On this week’s Preforeclosure Daily Grind “Tip of the Week” we uncover what you need to know about VA (Veteran Administration) insured short sales so your deal moves along smoothly and what their discount ratios are in today’s market. Listen in as we cover this topic and also, how we got a Bank of America short sale acceptance letter rewritten in record time so we can beat the expiring tax credit, what “buttons” to use to get a short sale extended, the amount of time it takes for a VA appraisals to expire, whether or not VA gives extensions to their short sale approval letters, whether or not VA and FHA insured loans are on the Equator System when negotiating a Bank of America loan and more.

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This week’s PreForeclosureDailyGrind.com video covers how to get a short sale acceptance letter amended and how to make sure it says what your Title Company wants it to say in order to get title insurance. Whether you are an investor and your intent is to buy and flip or you are an agent and your intent is to work the short sale for a commission you will need to watch this video! For more videos visit www.PreForeclosureDailyGrind.com and to ask real estate questions visit www.AskBobLachance.com.