VA Compromise Sales Discussions (32)

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Servicer Guidelines for Compromise Sale

Does anyone have a copy of a current servicer guide for VA Compromise sales?  Having issues with Navy Fed cutting commissions and some stan…

Started by Terry Hammill

0 Jun 26

Borrower current

I have a VA short sale that is taking a long time for lender approve. They said the holdup is the seller is current on her payments so they…

Started by Guerry Clegg

2 Jun 19
Reply by Chad Gelsinger

VA Compromise Sale - deed restriction on resale?

Does anyone know if there is a deed restriction on resale of a home purchased through a VA compromise sale? FHA and Fannie Mae restrict res…

Started by Brenda Houghton

2 Jun 4
Reply by Ken Bailey

VA Minimum Net is 84.05%

The net value factor has changed: http://www.benefits.va.gov/homeloans/servicers_valeri.asp

Started by Allan Robinson

2 Sep 11, 2018
Reply by Brett Goldsmith

Chase Rejects Offer For Higher Than Required Net

I've tried going through old discussion posts trying to find this answer and will continue but am hoping someone may save me some time. my…

Started by Julissa Jumper

0 Feb 26, 2018

VA relocation assistance extended beyond Dec 2016?

Does anyone know if the VA relocation assistance of $1500 was extended beyond the end of 2016?  

Started by Deb Clark-Wyles

2 Aug 3, 2017
Reply by Brett Goldsmith

Required net reduced to 84.05 percent

Many of you may know this but I just learned that the required net for VA Compromised Sales was reduced to 84.05 percent on Dec. 23, 2015.…

Started by Guerry Clegg

0 May 19, 2016

Important - VA COMPROMISE NET CHANGED to 85.05%

Hello All, VA Compromise Sales must now net at least 85.05% of appraised value, no longer 88.13%.  See the bulletin - VA Compromise Sale P…

Started by Wendy Rulnick

6 May 18, 2016
Reply by Guerry Clegg

VA Appraisal Too High-

My seller is facing foreclosure because the VA appraisal came in too high and WF advised that VA does not allow value disputes. Has anyone…

Started by Susanne Gibson

2 Mar 3, 2016
Reply by Susanne Gibson

Lose all VA benefits with short sale

I just had a disabled veteran come to me who was told that they would lose ALL of their benefits if they did a VA short sale.  Does anyone…

Started by Tni LeBlanc (805) 878-9879

8 Feb 23, 2016
Reply by Stephanie Dieren

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