VA Compromise Sales Discussions (27)

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VA Minimum Net is 84.05%

The net value factor has changed: http://www.benefits.va.gov/homeloans/servicers_valeri.asp

Started by Allan Robinson

0 Aug 10, 2016

Required net reduced to 84.05 percent

Many of you may know this but I just learned that the required net for VA Compromised Sales was reduced to 84.05 percent on Dec. 23, 2015.…

Started by Guerry Clegg

0 May 19, 2016

Important - VA COMPROMISE NET CHANGED to 85.05%

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 P…

Started by Wendy Rulnick

6 May 18, 2016
Reply by Guerry Clegg

VA Appraisal Too High-

My seller is facing foreclosure because the VA appraisal came in too high and WF advised that VA does not allow value disputes. Has anyone…

Started by Susanne Gibson

2 Mar 3, 2016
Reply by Susanne Gibson

Lose all VA benefits with short sale

I just had a disabled veteran come to me who was told that they would lose ALL of their benefits if they did a VA short sale.  Does anyone…

Started by Tni LeBlanc (805) 878-9879

8 Feb 23, 2016
Reply by Stephanie Dieren

VA compromise sale with mechanic's lien

I am doing a VA short sale with Bank of America servicer and it would be generally quite painless except that the seller has an outstanding…

Started by Theresa McDonald

0 Oct 11, 2013

Need advice on Compromise Sale through Freedom Mortgage

I've successfully completed other types of short sales, but this is my first experience with a VA Compromise Sale.  The servicer is Freedom…

Started by Christine Grace

1 Oct 1, 2013
Reply by Kevin - Greenville, SC

Do you have to be behind on mortgage to do a VA compromise sale if active military!

I have a client that is being transferred do to military duties and has told me that he thinks he can do a compromise sale even though he i…

Started by Sarah Little

0 Apr 5, 2013

Default before first 12 months of loan - Is Seller eligible for short sale??

My seller missed the 12th payment on his VA loan due to a job transfer and medical hardship.  We are trying to determine if he is now ineli…

Started by Deanna Dopslaf

2 Mar 26, 2013
Reply by Deanna Dopslaf

Where to submit?

Hi all! Sorry for such a dump question. I've never done a VA backed ss before. Is there a specific fax # or contact information for how to…

Started by Sarah Davis

5 Feb 26, 2013
Reply by Kelly Magreevy

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