With the help of this petition, the VA appraisal guidelines for the Phoenix region which includes San Diego, CA was shortened from 10 business days to 7. Lorraine Santirosa with the help of Former Congressman and Chair of the House Veterans Affairs committee Bob Filner pushed aggressively for this change so that Veterans can have their Appraisals completed in a faster time to prevent closing delays of home purchases.
Short Sale and Active Duty Military
Recent mortgage servicer guidelines for Freddie Mac and Fannie Mac loans offer relief for military homeowners who have Permanent Change of Station (PCS) orders and are upside down on their mortgages. Military homeowners can sell their home as a short sale without going into default. The PCS move is considered a hardship. More legislation to help relieve the burden of active duty men and women while relocating on orders is pending.
If you’re a serving in the military and thinking of doing a short sale, give us a call at 619-248-5484 and our military short sale team will help you. submit a free consultation request on line
Want to start a home purchase using your VA home loan benefit but don’t have a clue where to start? call us at 619-248-5484 and a trusted and experienced realtor will speak with you.