hello everyone - need some help with this one please:

I have a Fannie Mae loan serviced by Nationstar

hardship is job relocation

employer offers the seller a relocation package that includes the purchase of the emplyee/seller's honme... the purchase price is under FMV however there are no seller expenses on the HUD - since there are no selling expenses, the net on the HUD is higher

The Question: with a GSE HAFA, can there be NO seller expenses?

my knee-jerk answer would be that no seller expenses would be ok but since it is HAFA, and since it is GSE - logic has no place in the transaction.

Anyone?

Views: 143

Discussion Forum

HAFA short sale - First Loan does NOT want to give $8500 to Second Loan

Started by Sara Mehrpouyan Los Angeles CDPE. Last reply by Kevin - Greenville, SC Mar 23, 2013. 10 Replies

HAFA DOCS FOR 2ND LIEN HOLDER QUESTION

Started by Donal J Dowling. Last reply by Joe Beauchamp Jun 1, 2012. 3 Replies

© 2019   Created by Mike Linkenauger.   Powered by

Badges  |  Report an Issue  |  Terms of Service