Military Short Sales Virginia Beach and Hampton Roads Dennis Blackmore
Military Short Sales are a great way for the service member to eliminate debt when facing a Permanent Change of Stations (PCS) or other hardship. The Virginia Beachand Hampton Roads service member can eliminate tens of thousands of underwater mortgage debt with this program.
Virginia Beach, October 19, 2015 (Newswire.com) - Military Short Sales in Virginia Beach and Hampton Roads are more common than most service members realize. The program allows those eligible military personnel facing a PCS transfer or other hardship to sell their home for a loss and eliminate the pursuit of the deficiency amount from the lender (the lender agrees to non-pursuit).Key points for the military member considering a short sale (PCS or other):
We are a military family that was forced to shortsell our home. Our particular circumstances were very difficult, and required extensive and exhaustive work with lawyers that stretched over nine months. Dennis was awesome, and worked his butt off for us the entire time
Forrest, Seller
- What is a Military Short Sale ? A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens’ full amounts. Whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. Any unpaid balance owed to the creditors is known as a deficiency.
- Consult with an experienced Real Estate Agent/REALTOR(R) who has completed numerous military short sales in Virginia Beach and Hampton Roads. Read short sale reviews here: https://www.zillow.com/profile/homes24134678/Reviews/
- Ensure your agent/REALTOR(R) has an experienced Attorney team that knows the process and completed hundreds of these type of sales.
- Read the Military Short Sale Frequently Asked Questions at this link: http://dennisblackmore.com/military-short-sale-faqs/
- Best time to start the Military Short Sale process? 5-7 months prior to needing to sell.
- Keep in mind that the Veterans Administration (VA Compromise Sale) and banks are willing to work with the military member to help the short sale process come to a successful conclusion.
Contact Dennis Blackmore for more information about the Military Short Sale Virginia Beach and Hampton Roads Program: http://dennisblackmore.com/contact-2/
