VA Short Sale Program

By
Real Estate Agent with REMAX Professionals

The Department of Veterans Affairs has a Compromise Sale Program for VA Loans if the borrower is unable to sell the property for an amount that is greater than or equal to what he/she owes on the loan, including closing costs.  VA may pay a compromise claim for the difference in order to allow the private sale to go through.  For more information go to http://www.benefits.va.gov/roanoke/RLC/forms/COMP-SALEProgramTrainingVaBeach.pdf.

 

I always want to know what is available to help folks get out of mortgages they cannot afford.

Posted by

Contact Me Today

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Washington
Tags:
short sales
va short sales
military short sales
compromise sale program

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
334,224
Paul Gapski
Berkshire Hathaway / Prudential Ca Realty - El Cajon, CA
619-504-8999,#1 Resource SD Relo
 

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Sunny San Diego!

Jun 25, 2012 01:31 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
11,827

Karin Zeigler

Relocation Specialist, Thurston County
Ask me a question
*
*
*
*
Spam prevention