Navigation Links
Military Short Sale Department Launched By Real Estate Legal Services of Virginia Beach and Hampton Roads
Date:5/3/2013

(PRWEB) May 03, 2013

Real Estate Legal Services has recently launched their military short sale department focusing on the thousands of Virginia Beach and Hampton Roads active duty military personnel faced with the tough choice of selling their home when facing Permanent Change of Station Orders (PCS) or other factors. The PCS transfer is the hardship for the military member who cannot sell their primary residence because of being “underwater” with their mortgage. Many military personnel have relocated to their new PCS location while either leaving the family behind or renting out the home normally at a substantial monthly monetary loss. A military short sale can often be the cure with minimal hassle. See reasons why a military personnel should consider a short sale here.

The National Mortgage Settlement Act legislation reiterated that military personnel are eligible to short sale their real estate with no pursuit of deficiency judgment as stated below.

Relief for servicemembers forced to sell at a loss due to a Permanent Change in Station (PCS). Under the Department of Defense’s (DOD) Homeowners’ Assistance Program (HAP), some servicemembers forced to sell their home at a loss due to a Permanent Change in Station (PCS) may be compensated for the loss in their home’s value.

Under the settlement, mortgage servicers will provide short sale agreements and deficiency waivers to those military members who were forced to sell their home for less than they owed on their mortgage due to a PCS, but who are not eligible for HAP (HAP expired 1 Oct 2012). The provision extends benefits to service-members who bought their homes between July 1, 2006 and December 31, 2008, or who received a PCS after October 1, 2010. (Thjs may make you eligible)

The short sale department of Real Estate Legal Services has completed hundreds of short sale transactions with almost 50% being related to the military. Using an experienced REALTOR® to obtain a fair market contract on the home is a must to avoid any delays in the transaction. Dennis Blackmore, REALTOR® and Agent Owner with Creed Realty Virginia Beach/Hampton Roads is experienced and has completed many military short sales with Real Estate Legal Services of Virginia Beach/Hampton Roads. The military short sale is a complex transaction and a good team is a must to ensure a stress free process from pre-listing, negotiations with the lender(s), and post-closing. This is not a JC Penney credit card and attention to detail is an absolute must.

Military personnel needing more information about the short sale process should take advantage of the “free” consultation offered whether by phone (757-467-7600) or e-mail.

About: The Military Short Sale Department of Real Estate Legal Services is headed by Attorney Charles D. Pittman, Jr., of Virginia Beach. His military short sale team can be reached at the Virginia Beach office here.

Read the full story at http://www.prweb.com/releases/2013/5/prweb10694360.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Military Marriages Stay Strong in Face of Challenges: Study
2. Study finds US among few NATO nations that use animals for military training
3. Study explores the impact of corruption and military organization on civilians
4. Study explores injury risk in military Humvee crashes
5. U.S. Military Seeks to Reduce Humvee Crash Injuries
6. Mayo Clinic suicide prevention expert outlines new steps to tackle military suicide
7. Extra Steps Urged to Cut Alcohol, Drug Use in Military: Report
8. Researcher: Military should reassess reproductive health care for women
9. Leading Hot Tub Company, Bullfrog Spas, Announces Discount Program for Military Families
10. Life’s Eyes Media Offering Digital Military Christmas Greetings Videos
11. Lorna Kleidman Responds to an Article Concerning Military Weight Loss
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2017)... ... May 24, 2017 , ... Adelberg-Montalvan Pediatric Dentistry ... for its patients on Long Island, New York. , Holistic dentistry puts ... is one of the biggest trends in dentistry today. , Dentist Dr. ...
(Date:5/24/2017)... ... May 24, 2017 , ... Dymedix® Diagnostics, Inc., ... today it had completed the first phase of building a global distribution network. ... of world (ROW) authorized dealers specializing in polysomnography accessories. The company plans ...
(Date:5/23/2017)... ... May 23, 2017 , ... Cambridge, MA, May 23, 2017—Total ... according to a Workers Compensation Research Institute (WCRI) study, a contrast from the ... System: CompScope™ Benchmarks, 17th Edition looks at indemnity and medical payments for ...
(Date:5/23/2017)... ... May 23, 2017 , ... The Gallery of Cosmetic ... is pleased to announce a new treatment option called Vivace Microneedling. This treatment ... neck, and body through a virtually pain-free, non-surgical treatment. Vivace Microneedling combines a ...
(Date:5/23/2017)... SC (PRWEB) , ... May 23, 2017 , ... New ... Dr. Kevin Hogan, an experienced dentist practicing in Mt. Pleasant, SC, with or without ... is often recommended for patients with missing teeth in Charleston, SC. Those ...
Breaking Medicine News(10 mins):
(Date:5/12/2017)... , May 12, 2017  The China and ... washing technology that consumes less water, energy and detergent, and features ... first product LaughingU, a shoebox-sized washing machine that washes and sanitizes ... ... Product, LaughingU, is compact, and does not require an external water ...
(Date:5/10/2017)... 10, 2017 Radiology has become the number ... have also spiraled to the number one ranking as ... than ever before as the most complete and reliable ... with lower back pain an MRI may confirm a ... pain, resulting in entirely different treatment protocols.  In these ...
(Date:5/9/2017)...  Semler Scientific, Inc. (OTCQB: SMLR), an emerging ... the clinical effectiveness and efficiency of healthcare providers, ... ended March 31, 2017. "We ... identify when preventive care options are appropriate, which ... attacks or strokes occur," said Doug Murphy-Chutorian ...
Breaking Medicine Technology: