VA Compromise Sale - deed restriction on resale? - Short Sale Superstars2024-03-29T12:47:03Zhttps://shortsalesuperstars.com/forum/topics/va-compromise-sale-deed-restriction-on-resale?groupUrl=VAshortsales&xg_source=activity&feed=yes&xn_auth=noI agree with Chad's reply. We…tag:shortsalesuperstars.com,2019-06-04:3468065:Comment:3977152019-06-04T16:45:50.941ZKen Baileyhttps://shortsalesuperstars.com/profile/KenBailey
<p>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 FNMA deed restriction language and are applying to their own SS requirements.</p>
<p>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 FNMA deed restriction language and are applying to their own SS requirements.</p> Brenda, Typically VA does NOT…tag:shortsalesuperstars.com,2019-06-04:3468065:Comment:3977122019-06-04T16:31:29.071ZChad Gelsingerhttps://shortsalesuperstars.com/profile/ChadGelsinger
<p>Brenda, Typically VA does NOT require the resale language in the new deed. Check with the Servicer though... Sometimes they will require the language. We recently had an FHA file where the restrictive language was required by the Servicer, not FHA. Chad.</p>
<p>Brenda, Typically VA does NOT require the resale language in the new deed. Check with the Servicer though... Sometimes they will require the language. We recently had an FHA file where the restrictive language was required by the Servicer, not FHA. Chad.</p>