Tag: short sale with a va loan

Important Information about VA Loans and Short Sales

Hey guys, Kelly Cook here with the Cook & Associates Real Estate Advisors, your :k1: short sale specialists. You can find us online at www.AZKCRealEstateGroup.com. We specialize in helping area homeowners find alternatives to foreclosure through the means of a short sale. The question or topic we are addressing today is VA short sales or Veteran’s Administration loans. That topic is a very good one because there is a lot of misinformation out there about VA loans and if you can or cannot short sale. The answer to that question is yes, you absolutely can short sale your VA loan.

My advice is don’t go with just any agent out there. Go with someone who has done them before, like us for example. We are short sale experts in the :k1: area. There are specific guidelines that the Veteran’s Administration wants you to go through when short selling your VA loan. The investor behind a VA loan is HUD or Housing Urban Development and they are very strict. They will flat out reject a short sale or cause it to be delayed by months if the proper protocols and procedures are not followed when attempting to do a short sale.

Now the good thing about a VA short sale is that we are typically able to get you between $750 to $1,000 at closing, just for doing a short sale. So you could actually get paid to do your VA short sale. So give us a call if you have any questions at 480-442-9868 or you can email us at info@cookandassociatesaz.com.

If you still want to see if your house is an asset or if you are underwater and by how much, visit our short sale calculator at KellyCookShortSales.com. There you can put your property information in and it will tell you exactly when your house will break even and how long that will take and more importantly, how much money that will cost you to get back to that breakeven point. Again, I’m Kelly Cook with the Cook & Associates Real Estate Advisors, your :k1: short sale specialists and we are here to help answer any questions you have about short sales. Thanks and have a great day.