sacramento homebuyer couple never asked you to pay a dime on their behalf.

The kicker here each time has been that they are obtaining a VA loan. No they are NOT a VA “no, no.” In fact they have a lot of cash but wish to spend the cash fixing the Short Sale home for sale and the REO home for sale just the way they want it.

This Sacramento home buyer couple are not strapped for funds but it just so happens that he is a United States Veteran and wants the ability to use what is rightfully coming to him. He served this Country in good faith and was awarded the honor of using a VA mortgage loan.

This Sacramento VA homebuyer couple sent me an article showing that this is not just happening to them but to many others.  Be sure to read, Are VA Loans Working for Troops?

But, you Short Sale and REO bank have denied him each and every time he has made an excellent offer on a home for sale. Even Congress extended the tax credit for service members who are first time homebuyers but hey, what the heck good is it when you won’t allow them to buy a house for sale? Just so happens that this Sacramento homebuyer couple makes too much money to qualify for the tax credit.

Are you worried the house won’t appraise? If that’s the case…SHAME on you. You certainly didn’t mind taking TARP funds from the American public. Are you American? You sure don’t act like it.

Does Congress need to give you more TARP funds in order for you to start accepting VA offers?

It’s a crying shame to see how we treat our Veterans. I hope you think about this and change your ways…between giving outrageous bonuses and discriminating against the Veterans, I’m ready to pull my money from your bank as I hope every true American will.  We are sick of it, BANKS and we won’t take it anymore!!

Sincerely and With Great Thought,
Gena Riede, Real Estate Broker

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