On an FHA Short Sale is the $3000.00 relocation part of the closing costs paid by the lender or part of the net?


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Comment by Brett Goldsmith on October 11, 2014 at 7:28pm
The FHA relocation incentive varies. HUD will need to NET 88% of their appraised value in order for the homeowner to be elgible to receive a relocation incentive. The relocation incentive will come out of the lenders NET proceeds and will show up as a closing cost on the sellers side of the Est. HUD.

Let me know if you have any questions or need anything at all.

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