NEWSLETTER: Does FHA PFS Always Limit Closing Costs Assistance To 1%?

 

Good morning Superstars,

 

Here's a sampling of this week's superstar discussions.

 

Discussions Replies Latest Activity

Will investor ever deal directly with the shortsale buyer and hold ...

My buyer likes to think outside of the box. He's in escrow on a short sale and asked me if it's possible to go directly to the investor an…

Started by Thalia Poulos

1 20 hours ago
Reply by Wayne Brooks

Do FHA Short Sale Limits Buyer Closing Cost to 1% ALWAYS?

I represent a buyer using VA loan. Short sale seller has FHA loan, but list agent says only 1% allowed for my buyer's closing costs. I th…

Started by Frank Biganski

3 yesterday
Reply by Kevin - Greenville, SC

Section 8 Tenant in Duplex being short sold!

Does anyone have a clue if a section 8 tenant will be eligible for relo money in an investor short sale? 1st lien BoA 2nd Lien Chase-proper…

Started by Ann E Richardson

3 yesterday
Reply by Ron Scribner

We just found out that our seller has a restraining order going on ...

Does anybody know if this is a serious issue when it comes to selling a house? Can the seller actually sell the property?Seller is alone in…

Started by Patricia Bravo

8 yesterday
Reply by Patricia Bravo

US Bank Escalation Contact Needed

Who can I call? The negotiator repeatedly escalates to his supervisor to no avail. Property with SS package and offer sent in. Can't eve…

Started by Linda Cadotte

7 yesterday
Reply by Ron Scribner

Wells Fargo Short Sale - About to enter foreclosure status next mon...

Wells Fargo short sale but seller contacted me too late... was already 4 months behind in payments. Property has been on market since Marc…

Started by Frank Biganski

4

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