The COE Settlement document is all he is entitled to.

Also, while I completely agree with you that a wet grass short cut is on the tenant in terms of responsibility, I had one slip IN THE RAIN in a garden style open building and still got $75k in settlement.

As an agent in a competitive market, VA offers are already problematic due to the inaccurate but commonly held perceptions that:1) The borrower doesn't have enough money for conventional and thus is at risk of being unable to close in case of a low appraisal or income issues during underwriting.2) The VA appraisal, often called a VA inspection, will uncover arbitrary but costly problems that need to be fixed before closing.This can be compounded if buyers are trying to use some of these non-local, call-center based lenders who are unable to accommodate quick settlements.

I'm trying to wrap my mind around what the purchase contract and settlement sheet will look like on a wholetail deal with the end buyer getting a conventional mortgage. 

Wanted to share this with folks who may be buying property in the New River Valley area of Virginia.We've been doing a lot of closings the last year and a half at a local (Blacksburg) settlement company, True North Title.

You will offer a contract of sale where there would be no commission or settlement cost and that your offer is NET to seller.Once you have control you can now work on locating an assignee - you have options -List it - not a great option -  if you want a fast sale -listing it will take too long - too many contingencies - too many gate keepers.Offer it privately for sale - all cash - as is - social media - too many moving parts - you need to negotiate with prospective buyers, show the property - write a contract of sale - and demand CASH - won't be easy - My favorite option (remember I am an auctioneer) - offer the property - while in contract - at PUBLIC AUCTION - advertise it for 3 weeks and let the auctioneer do his magic - it is fast - predictable - all cash and as is without contingencies. 

If the offer is higher than the appraised value then they will accept the offer and that will be the settlement to free her of her mortgage, get her out of foreclosure and she can pocket the extra cash.

The Numbers: Aquisition and settlement: $200,000.

Do keep in mind you will need your settlement sheet to do that.  

However, since the insurance company is paying all of the costs anyway this settlement does not effect your assets in anyway.