Home / FAQs / If we had a sale that was postponed due to the VA issuing a “No Bid” prior to us going live with VALERI, when that sale is rescheduled, will we still need to complete a buy down? If not, is the cutoff date still adjusted?

If we had a sale that was postponed due to the VA issuing a “No Bid” prior to us going live with VALERI, when that sale is rescheduled, will we still need to complete a buy down? If not, is the cutoff date still adjusted?

Buy-downs are not a part of VALERI’s updated environment. If you did not complete a buy-down prior to your go-live date, you must submit the new sale date and any loss will be considered a write-off. There is no cutoff date in the new environment for bidding instructions as you either bid the total debt or net value.

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