VA and Relocation Assistance


The Department of Veterans Affairs (VA) has announced that veterans who submit to a short sale or a deed-in-lieu of foreclosure can receive $1,500 in relocation assistance. The agency has instructed mortgage servicers to provide the funds to help borrowers cover moving costs or other expenses incurred during the tumultuous process. Borrowers can use the money to cover moving expenses or to simply pay for lodging while they deal with the pending loss of their home.

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