I've been working with a client who has a VHDA mortgage and is need of either modification or
Short Sale of property. They cannot afford to make current payments anymore due to job status.
I've tried numerous times to make contact with VHDA and try to get some contact information
for either a Loss Mitigation Dept or Short Sale Dept with no luck.
Has anyone had any success dealing with VHDA and if so, how did you make contact?
Have a condo listed in a newer complex. Short Sale. Everything is running smoothly until another agent
calls me who has a listing in the same complex.
She was asking me if I heard of new FHA Guidelines that won't approve loans in neighborhoods where more than 15% of the neighborhood is in default of paying their HOA/Condo dues.
This is new to me since I have closed 2 other units in the same complex in the last 2 months.
I called a lender that I use and he…Continue