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

Comment

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

Comment by Short Sale Superstars LLC on October 11, 2014 at 3:28pm: 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.

[email protected]
310-564-6389
www.ishortsalenow.com

RSS

Welcome to
Short Sale Superstars

Sign Up
or Sign In

Or sign in with:

Members

View All

Badges | Report an Issue | Terms of Service

Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.