VA Compromise Sales Discussions (34)

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Did the Minimum NET change?

Lender told me they needed to NET 84.5% instead of the 85.05% that the internet shows. Does anyone have information that supports this? I d…

Started by Neil L.

3 Apr 9, 2020
Reply by Brett Goldsmith

VA Short Sale Appraisal Value Dispute

We have received a second appraisal from the short sale lender that is far too high for the condition of the property and the market.Ironic…

Started by Rose Beaverson

3 Aug 20, 2019
Reply by Jason Sanseverino

Servicer Guidelines for Compromise Sale

Does anyone have a copy of a current servicer guide for VA Compromise sales?  Having issues with Navy Fed cutting commissions and some stan…

Started by Terry Hammill

0 Jun 26, 2019

Borrower current

I have a VA short sale that is taking a long time for lender approve. They said the holdup is the seller is current on her payments so they…

Started by Guerry Clegg

2 Jun 19, 2019
Reply by Chad Gelsinger

VA Compromise Sale - deed restriction on resale?

Does anyone know if there is a deed restriction on resale of a home purchased through a VA compromise sale? FHA and Fannie Mae restrict res…

Started by Brenda Houghton

2 Jun 4, 2019
Reply by Ken Bailey

VA Minimum Net is 84.05%

The net value factor has changed:

Started by Allan Robinson

2 Sep 11, 2018
Reply by Brett Goldsmith

Chase Rejects Offer For Higher Than Required Net

I've tried going through old discussion posts trying to find this answer and will continue but am hoping someone may save me some time. my…

Started by Julissa Jumper

0 Feb 26, 2018

VA relocation assistance extended beyond Dec 2016?

Does anyone know if the VA relocation assistance of $1500 was extended beyond the end of 2016?  

Started by Deb Clark-Wyles

2 Aug 3, 2017
Reply by Brett Goldsmith

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



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