Forum

Does VHDA pay Purchaser's Closing?

Posted by Terri Flight on January 12, 2011 at 10:06am in Short Sale Discussions
I am handling a VHDA - Virginia Housing Development Authority- short sale.  They tell me they only pay 5% brokerage fee, and NO purchaser's closing costs.  In addition, all normal seller's closing costs over the brokerage fee plus $500 is the seller's responsibility.  Has anyone settled a VHDA SS with that had any variance from their above stated VHDA policy?  Thank you in advance for any VHDA SS eqperience feedback.

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

Join Short Sale Superstars

Tags: VHDA, sale, short
Email me when people reply –
Follow

Replies

  • Tara Samney August 12, 2011 at 4:08pm
    Terri, Were you able to get any variance to this?  I got the same notice in accordance with their policy.  Not trying for anything for buyer but have a $275 condo disclosure that needs to be paid a second loan negotiated for $2,200 and they state in their counter they don't allow money toward seconds.  Thanks!
This reply was deleted.
********************************** like buttons ************************