VA And The Short Sale

I will not list VA short sales and often get questioned as to why I take this stand. Well, VA short sales differ for two important reasons. First, they use only VA approved appraisers for the home which I consistently find are significantly high values and not at all a reflection of the neighborhood. Second, the VA accepts a minimum of 88% of the appraisal value for a short sale. That's a very high number considering it's the NET they take not an offer. This includes all closing costs, fees etc.. It usually puts the home at the regular to high market value. This would be great if the home were in great condition but they usually reflect a declining income and inability to keep up the home. Additionally, I find the the VA often likes the Deed In Lieu over short sale so after you are into the process with time and money they come in and offer the sellers money to leave the home. I know there have been some success stories with VA short sales but they are too few for me to spend my time.