How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask P. Simmons Your Own Question
P. Simmons
P. Simmons, Lawyer
Category: Real Estate Law
Satisfied Customers: 33095
Experience:  12+ yrs. of experience including real estate law.
11181181
Type Your Real Estate Law Question Here...
P. Simmons is online now
A new question is answered every 9 seconds

As a seller, can I limit my choices of sales to only cash and

Customer Question

As a seller, can I limit my choices of sales to only cash and conventional buyers? Am I required to accept V A loans?
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  P. Simmons replied 1 year ago.
Thanks for the chance to help. I am an attorney with over 12 years experience. Hopefully I can help you with your legal question.
As a seller you can absolutely dictate the terms of the sale; for example, you can require that the sale be in cash.
Additionally, you could refuse to accept a VA loan. VA loans are, in general, expensive for the seller. The VA requires additional processing in this can lead to additional costs. There is no legal prohibition to you refusing to accept a VA loan as part of your sales contract.
Please let me know if you have more questions. I am happy to help if I can. Otherwise, please rate the answer so I may get credit for my work.