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![]() NOVAD as 2nd lienHi Superstars! Looking for your guidance. I've never negotiated with Novad before. They are the 2nd lien holder, Ocwen is the 1st. Has a… Started by Noelle Battle |
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Mar 6 Reply by Jason Sanseverino |
![]() FHA short sale with Partial ClaimI am working on a potential listing which the seller was approved for a FHA HAMP loan mod a little over a year ago and there is a 50k silen… Started by Mike Rosania |
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Feb 21, 2017 Reply by Jim Stewart |
![]() Reverse Mortgage with HELOCI have a reverse mortgage short sale with Champion Mortgage. There is a HELOC with Suntrust. Champion is stating they do not allow junior l… Started by Lisa Jalufka |
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Jan 31, 2017 Reply by Brett Goldsmith |
![]() 61 Days in Marketing, HUD refuses to accept less than 88% net - FSD in 2 daysI marketed a PFS for over 60 days and finally received two offers. We countered them to ask for highest and best and submitted the highest… Started by Robin M. Willis |
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Dec 12, 2016 Reply by Dean E Eshelman, CPA, CDPE, IRES |
![]() What areHUD/FHA allowable fees on seller side of HUD-1/Settlement statementDoes anyone have a list of allowable fees to put on HUD1/Settlement statement for seller side..example- Attorney Fees, Title lien search,etc Started by Thomas Turner |
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Nov 24, 2016 Reply by Thomas Turner |
![]() Short sale with deceased borrower?Unusual situation: home owned by husband and wife for many years. Refinanced in 2009 with FHA loan via BOA. BOA failed to get wife on note.… Started by Kim Noonan |
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Nov 2, 2016 Reply by Brett Goldsmith |
![]() Allowable and Disallowable costsI have had this problem several times and do not know how to escalate it. Many lenders interpret the line on allowable costs, "Up to 1% of… Started by Guerry Clegg |
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![]() Denial on variance from FHA. What is my next step?I have a file that was denied by Wells Fargo as the variance was turned down by FHA most likely because the homeowners do not live there an… Started by Tom Tock |
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May 4, 2016 Reply by Ismael Medina |
![]() Borrower's Incentive Compensation & NET QuestionI received ATP for $50k list price with HUD netting $44k by 2/21/14. They are offering the homeowner a incentive of $3k. There are no Jr.… Started by Flor Melgar |
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Jul 9, 2015 Reply by Ismael Medina |
![]() members of LLC required for FHA short sale?actually I know the answer, they are required for the buyer....does anyone have a link to where this is at online? There is an LLC buyer o… Started by Craig Bartels |
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Mar 3, 2015 Reply by Craig Bartels |
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