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 Program Changes

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Thank you for sharing this information.

You're welcome, Jim!

Is the 85.05% still current, just making sure as I'm about to start the short sale process with Regions Bank.  Any feedback in dealing with Regions Bank on a VA compromised Short Sale is greatly appreciated.  Thanks

Petra - It is current!  Regions just has to abide by the guidelines. Post here if you have difficulty!

thanks, Wendy :)

A negotiator at Chase told me today that the required net for VA was reduced to 84.05 percent last December. Does anybody know if that's true?

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