Forum

VA Short Sale tips...

Posted by Trong Dang on September 30, 2012 at 6:02pm in Short Sale Discussions

I just got contacted today by a VA who is looking for help short selling her house, I've never done a VA Short Sale before and looking to see what is the different between VA vs (FHA/traditional).  From my searches on the forum, it appears to be somewhat like a FHA short sale starting with the Application, then the Appraisal and disclosing of the minimal net they willa accept.  Is this correct?  Any tips would really be appreciated.  Thank you so much.

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

Email me when people reply –
Follow

Replies

  • Trong Dang October 1, 2012 at 4:02am

    Kevin and Jeff, thank you so much for the pointers and the link, it is very helpful now.

  • Jeff Payne October 1, 2012 at 3:42am

    I do alot of VA short sales and they for the most part are easy.  NEVER wait for them to give you the list price, get it on the market at market value and be sure offers make sense.  The VA will then do their appraisal and they will need to NET 88.13% of their appraisal.

  • Kevin - Greenville, SC September 30, 2012 at 7:21pm

    http://shortsalesuperstars.com/group/VAshortsales

This reply was deleted.
********************************** like buttons ************************