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Who is the servicer you are dealing with
Will is one of the managers in the FHA group and he certainly knows what he is doing.
I just closed an FHA with Wells last week that had a partial claim and I went back and looked at the HUD.
In our case, the net with the amount for the partial claim taken out was still above the 84% mark.
If you have not done it already, I would email Will and ask him about a variance request, or any other ideas that he has to get this one approved.
How close is your net to the 84% number - and can you get the sales price up to where you are getting 84% with the partial claim included.
What questions do you have?
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