We may not end the epidemic of homelessness among the veteran community, but can prevent it from happening in the future, one veteran at a time.
The Freedom Flippers First-Look Home Buyer Program is part of the USA Homeownership Foundation, Inc. DBA Veterans Association of Real Estate Professionals (VAREP). Established in 2011, we are a 501(c)(3) non-profit dedicated to increasing sustainable homeownership, financial-literacy education, VA loan awareness, and economic opportunity for the active-military and veteran communities.
VAREP accepts bank-owned property donations from financial institutions in order to facilitate veteran homeownership. After renovation, properties are marketed to servicemembers, veterans, first-responders, civil servants and teachers to purchase for the first 15 days.
Beginning on the 16th day, the property will be marketed to all low and moderate income candidates. Buyers who qualify as one of our designated groups will receive up to a 5% discount off of market value in the form of credit toward closing costs. Neglected homes are revitalized into bright spots within the community. Our process creates jobs, produces responsible homeowners, and shows appreciation to our heroes – It’s a win for all!