VA Compromise Sales

Group devoted to discussions for Veterans Administration short sales, called Offers in Compromise, or VA Compromise Sales.

Members: 197
Latest Activity: Sep 18, 2017

VA Compromise Short Sale Information


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To contact VA call 877-827-3702

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VA Servicer Guide



Dispute VA Compromise Appraisals by emailing [email protected]

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Discussion Forum

VA relocation assistance extended beyond Dec 2016?

Started by Deb Clark-Wyles. Last reply by Brett Goldsmith Aug 3, 2017. 2 Replies

VA Minimum Net is 84.05%

Started by Allan Robinson Aug 10, 2016. 0 Replies

Required net reduced to 84.05 percent

Started by Guerry Clegg May 19, 2016. 0 Replies

Comment Wall


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Comment by Scott on July 27, 2015 at 1:34pm

Has anyone heard the VA discontinuing Reconsiderations of Values on VA short sales?  I just had WF tell me that  this is a new "policy change".

Comment by Wendy Rulnick on June 25, 2015 at 6:34am

Brenda - The VA normally does not seek repayment, but that portion of the entitlement used for the purchase will not be available for other home purchases until repaid, if desired by the borrower. I suggest the borrower call the VA directly to satisfy himself. Tey are very helpful!

Comment by Brenda Houghton on June 24, 2015 at 3:38pm

We just received an approval letter on a Wells Fargo VA short sale. I quit doing VA short sales years ago after disappointingly high, immovable appraisals foiled a number of VA short sales for me. Thanks to a CFPB complaint we filed due to a lack of response by Wells Fargo, we were able to get an approval on this one, but I am concerned about one paragraph in the approval letter. It states:

"Nothing in this Notice or in the release of the mortgage waives the investor's (and all other interested parties') right to seek payment of the remaining deficiency under the loan documents or any of its other rights thereunder, and the obligations of the note shall remain in full force and effect until paid in full."

Does the VA routinely pursue veterans for repayment of a deficiency?

Comment by Beth Hinson on May 26, 2015 at 8:38am

I have a Wells Fargo VA Compromise sale with a contract that meets the required net amount and a buyer who's willing to take on the repairs that has killed other deals. However, the foreclosure sale is scheduled for Friday, June 2. (This is the 3rd contract and the foreclosure sale date has been postponed once already.) I've escalated to Randy K. Saffel, Assistant Vice President, Wells Fargo Short Sale Division and to the VA Loan Technician "helping" the homeowners. Is there anyone else to whom I can make an appeal to postpone the foreclosure?  (Mr. Saffel has been responsive, but the sale date has not been postponed - we have less than 4 days!!)

I appreciate any assistance!

Comment by Kevin - Greenville, SC on April 21, 2015 at 1:37pm

good job Wendy!

Comment by Kevin - Greenville, SC on April 21, 2015 at 1:18pm

Although there is no requirement that comparable sales or other real estate market information be submitted with a request for a change in value, such supporting information will greatly assist the VA in reviewing the request.  Lender Appraisal Processing Program (LAPP) cases should also include a recommendation by the Staff Appraisal Reviewer (SAR).


Comment by Wendy Rulnick on April 21, 2015 at 1:16pm

I had two value changes as a result of my market analyses on two properties in the past seven months.  One reduced from $135,000 to $125,000, another house from about $218,000 to $185,000!! I had one rejected, but it's one they sent BACK to the VA field appraiser. I think they were just swamped on that one. I was strongly advised by a VA staff appraiser, that the value challenge must "tell them something they didn't know (like comps), and be done in a grid format, so they didn't have to recreate an appraisal from comps.  

Comment by Kevin - Greenville, SC on April 21, 2015 at 1:13pm

Have not had much success with getting them to budge.

Comment by Wendy Rulnick on April 21, 2015 at 1:12pm

Michelle - Email [email protected] with a detailed market analysis and supporting information, such as inspection report. 

Comment by Kevin - Greenville, SC on April 21, 2015 at 1:12pm

sounds like you're pretty close. try to find a better buyer.


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