I am the seller with a Short Sale (FHA) involving B of A. I had been instructed to request a "Letter of Forgiveness" from B of A with regards to the deficiency amount. I finally got a reply from my latest request which stated: "HUD doesn’t send out deficiency letters. As long as the sale is done in good faith, HUD won’t pursue, however in case where HUD finds issues they will pursue the seller(s) for the deficiency." In your experience, does this tend to hold true? We are schedeled to close in the on or before 3/16. Thank You!
Debbie
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