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:5/4/2016)... ... May 04, 2016 , ... The RIDER ... and development of DRACO broad-spectrum antiviral therapeutics. DRACOs have proven effective against all ... May 3, 2016 at http://igg.me/at/EndTheVirus and runs for 60 days, we ...
(Date:5/4/2016)... ... May 04, 2016 , ... Nike Rugby Camp's success is due ... Diego. Willis, founder of Elite Rugby Camps and current Nike Camp director, has offered ... since 2009. , “I’m excited for our eighth summer here in San Diego,” ...
(Date:5/4/2016)... ... May 04, 2016 , ... ... program created to assist the people of their local community. The agency pledges ... and community leaders. Their hope is to bring awareness to important local causes ...
(Date:5/4/2016)... ... May 04, 2016 , ... Dr. Elyson and Dr. Assili, dentist ... their office. Wisdom tooth removal, a common dental procedure, is performed for many adolescents ... improperly erupted, resulting in risks of complications. By providing wisdom tooth removal surgery at ...
(Date:5/4/2016)... NC (PRWEB) , ... May 04, 2016 , ... Francesca ... N.C., changed her life forever with a same-day LASIK procedure at Christenbury ... poor eyesight. Dr. Jonathan Christenbury performed her surgery the same day as her in-office ...
Breaking Medicine News(10 mins):
(Date:5/4/2016)... DUBLIN , May 4, 2016 /PRNewswire/ ... the addition of the  "Global Acute lymphocytic ... 2016"  report to their offering.  ... Global Acute Lymphocytic Leukemia Market and ... into Acute Lymphocytic Leukemia pipeline products, Acute ...
(Date:5/3/2016)... TUCSON, Ariz. , May 3, 2016  As ... twice contracted rheumatic fever, which damaged his heart. ... But by June 2013, Shepherd,s heart was ... days from death. On June 20, 2013, the ... temporary Total Artificial Heart (TAH-t). Like a heart transplant, ...
(Date:5/3/2016)... , May 3, 2016   Diplomat Pharmacy, Inc. (NYSE: DPLO) announced today that it is ... a video of two patients who tell their personal story and encourage those at risk ... Meet Jacque: Hepatitis C ... ... Diplomat Specialty Pharmacy (PRNewsFoto/Diplomat Pharmacy, Inc.) ...
Breaking Medicine Technology: