FHA - HUD Short Sales Discussions (136)

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How do I dispute value with HUD?

Hi everyone, I have a FHA short sale with Citi. They sent over the HUD letter asking me to list the property at a price of $325K and that t…

Started by Scott R. Fuller

5 Nov 29, 2010
Reply by Michael Schneider

HUD Denied due to Buyer's "Refund" from her OWN Lender...

Here are the details: FHA pre-approved Short Sale with Wells Fargo. Conventional, 20% down buyer (how many of those are out there??) No…

Started by Stephanie Jarman

6 Nov 4, 2010
Reply by Stephanie Jarman

TITLES

WHEN IS A TITLE SEARCH DONE FOR A SHORT SALE WITH FHA, AND IS THERE SOME TYPE OF PROCEEDOR THAT IS DONE? IF SOMETHING WRONG WAS DONE WHO IS…

Started by ROLAND SMITH

3 Nov 1, 2010
Reply by James ferebee jr

Wells Fargo declining Digital Signatures (Sept. 2010)

New frustration in the past two weeks with Wells Fargo declining Digital Signatures. The files had been accepted into the FHA Pre-foreclosu…

Started by Stephanie Jarman

3 Oct 7, 2010
Reply by Robin M. Willis

Percentage of Principal Balance v Market Value?

I believe at one place or another I read that in order for a property to qualify for a HUD PFS, the current market value cannot be less tha…

Started by Ann Trieb

3 Oct 7, 2010
Reply by Bryant Tutas

Partial Claim - Payment in Full?

I almost lost a deal a couple of months ago when we hit 84% of the BPO but HUD came back and said, "we need the $9,500 partial claim to be…

Started by Brian Garff

12 Sep 15, 2010
Reply by John Edelman

PFS PROGRAM

I am working on my first HUD short sale with EverHome?  I'm not shy to say I am not all too familiar with the PFS program but learning as I…

Started by Tina Farinas

7 Aug 26, 2010
Reply by Wendy Rulnick

Does an FHA Approved ShorSale need to be Owner Occupied?

Have a client that had a TH as primary residence with FHA loan, bought a bigger house after 2 years living there , moved out with the inten…

Started by Alexander Max

3 Aug 26, 2010
Reply by Wendy Rulnick

FHA - REO department

Hello everyone, I was working on a short sale that went to sale this week.  I called the courts and they advised that the property was not…

Started by Dee Garcia

3 Jul 9, 2010
Reply by Alexander Max

Contact info for Wells Fargo: Let the know we don't like their policies on PFS!!!!

I've been having trouble with Wells Fargo's stance on Jr. Liens and PFS.  If you are having similar problems with PFS because they require…

Started by Rachel Diedrich

3 Jun 25, 2010
Reply by Michael Schneider

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