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Seller is enrolled into a special FHA loan modofication plan. Can they still do a short saleI have a client who has an FHA loan with Bank of America. Just found out that they are enrolled in a special FHA loan modification/ forebar… Started by Jason Sanseverino |
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Aug 8, 2013 Reply by Albert Clark |
3rd Appriasal - SPSDoes any know where in the servicer guidelines it would state how many appraisal are allowed to be done on a property? I have had previous… Started by Flor Melgar |
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Jul 30, 2013 Reply by joe beauchamp |
FHA Approval/B of A sold loanLove any assistance on this one. Had FHA/B of A approval. Home to close today, HUD signed off, Buyer's FHA loan funded and in escrow read… Started by Carolyn Triebold, MS |
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Jul 29, 2013 Reply by Carolyn Triebold, MS |
Seller Must Pay Prorated TaxesWondering what my options are here. I am going to check to see how much money the seller has escrowed for taxes this year. I assume not muc… Started by Jennifer Luna SFR |
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Jun 17, 2013 Reply by Jennifer Luna SFR |
FHA HUD1 QuestionBeen working on a FHA/BofA short sale for 18 months now and hopefully am down to the last stage... In submitting the HUD1 we are short appr… Started by Travis Duncan |
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Jun 17, 2013 Reply by Travis Duncan |
Can judgments on seller be covered as a junior lien?I had been working on this FHA short sale since December. Finally got an approval in April, with a 3% seller's concession, buyer got a loan… Started by Elvira Quiray |
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Jun 5, 2013 Reply by Christina Waymreen |
FHA/HUD Second Mtg ReleaseMy client re-financed their $300K US Bank loan (FHA) in 2009, creating a first mtg of $230K, and second mtg at %$70K. The monthly mtg paym… Started by John Parr |
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May 27, 2013 Reply by Kevin - Greenville, SC |
Short Sale and Property Damage Insurance ClaimsWas getting ready to close a short sale with Chase this week and over the past weekend there was a fire at the home. Seller didn't pay his… Started by Pam Patterson |
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Lender Says They Need lien release from 2nd BEFORE they will negotiate short sale -HELPCurrently working an FHA short sale with Wells Fargo in 1st position and 5/3rd bank in 2nd. I'm being told by Wells...over and over again,… Started by Pam Patterson |
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May 18, 2013 Reply by Kevin - Greenville, SC |
WHAT IS THE CURRENT FHA RULE REGARDING BEING CURRENT OR LATE ON MORTGAGE PAYMENTS?My understanding is the old rule is that the borrower had to be 31 days late at the time of the settlement. Is that still the rule? Does… Started by Bill Garrett |
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May 15, 2013 Reply by TOP END Properties |
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