Hi all. I am the buyer of a BOA/HUD short sale that was just approved after a VERY painful year of dealing with BOA. We could never have gotten to this point without all of the input of this board's…Continue
"Call the corp office and explain to them the situation. They do not make repairs most likely but they may lower the price of home send the reports and home inspection, Also call this in to the corp office. Explain…"
"Have the seller file the claim with whoever's covering the property. Ask for a variance for the credit to buyer to be filed on seller's behalf and provide the Phase2 rep with all of this data. Include the appraisal from the buyer's…"
It is not too likely for any repairs to be made on the home before closing. You will most likely need to get a loan program to purchase the home with a repair escrow built in to complete your desired repairs after you own the property. HUD does…"
"Dirk, thank you so much for taking the time to offer your thoughtful and informative response.
Your assmption on the purchase price is correct, but quite honestly, I have a high degree of reluctance to close until this repair has been completed...…"
Hi all. I am the buyer of a BOA/HUD short sale that was just approved after a VERY painful year of dealing with BOA. We could never have gotten to this point without all of the input of this board's amazing members. We were able to get HUD to re-appraise and get the file escalated to capable reps using many of the tips on this board. Approval was actually quick after getting the file into the right hands.After overcoming many issues in the last two days in getting the utilities turned back on…See More
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