FHA - HUD Short Sales Discussions (136)

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BofA Short Sale after an FHA loan mod

I am working on submitting my short sale to Equator. We got an offer and this is not my first rodeo but it is my first short sale after an…

Started by Jerry Robertson

9 Jul 11, 2014
Reply by Short Sale Superstars LLC

Can you do a FHA HUD Short Sale if the property is vacant?-Lender tells me no and would need HUD Approval

Hi All, We are working on a FHA HUD short sale with a short sale lender and I got the following message: "The file does not qualify for HUD…

Started by Myra McCaskill

5 Jun 30, 2014
Reply by joe beauchamp

Variances only for a reduction in price?

Hi I have a BOA/FHA loan. Is a variance only for an acceptable price reduction? I received my ATP for this property where BOA/FHA is req…

Started by johnna lodge

0 Jun 9, 2014

anyone know FHA guidelines if note holder is deceased and widow can't afford probate

I have a note holder who died in 2009.  Was no will nor executor of estate for wife to be able to give authority. Wells (servicer) is stati…

Started by Shannon Renner

4 May 8, 2014
Reply by Shannon Renner

2nd denial based on value - Wells Fargo Fannie Mae

UPDATE: I have great news!  I appealed the value with Fannie Mae a second time and they reduced the value.  Then I submitted a new offer to…

Started by Maria Strong

18 Apr 17, 2014
Reply by Brenda L Wood

Variance Requests

We received approval for a Variance Request tonight on a FHA PFS. This was our first Variance Request and took some tap dancing as the nego…

Started by Anthony and Christi Jensen

9 Apr 8, 2014
Reply by Elizabeth Monje

SAFEGUARD CHANGE LOCKS

I am looking for anyone who was vandalized by Safeguard when they were authorized by the bank to change the locks...I want to start a class…

Started by Barbara Wing

0 Mar 20, 2014

Need Help on FHA PFS with HUD-1 Fees

Hello all, my Wells Fargo negotiator sent me an email asking me to adjust our HUD-1 attorney closing fee from $2,0000 to $1,200. I asked he…

Started by Mo Myers

4 Mar 17, 2014
Reply by Helen Cornwell

Need help, Variance denied by FHA because sellers qualify for loan mod

The sellers were approved for a Trial Loan mod in 2013. They decided it was not in their best interest to do the loan mod and stopped makin…

Started by Marty Macisso

0 Mar 17, 2014

SELLER PAID CLOSING COST

Will FHA pay 3% closing cost if net is met? FHA says it will only pay 1% of buyer's FHA loan amount towards closing cost , but didn't menti…

Started by Bob Helmig

1 Mar 10, 2014
Reply by Kevin - Greenville, SC

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