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FHA/HUD short sale

Has anyone been running into more and more problems with fha shorts. 1st it was house is not marketable, now its borrower is over 40 paymen…

Started by Darren Bell in Short Sale Discussions

6 Feb 12
Reply by Venita Jefferson

What Are the Federal restrictions and requirements on the short sale arms length affidavit?

Appreciate any information, Have approval from Ocwen and BAC on a short sale but Ocwen's arms length affidavit states buyer cannot resell f…

Started by Pat Hood in Short Sale Discussions

4 Feb 9
Reply by Pat Hood


Hello! My negotiator at BofA just told me that HAFA no longer exists. I thought it had been extended. Isn't this something the banks should…

Started by Megan Brooks in Short Sale Discussions

14 Feb 7
Reply by Sue Hweamel

Updates on Fannie Mae & Freddie Mac Inflated Value Issues

Just looking for any input on others experiencing the Fannie & Freddie inflated value issues. Any recent updates or solutions?  I have…

Started by Raymond Kennedy in Short Sale Discussions

110 Feb 6
Reply by Jorge Vega

3 Short Sale Tips

1) Make sure you always add 3% recurring & none recurring fee closing cost credit from seller to buyer on your hud. 99% of lenders hono…

Started by Rebeka Shadpour in Short Sale Discussions

0 Feb 6

Need FHA help

Sunwest denied short sale the same time that I submitted paperwork. I have an offer. Filed ticket with FHA but will take 2 days. Sunwest sa…

Started by Jackie Gonzalez in Short Sale Discussions

7 Feb 6
Reply by Jackie Gonzalez

Preparing to have favorable results on your short sale

Prepare buyer & seller with time frames, potential delays & favorable options for all. Make certain you submit a "complete package…

Started by Holly Pring in Short Sale Discussions

0 Feb 4

REO Management Solutions

We received a new REO.  Has anyone worked with REO Management Solutions?  How are they to work with?  Do they reimburse for expenses in a t…

Started by Pamela Lester in Short Sale Discussions

0 Feb 3

Can't get help from anyone at the bank? Tweet about it!

Many years ago when I was working with BofA on one of my first and toughest short sales I was up at 3 am (sitting with a friend at the hosp…

Started by Jane Sciortino in Short Sale Discussions

0 Feb 3

Negotiating with the IRS over tax lien

I have a situation where I am short-selling a home for a divorcing couple. Divorce decree is final. Husband is living elsewhere and divorce…

Started by Sharon Burgos in Short Sale Discussions

3 Jan 31
Reply by Vikki Lucas





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