FHA - HUD Short Sales Discussions (136)

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what is time frame for fha price reductions based on appraisal?

i am working w boa on a  fha short sale. I thought that fha would accept 80% of value right out of the gate. what i am experiencing is 90%…

Started by johnna lodge

5 Feb 26, 2014
Reply by johnna lodge

FHA Short Sale Declined -

So I have a short sale that is FHA with Ocwen.  The seller was denied because she purchased another house, tried to sell her house for what…

Started by Andy Parker

6 Feb 6, 2014
Reply by Fred Bauscus

Does anyone know if its quicker to get a variance or just lower the offer amount?

The buyer has been trying to but the property for a while now.    Before December the taxes werent paid so the full amount of the taxes cam…

Started by Pat M

4 Jan 29, 2014
Reply by joe beauchamp

Government Asset Sale Program

I was informed on November 15, 2013 via an Equator message that my Nationstar FHA Short Sale was being declined because the loan was being…

Started by Barbara Thomas

3 Dec 13, 2013
Reply by Jason Sanseverino

New FHA HUD Pre-foreclosure Short Sale Guidelines

Effective NOW - October 2013  FHA HUD Pre Foreclosure Program Changes

Started by Wendy Rulnick

7 Nov 29, 2013
Reply by Robin Lemmons

SECOND MORTGAGE IMPLICATIONS UNDER NEW RULES

The first mortgage is FHA.  There is a second mortgage. Questions:   1.  What is the maximum amount that FHA will allow to be paid to the 2…

Started by Bill Garrett

1 Nov 1, 2013
Reply by Kevin - Greenville, SC

Income too High/Property is Vacant

Hi All, I haven't completed an FHA shortsale since maybe the beginning of the year.  At that time I loved FHA shortsales, just hated the s…

Started by cat

4 Oct 31, 2013
Reply by Fred Bauscus

Is the RMA part of a FHA short sale package

I am working on a FHA short sale with Bank of America. Bank of America sent the owner a RMA form to fill out. Would that be the correct for…

Started by Robin Lemmons

1 Oct 17, 2013
Reply by Jason Sanseverino

Wells Fargo FHA Short Sale-No ATP?!

I am working on a WF FHA short sale through the Equator system. I am in the document verification stage as I submitted the financials and t…

Started by Megan Brooks

13 Oct 15, 2013
Reply by joe beauchamp

WF FHA Short Sale -- Seller Monthly Surplus

I am working on getting a client approved into the PFS Program with WF. The seller is not behind on their mortgage or shows a monthly defic…

Started by Katie Mitchell

4 Sep 3, 2013
Reply by Katie Mitchell

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