Ken Bailey
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Ken Bailey replied to Brenda Houghton's discussion VA Compromise Sale - deed restriction on resale? in the group VA Compromise Sales
"I agree with Chad's reply. We've had Servicers require deed restriction language on FHA PFS's, and also had one (Navey Federal) require it on a VA Compromise, neither which were required by FHA or VA. Many Servicers have copied the…"
Jun 4, 2019

Profile Information

First Name
Ken
Last Name
Bailey
Are you a...
3rd Party Negotiator
State
Virginia
City
Virginia Beach

Ken Bailey's Blog

VHDA short sales

Posted on February 27, 2012 at 10:24am 0 Comments

Are there any other Virginia SS gurus on this site? I could use some help on a VHDA SS. VHDA is a tough nut and we could use some help from someone who has more experience than we do with them. We've closed one with them, and it went beautifully, but we are finding that they don't negotiate and their SS terms on their non-insured loans are all but impossible. I am working on 2 at the moment (neither are insured loans--the one we closed was insured, so none of the following conditions…

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