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Does having a VA loan limit a veteran's right or ability to sell the property?

Published 08/06/2012 09:44 AM   |    Updated 08/06/2012 09:44 AM

Does having a VA loan limit a veteran's right or ability to sell the property?

No. A veteran may sell the property to a veteran or non-veteran at any time. However, if the loan was closed after March 1, 1988, and it will be assumed, the qualifications of the assumer must be reviewed and approved by the lender or VA.