NOVAD and HUD with reverse mortgage - Short Sale Superstars2024-03-29T12:31:21Zhttp://shortsalesuperstars.com/forum/topics/novad-and-hud-with-reverse-mortgage?commentId=3468065%3AComment%3A400300&x=1&feed=yes&xn_auth=noNovad took one year with call…tag:shortsalesuperstars.com,2020-02-04:3468065:Comment:4003002020-02-04T01:30:37.349ZDeirdre Virvohttp://shortsalesuperstars.com/profile/DeirdreVirvo
<p>Novad took one year with calling three times per week. They rarely even answered the phone! They are the worst. You have to keep on them. Good luck.</p>
<p>Novad took one year with calling three times per week. They rarely even answered the phone! They are the worst. You have to keep on them. Good luck.</p> I realize it is a very short…tag:shortsalesuperstars.com,2019-08-14:3468065:Comment:3983832019-08-14T23:49:43.703ZLili Youngbloodhttp://shortsalesuperstars.com/profile/LiliYoungblood
<p>I realize it is a very short process. Its been 15 weeks since I submitted the original contract to NOVAD with endless revisions to the CD. My contact from NOVAD finally responded today and said that HUD denied the short sale which now requires another revision to the CD. I'm hoping once they receive the next revision based on their terms that they will approve the short sale but that it won't take another 4 weeks to hear back. The sellers health is not good and this can be a huge game…</p>
<p>I realize it is a very short process. Its been 15 weeks since I submitted the original contract to NOVAD with endless revisions to the CD. My contact from NOVAD finally responded today and said that HUD denied the short sale which now requires another revision to the CD. I'm hoping once they receive the next revision based on their terms that they will approve the short sale but that it won't take another 4 weeks to hear back. The sellers health is not good and this can be a huge game changer if something happens. </p> Short sales aren't quick unfo…tag:shortsalesuperstars.com,2019-08-14:3468065:Comment:3985782019-08-14T22:51:43.026ZBrett Goldsmithhttp://shortsalesuperstars.com/profile/BrettGoldsmith
<p>Short sales aren't quick unfortunately. If you can get it approved within a month or two consider it a blessing as that's faster than most. Hopefully a manager or your rep can push it through quickly for you and your client.</p>
<p></p>
<p>Best of luck,</p>
<p></p>
<p>Brett@ishortsalenow.com</p>
<p>310-564-6389</p>
<p><a href="http://www.ishortsalenow.com" target="_blank">www.ishortsalenow.com</a></p>
<p>Short sales aren't quick unfortunately. If you can get it approved within a month or two consider it a blessing as that's faster than most. Hopefully a manager or your rep can push it through quickly for you and your client.</p>
<p></p>
<p>Best of luck,</p>
<p></p>
<p>Brett@ishortsalenow.com</p>
<p>310-564-6389</p>
<p><a href="http://www.ishortsalenow.com" target="_blank">www.ishortsalenow.com</a></p>