Woodbridge Military Family Makes A Move After A Successful VA Compromise Sale

By
Real Estate Agent with Integrity Real Estate Group

Bramblewood SOLD
First a deployment and then PCS orders meant my sellers needed to make a move.  Unfortunately they had missed the deadline to qualify for the Department of Defense Homeowners Assistance Program (HAP) so it looked as if a short sale was in their future.  As we started talking about the process I learned they had a VA loan on their home which meant there was another alternative.

Though a VA Compromise sale is similiar to a short sale, the lender can file a claim with VA for the difference between the proceeds and the payoff amount. This makes it easier for them to approve the sale since the loan is guaranteed by the VA.  Fortunately the lender had a negotiator specifically assigned to work with military families and the new buyer was also using a VA loan from the same lender.

Though it is never easy to have to deal with the loss of value of a home fortunately for active duty military, veterans and qualifying spouses with a VA loan there is an option.  If you are a military family in Northern Virginia and are upside down on your mortgage give Cindy Jones and CJ Realty Group a call at 703-346-2213 to talk about your options.  We have a proven record of success with DoD HAP sales and VA Compromise sales.  Let's talk and see how we can help you make your transition to a new duty station a smooth one.

Posted by

                                   Real People*Real Lives*Real Estate

If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and Integrity Real Estate Group a call at 703-346-2213.

Military Relocation Specialist serving military families relocating to and from the Pentagon, Fort Belvoir, Quantico MCB and all of the Military District of Washington installations. 

Military Relocation Professional


Check out www.varealestatetalk.com and www.cjrealtygroup.com for more information.

Integrity Real Estate Group
 
Real People*Real Life*Real Estate

Licensed in the Commonwealth of Virginia



 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Virginia Prince William County Woodbridge
Groups:
CRS - Advantages
Dedicated Bloggers
Family Ties
Military Relocations
RE/MAX Active Rain Bloggers
Tags:
va compromise sale
dod hap
woodbridge hap
woodbridge va compromise sale
lake ridge hap sale
military relocation

Spam prevention
Ambassador
1,824,578

Cindy Jones

Pentagon, Fort Belvoir & Quantico Real Estate News
Have A Northern Virginia Real Estate Question?
*
*
*
Spam prevention

Additional Information