Are You Upside Down On Your VA Loan And Need To Sell Your Woodbridge Home?

By
Real Estate Broker with CJ Realty Group, Inc.

VA Compromise SOLD sale CJ Realty Group
If you're not sure what a VA Compromise sale is you can check out my previous post "Military Families Options if You Are Upside Down on Your Mortgage."  In brief it's a short sale for VA loans. 

Now the Veteran's Administration (VA) has added a $1500 Relocation Bonus for VA Compromise Sales at closing. The funds must be shown on the HUD-1 provided at closing.

This announcement comes on the heels of the Treasury Department saying some military families may be eligible for HAFA approved short sales without showing a drop in income. Fannie Mae and Freddie Mac have also changed their guidelines to include PCS orders as a qualifying hardship making a short sales easier for military families.

With the DoD HAP Benefits running low more service members may be looking at a short sale or VA Compromise sale as an option. It's never an easy decision to undertake a sale of a home when you are upside down on the mortgage but not everyone wants to become a landlord or face a separation from your family. However you do have options.


If you are a Ft Belvoir, Pentagon or Quantico service member with a VA loan and need assistance selling your Woodbridge VA home give an agent experienced with VA Compromise sales, military short sales and DoD HAP sales give Cindy Jones and CJ Realty Group a call at 703-346-2213

 

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                                   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 CJ Realty 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.
CJ Realty Group Woodbridge VA 
Real People*Real Life*Real Estate

Licensed in Virginia



 

 

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Topic:
Real Estate General Information
Location:
Virginia Prince William County Woodbridge
Groups:
Active Rain Newbies
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Military Relocations
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Tags:
va compromise sale
ft belvoir real estate
woodbridge real estate
quantico real estate
lake ridge real estate
va loan short sale

Comments 12 New Comment

Ambassador
1,770,506
Cindy Jones
Pentagon, Fort Belvoir & Quantico Real Estate News
CJ Realty Group, Inc.

Richard-since other lenders are providing cash incentives for moves it's nice to see the VA following suite.

January 10, 2012 07:01 AM
Ambassador
1,770,506
Cindy Jones
Pentagon, Fort Belvoir & Quantico Real Estate News
CJ Realty Group, Inc.

Lou-it's a shame anyone has to face a short sale and certainly it's tough for military famiilies.

January 10, 2012 07:03 AM
Ambassador
1,770,506
Cindy Jones
Pentagon, Fort Belvoir & Quantico Real Estate News
CJ Realty Group, Inc.

Susanna-congratulations on your husbands retirement.  I'm sure that's a change!  If you have a VA loan a Compromise sale may be an option for you.  Were you eligible for a DoD HAP Sale?

January 10, 2012 07:11 AM
Rainmaker
975,077
Scott Godzyk
One of Manchester NH's Leading Agents
Godzyk Real Estate Services

Good Morning Cindy, that is great news for our vets that they have assistance. This is a very well written blog that will reach those in need. Especially our American Heros. Have a great Tuesday.

January 10, 2012 10:18 AM
Ambassador
1,770,506
Cindy Jones
Pentagon, Fort Belvoir & Quantico Real Estate News
CJ Realty Group, Inc.

Scot-thanks for your positive comments.  Just trying to get the word out for any service member who is qualifed for the new benefit.

January 10, 2012 01:25 PM
Ambassador
1,770,506

Cindy Jones

Pentagon, Fort Belvoir & Quantico Real Estate News
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