Comment

Comment by Kelly W. Maynard on February 2, 2012 at 9:34am

Jennifer, I do not have an answer to your question, but I am trying to open up an FHA  short sale with B of A and am having difficulties getting that going.  I was told that the seller needed to send a letter requesting putting a stop to the loan mod that she has been trying to do with B of A for over a year, and to request the paperwork from them as well to do an FHA short sale.  They told her that they lost the letter she sent via email and then they said the lost the letter that she sent by fax, and then someone told her that her Realtor needs to request the paperwork, etc.  This is my first time doing an FHA short sale, but certainly not my first time working with B of A.  Any suggestions?

Comment by Mike Rosania on February 2, 2012 at 9:13am

Trying to open a ticket with NSC, does anyone know or have any specific LOA. I do not hav the case number and was told it is slightly different than typical blanket LOA I use with lenders.

Comment by Kevin - Greenville, SC on January 6, 2012 at 1:41pm

1st Contact the Twitter Team. 2nd Contact the NSC at HUD.

http://social.bankofamerica.com

http://portal.hud.gov/hudportal/HUD?src=%2Fprogram_offices%2Fhousin...

Comment by Jennifer Klein on January 6, 2012 at 1:33pm

Does anyone have an FHA? BofA is holding up closing big time. I see Laura below asked the same question but I didn't see an answer... thank you in advance.

Comment by Kevin - Greenville, SC on December 18, 2011 at 3:57pm

I've had WF tell me that their system wouldn't allow a variance request in a certain situations as well.  Incidentally I finally was able to get them to submit the request and I received the Short Sale Approval the other day.

Comment by Doug McVinua on December 2, 2011 at 4:34am

On the conduct issue:  If the appraiser happens to be a Realtor, the Code of Ethics might be an option for you.  In the Phoenix market it's not uncommon to find an appraiser with a Real Estate license. 

Comment by Jim Stewart on December 2, 2011 at 4:20am

In an appraisal done for an FHA  short sale the appraiser made disparaging remarks about my firm and, I believe, appraised the home too high.  My lockbox system doesn't show that he ever even went in the home and he never contacted me for access.  I'm curious if anybody has any thoughts about how to dispute the appraisal based on conduct of the appraiser.  His comps were all within the subdivision but did not reflect the condition of the property.  Thoughts?

Comment by Michael Schneider on December 1, 2011 at 7:59am

I don't think you can blame Wells for this one.

Comment by Pam Graham on December 1, 2011 at 7:18am

Funny thing when you contact Wells Fargo's CEO and other higher executives, those limitations seem to go away.

Comment by J. Michael Boulter on December 1, 2011 at 6:50am

We have requested a variance. But in talking to my negotiator its a limitation in Wells Fargo's system, more than HUD not approving.

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