HUD Variance Short Sale Help Homeowners who purchase their property with a Federal Housing Authority (FHA) loan and needs to short sale will be reviewed for the Pre Foreclosure Sale Program (PFS ). This is many times referred to by individuals as a FHA short sale. The...
Veteran Administration Short Sale Help A Veteran Administration Short Sale ( VA ) or more precisely known as the VA Compromise Sales Program is when a borrower needs to short sale a home that they purchased with VA guaranteed loan. The guidelines for a Veteran...
Probate Short Sale Help! When the borrower(s) on a mortgage loan pass away and no Will was left the property likely will need to go through probate if there is no right of survivorship in place. Many individual heirs who take title due to the right of survivorship or...
Nationstar Equator Short Sale Equator is likely the largest online platform that is used to facilitate short sales online on the banks end. If your mortgage servicer is Nationstar and you need to complete a short sale the file will go through equator. It does not...
Help Short Sale Deficiency Judgment ! A short sale deficiency judgment post short sale depends on many factors. Here are a few of the main factors: What state are you in and is it a deficiency state? Who is the investor on the notes? What type of short sale programs...
Different investors and servicers allow different fee’s to be considered for approval. FHA allowable fees are determined by HUD guidelines. Below are the allowable fee’s per HUD. It is important to know that at times variances can be submitted to HUD to...
