Rebecca Roberts
  • Utah
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Rebecca Roberts replied to thomasina singleton's discussion FHA Short Sale DENIED
"It is technically not a denial...FHA guidelines say that if the appraised value is too low ($75K less OF 50% less than the current balance due on the mortgage) than the short sale lender has to submit for a variance.  Just go back to the…"
Mar 29
Rebecca Roberts replied to Jackie Gonzalez's discussion HUD & Suntrust Short sale question - approval
"I would take a look at the seller's financial documents.  FHA may be looking at the amount they are paying in rent and thinking that they could be paying that towards the mortgage.  It may be that FHA wants to get the owners to move…"
Mar 29
Rebecca Roberts replied to Henry R Morton's discussion Bank asked us to lower our offer
"Hi Henry! It may sound strange and is very uncommon, but it does happen.  I have had at least 3 deals in the past decade where the short sale lender asked for a lower offer.  In a nutshell, it sounds like the short sale lender completed…"
Mar 29

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South Jordan
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I have been working short sales for over 7 years. I specialize in short sale negotiations for my office (we are a boutique brokerage) and I close an average of 5-6 deals per month. My own listings average 1-2 closing per month.

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