- Country: USA
- Summary: Real Estate Owned (REO) Program
- UST Ref No: 124320614
- Deadline: 08 Sep 2025
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: VAREO
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- Description:
- Description
This is a REQUEST FOR INFORMATION only. Pursuant to FAR Part 10.002(b)(2)(ix) (Market Research), the purpose of this notice is to:
1. Determine the commercial practices of companies engaged in providing the needed service;
2. Determine feasibility of use of General Services Administration (GSA) Federal Supply Schedule (FSS) Pursuant to FAR Part 8, FAR Part 12 and/or FAR Part 15;
3. Determine availability of Service Disabled Veteran Owned Small Business (SDVOSB) and VOSB set aside pursuant to FAR Part 19; and
This notice in no way obligates the Government to any further action.
The Veterans Benefits Administration (VBA) is looking for Real Estate Owned Program
Title Package Process Explanation
We want to provide insight and clarity into the title process as it pertains to the VA and REO properties. We feel this will give the potential bidder a clearer understanding of how the process works and assist them with possible bid preparation. We offer this as the VA REO title process is different from normal REO title processes.
When a lender forecloses on a VA property and assigns the property back to the VA, it transfers without title. After the VA accepts custody, its contractor reaches out to the former servicer, lender, etc. and provides them with guidance on how long they have to provide the VA with marketable title. Once the former servicer provides the required title documents to VA-s contractor, the contractor sends the title package to VA-s National Practice Group (NPG) for their review. At this point NPG will either approve or reject the package, and if rejected they will provide a letter with the reasons the package was rejected. The contractor then notifies the former servicer either way, approved or rejected. If approved then nothing further is required, if rejected, then the contractor provides the former servicer with a letter outlining the reasons for the rejection and how much time they have to cure t... - Documents:
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CLICK HERE TO LOGINReal Estate Owned (REO) Program - USA Tender
The VETERANS AFFAIRS, DEPARTMENT OF, a Government sector organization in USA, has announced a new tender for Real Estate Owned (REO) Program. This tender is published on USARFP under UST Ref No: 124320614 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-09-08.
The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.
