FHA - HUD Short Sales Discussions (136)

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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

8 May 4, 2016
Reply by Ismael Medina

Borrower's Incentive Compensation & NET Question

I 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

5 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

2 Mar 3, 2015
Reply by Craig Bartels

complicated arms length---is this legal or will hud allow this?

Complicated... FHA short sale. The real estate company representing the buyer both are LLC's.  They both have members that are members of…

Started by Craig Bartels

7 Mar 3, 2015
Reply by Kevin - Greenville, SC

2 year old FHA short sale trying to buy again.. was told to wait 3 years? Alternative ideas?

Hello Everyone,  I have a client that sold their home in a short sale 2 years ago due to a job transfer.  They are under contract to purcha…

Started by Maria Strong

4 Feb 23, 2015
Reply by Maria Strong

FHA short sale being mishandled by USBank

I have a short sale file that was approved by FHA over a month ago. I still have not received the approval letter from USBank. Typically, o…

Started by Robin Lemmons

5 Feb 16, 2015
Reply by jeni lamberto

Hud Help please

is the new guidelines for HUD mentioning that they will not do a short sale if the ATP is longer than 4 to 6 months? buyer bailed at last…

Started by johnna lodge

1 Nov 6, 2014
Reply by Kevin - Greenville, SC

Streamlined Shortsale???

Hi, Has anyone been successful in doing a Streamlined Short Sale with HUD?  I have a seller that we had listed about a year ago and we had…

Started by cat

1 Oct 20, 2014
Reply by Chad Gelsinger

FHA Short Sales with Title Concerns

Hello to all SSS...I need some help with FHA Short Sales in general and I'm sure we are not the only ones seeing this issue arise. The scen…

Started by Chad Gelsinger

2 Jul 30, 2014
Reply by Chad Gelsinger

Divorce, Bankruptcy, and FHA - Oh My! What a fiasco!

House was purchased by husband and wife in 2007 with FHA loan.  Husband and wife divorced in January 2014. Husband filed Ch 7 Bankruptcy Fe…

Started by Debi Braulik

5 Jul 29, 2014
Reply by Brett Goldsmith

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