USDA as Investor / PennyMac as Servicer - Short Sale Superstars2024-03-29T06:16:41Zhttps://shortsalesuperstars.com/forum/topics/usda-as-investor-pennymac-as-servicer?commentId=3468065%3AComment%3A500835&xg_source=activity&feed=yes&xn_auth=noGreat job! Another one down!tag:shortsalesuperstars.com,2023-03-24:3468065:Comment:5016812023-03-24T14:27:44.752ZPhoenix Nest Homeshttps://shortsalesuperstars.com/profile/PhoenixNestHomes
<p>Great job! Another one down!</p>
<p>Great job! Another one down!</p> It worked!!!!! Thank you for…tag:shortsalesuperstars.com,2023-03-23:3468065:Comment:5018802023-03-23T13:58:31.155ZShauna Andradehttps://shortsalesuperstars.com/profile/ShaunaAndrade
<p>It worked!!!!! Thank you for the tip :)</p>
<p>It worked!!!!! Thank you for the tip :)</p> Hi Minna, we've done this on…tag:shortsalesuperstars.com,2023-03-20:3468065:Comment:5017772023-03-20T15:09:22.757ZShauna Andradehttps://shortsalesuperstars.com/profile/ShaunaAndrade
<p>Hi Minna, we've done this on HUD files, but never USDA. We just emailed the lender to see if that's an option. I'll let you know how it goes. Thank you!</p>
<p>Hi Minna, we've done this on HUD files, but never USDA. We just emailed the lender to see if that's an option. I'll let you know how it goes. Thank you!</p> You can request a variance fr…tag:shortsalesuperstars.com,2023-03-20:3468065:Comment:5015772023-03-20T14:34:05.756ZMinna Reidhttps://shortsalesuperstars.com/profile/MinnaReid
<p>You can request a variance from HUD on an FHA. I have had much success with variances. I would imagine USDA has a similar process (although I have never had to try with USDA to confirm). Someone correct me if I'm wrong. Would love to know for sure.</p>
<p>You can request a variance from HUD on an FHA. I have had much success with variances. I would imagine USDA has a similar process (although I have never had to try with USDA to confirm). Someone correct me if I'm wrong. Would love to know for sure.</p> Thank you for the response! …tag:shortsalesuperstars.com,2023-03-07:3468065:Comment:5007272023-03-07T18:59:43.257ZShauna Andradehttps://shortsalesuperstars.com/profile/ShaunaAndrade
<p>Thank you for the response! We've had this happen to a few with PHH as the servicer and HUD as the investor - very frustrating. We'll try what you suggested - thanks again!</p>
<p>Thank you for the response! We've had this happen to a few with PHH as the servicer and HUD as the investor - very frustrating. We'll try what you suggested - thanks again!</p> They likely want to have a in…tag:shortsalesuperstars.com,2023-03-07:3468065:Comment:5008352023-03-07T18:55:30.183ZPhoenix Nest Homeshttps://shortsalesuperstars.com/profile/PhoenixNestHomes
<p>They likely want to have a insurance claim made. They can also have the bpo amended or adjusted. I believe its anything over 100k. Maybe do your own with less. I have been finding A LOT recently the investors just want the house and make excuses. This is an odd case. This is one of the rare cases you may need to dispute a bpo for being too much in your favor. On the positive note I have had a few of these and all ended up in approval. Stay persistent. Talk to higher ups. Do not give…</p>
<p>They likely want to have a insurance claim made. They can also have the bpo amended or adjusted. I believe its anything over 100k. Maybe do your own with less. I have been finding A LOT recently the investors just want the house and make excuses. This is an odd case. This is one of the rare cases you may need to dispute a bpo for being too much in your favor. On the positive note I have had a few of these and all ended up in approval. Stay persistent. Talk to higher ups. Do not give up!</p>