Offer to Purchase and Contract of Sale(26-6705), Credit Statement of Prospective Purchaser(26-6705b), Addendum to VA Form 26-6705(Virginia)(26-6705d)

ICR 202004-2900-005

OMB: 2900-0029

Federal Form Document

ICR Details
2900-0029 202004-2900-005
Received in OIRA 201708-2900-017
VA VBA-LGY-MS
Offer to Purchase and Contract of Sale(26-6705), Credit Statement of Prospective Purchaser(26-6705b), Addendum to VA Form 26-6705(Virginia)(26-6705d)
Revision of a currently approved collection   No
Regular 09/28/2020
  Requested Previously Approved
36 Months From Approved 01/31/2021
53,500 53,500
17,458 17,458
0 0

VA Form 26-6705 serves as an offer to purchase and contract of sale for the offerors submitting purchase to VA on properties acquired through operation of the guaranteed and direct loan programs. VA Form 26-6705b is used to collect credit and income information necessary to determine whether an applicant qualifies to purchase a VA-owned property. VA Form 26-6705d is an addendum to VA Form 26-6705, used in the State of Virginia.

US Code: 38 USC 3720(a)(5) and (6) Name of Law: Powers of the Secretary
  
None

Not associated with rulemaking

  85 FR 23438 04/27/2020
85 FR 40737 07/07/2020
No

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 53,500 53,500 0 0 0 0
Annual Time Burden (Hours) 17,458 17,458 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$867,538
No
    Yes
    Yes
No
No
No
No
Danny Green 202 421-1354 danny.green2@va.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
09/28/2020


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