VA Compromise Sales

Group devoted to discussions for Veterans Administration short sales, called Offers in Compromise, or VA Compromise Sales.

Members: 197
Latest Activity: Sep 18, 2017

VA Compromise Short Sale Information


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To contact VA call 877-827-3702

VA Homes Loans Website
VA Financial Worksheet.pdf
VA Servicer Guide



Dispute VA Compromise Appraisals by emailing [email protected]

VA Dispute Form - BPO

VALERI System Questions



Discussion Forum

VA relocation assistance extended beyond Dec 2016?

Started by Deb Clark-Wyles. Last reply by Brett Goldsmith Aug 3, 2017. 2 Replies

VA Minimum Net is 84.05%

Started by Allan Robinson Aug 10, 2016. 0 Replies

Required net reduced to 84.05 percent

Started by Guerry Clegg May 19, 2016. 0 Replies

Comment Wall


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Comment by Bill Garrett on April 14, 2017 at 11:08am

My thanks to Corinn and Wendy.  Have a good weekend.

Comment by Corinn on April 14, 2017 at 9:21am

This is the most recent dispute form that I've received for a VA short sale.  I hope it's useful. VABPODispute.xls

Comment by Wendy Rulnick on April 14, 2017 at 9:06am

Bill - Be as detailed as you can, use a grid or CMA format, make adjustments. Show why. Use supporting evidence, such as inspection report, photos, etc.

Comment by Bill Garrett on April 14, 2017 at 7:23am

VA APPRAISAL DISPUTE............Our VA appraiser was either unaware of or ignored significant repair work that was needed.   No buyer is going to pay enough to hit the required net.  .............. Anything new about challenging a VA appraisal?  Still initiate by emailing   [email protected]?  Any required forms?............... I always welcome any suggestions on this stuff.  .............. Thanks.

Comment by Bill Garrett on September 14, 2016 at 12:51pm

Wendy:  Thanks, as always, for the quick and reliable info.  Appreciated.

Comment by Wendy Rulnick on September 14, 2016 at 12:39pm

Bill - VA says they cap, but in reality, if the net to the VA is within limits, they have allowed the excess to pay the junior lien.  I have not seen a requirement from the VA for the junior to forgive, Kevin Lancaster?

Comment by Bill Garrett on September 14, 2016 at 6:40am

JUNIOR LIEN PAYMENTS____________ Two Questions:  _____ (1) Does VA cap what is allowed to a 2nd mortgage?  ______ (2) Does VA require the 2nd mortgage to forgive the balance of the loan?   ______ Thanks.

Comment by Wendy Rulnick on April 14, 2016 at 5:55am

Congratulations, Guerry!

Comment by Guerry Clegg on April 13, 2016 at 9:01pm

Update: We closed and they allowed $8,358 in buyer CC.

Comment by Guerry Clegg on February 19, 2016 at 6:27am

I still don't have approval, but it looks promising. Here's what VA said, followed by Chase's response. I left out the VA regs bc they are too long and they only deal with getting an extension on the appraisal:


Hey Guerry,

Below is the regulations in regards to loan termination, which includes (foreclosure, short sales or dil). It has no mention of closing costs, as VA does not have any requirements in place. I was 99% confident we didn’t have any requirements but because I can’t provide anything in writing I asked my Team Lead just for verification and he confirmed we have no requirements what so ever at time of short sale other than the net value being met. There isn’t even a hard 3% rule, that would also be coming from the lenders side and might be standard across the board but again even that is not a VA regulation. Please let me know what Chase says and I will be sure to reach out to them if you continue to have issues.


Hi Guerry, Please provide full name and number of the person you spoke to over the phone at VA. My manager will talk to them. If they want to proceed with it, we don't have a problem but we need to get an approval from them. Please provide the name and number. Thanks


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