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| Short Sale Outpost The term "short sale" is very popular in today's mortgage and housing market. There are potentially millions of people facing foreclosure and a lot of these homeowners are under water on their mortgages. Some will choose to stick it out and fight. However, many will decide to choose to walk away. Short sales are becoming more and more popular as an exit strategy for homeowners. Learn the methods, software and magic it takes to navigate the foreclosure process and get the help you need. |
This is a discussion on VA loan and SS, anyone familiar?? within the Short Sale Outpost forums, part of the Foreclosure Process category; We have a VA loan and are attempting a SS. We only have one mortgage, and the VA actually told ...
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| Member Join Date: Nov 2009
Posts: 9
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | VA loan and SS, anyone familiar?? We have a VA loan and are attempting a SS. We only have one mortgage, and the VA actually told us if Wells would not consider any option but FC, the VA would allow us to deed the home back to them. Has anyone heard of this or had experience with a VA loan? |
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| Senior Member Join Date: Jan 2009 Location: Miami, Florida
Posts: 250
Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0 | Re: VA loan and SS, anyone familiar?? unfortunately, I dont think there are many here with a va loan, you can try doing a search, the process will probably be the same as with any other insured loan. |
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