Can a seller state they will not accept VA or FHA financing?

Yes, this is legal. Many properties in the last few years have been flipped, so it's very hard to put a VA or FHA loan in place on these properties. Also the seller has the right to accept or turn down any offer (even if it's a full price offer). For more information please contract me at dkester@thelendingco.com or visit my website www.trustyourlo.com

A seller can choose not to accept an offer from a buyer that will be using FHA or VA financing. The seller in this case may not want to make the repairs that are required in order for the property to be financed using FHA or VA loan. You can use a FHA 203K loan if the property is in need of repairs.

Of course, No one can compell you to accept any offer that has financing. Keep in mind that announcing you are not willing to accept FHA or VA financing is telegraphing to potential buyers that there is something wrong with the property, which in turn will cause potential conventional buyers to shy away from your home. There could be other reasons for excluding FHA/VA that are unique to your situation, and I would be happy to discuss these with you. I am in Chandler and can be reached at 480-889-9000.

FHA and VA are government insurance programs, they are not "Lenders". The lender who actually lends the funds can pick and choose and have their own set of guidelines in addition to FHA VA if they so choose. WilliamAcres.com

Sure... They could also say you need to climb the flag pole in the front yard and act like a monkey or they won't sell you the home. The reality is they usually say those things because they believe the house won't pass the requirements of a buyers VA or FHA home loan, and they are unwilling to make the repairs to the home that that type of financing will require.