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Sell CalVet REOs
PAL Agents

​The Department works with licensed real estate agents and brokers in good standing, approving them to become a CalVet PAL Agent.  A CalVet PAL Agent investigates, manages, lists, and sells CalVet repossessed properties.  The CalVet Property Agent assigned to facilitate the sale of the repossessed property makes all financial decisions, supervises, and approves the activities of the PAL Agent during the REO sale process.

A PAL Agent is expected to:

  • Provide proof of their current Real Estate license issued by the California Department of Real Estate (DRE).
  • Be competent with regards to real estate laws and regulations.
  • Perform per the Department's policy and procedure guidelines and requirements.
  • Demonstrate an overall responsiveness to the Department, including actively marketing the property.

To apply for PAL Agent approval, please download and review the PAL Agent Information Package.

Continued participation in the program is voluntary and at the sole discretion of CalVet Home Loans.  The program is subject to change at any time.

 

 

​CalVet Home Loans
Collections and Cancellations/REO Units
P.O. Box 942895
Sacramento, CA 94295
800-952-5626 (Toll Free)
916-503-8357 (Direct)
E-Mail: collections@calvet.ca.gov
E-Mail: reo@calvet.ca.gov

Prospective Buyers Card

Sell CalVet REOs