Comment

Comment by Wendy Rulnick on January 13, 2011 at 3:58am

Kevin  - Ask negotiator to "tickle" for response. I'm sure you have.  It does seem abnormally long!

Comment by Kevin - Greenville, SC on January 13, 2011 at 3:54am

Wendy,  I sent in my own BPO to dispute the appraisal, but am still waiting on those results after two months.   This seems abnormal to me for it to take this long for the results of the dispute to come back in from the VA, but that is what Wells Fargo is telling me....

 

Meanwhile about a month ago they placed they home on the court docket for foreclosure on 12-1-10 while still under going a ROV.

Comment by Wendy Rulnick on January 13, 2011 at 3:47am

Kevin - I see, very cool for you!  What tactic did you use to dispute?

Comment by Kevin - Greenville, SC on January 13, 2011 at 3:44am

Wendy, The appraisal was done many months ago.  I've disputed it, but they are saying after over two months the results of the dispute are not back.

 

Comment by Wendy Rulnick on January 13, 2011 at 3:28am

Kevin - That seems long.  No appraiser has been out to the property yet?

Comment by Kevin - Greenville, SC on January 12, 2011 at 6:35pm

Wendy,

 

 I'm being told by Wells Fargo that - "The ROV is still outfor review as it was submitted on Nov 5, 2010 "  

 

Is is normal for the VA to take this long? Or is Wells Fargo yanking my chain?

 

Thanks, Kevin

Comment by Wendy Rulnick on January 5, 2011 at 10:26am

Dawn - You can add discussion to the thread at the top of the group.  I responded to your link, though. 

Comment by Dawn Barrier eXp Realty Vegas on January 5, 2011 at 10:20am

 Sylvia , I'd like to know as well so I put it out there for discussion....http://shortsalesuperstars.com/forum/topics/has-anyone-closed-a-va

Comment by Wendy Rulnick on January 3, 2011 at 4:17pm

Deb - I think she is confusing VA compromise sale with HAP (for military PCS) which states home must be marketed 120 days prior to submitting an offer. HAP does not hold to that, by the way. Two separate things.

Comment by Deb Orth on January 3, 2011 at 3:39pm

I have a listing with a VA loan.  I feel reasonably certain that we  will be getting a contract in the next month or less.  This would be my first VA short sale.  A buyer's agent left a message today asking if the 120 day countdown had begun.  I've reviewed as much as possible about compromise sales and don't see anything about a 120 day countdown.

 

Can someone shed some light on this for me?

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