Sentences with phrase «pre-foreclosure sale program»

Two weeks later I was told it was rejected by underwriting because my Short was on an FHA loan and done under the pre-foreclosure sale program, which I find odd because I was current.

Two weeks later I was told it was rejected by underwriting because my Short was on an FHA loan and done under the pre-foreclosure sale program, which I find odd because I was current.

Until a few weeks ago, only borrowers who were owner - occupants could take advantage of FHA Pre-Foreclosure Sale Program.

New guidelines for the FHA Pre-Foreclosure Sale Program have taken effect as of this month.

Continuing our series about the changes to FHA's Pre-Foreclosure Sale Program, in this post we will look at cash payments on closing of a short sale: essentially, how an underwater borrower can be paid to get out of their mortgage.

This is our fourth installment in our series about the changes to FHA's Pre-Foreclosure Sale Program.

We've written extensively, these last few weeks, about the new guidelines for FHA's Pre-Foreclosure Sale program which took effect in October.

Our last blog post was an introduction to the recent changes in the FHA Pre-Foreclosure Sale Program: reviewing the new «Standard» and «Streamlined» programs, and outlining what the new eligibility requirements are for each.

HUD also says that «borrowers who sold their property under FHA's pre-foreclosure sale program are not eligible for a new FHA - insured mortgage from the date that FHA paid the claim associated with the pre-foreclosure sale.»

Not exact matches

We've already talked about the new FHA Pre-Foreclosure Sale guidelines which took effect in October, the FHA Back to Work Program guidelines, and reviewed the differences between the two new streams: the «Standard» and the «Streamlined» short sSale guidelines which took effect in October, the FHA Back to Work Program guidelines, and reviewed the differences between the two new streams: the «Standard» and the «Streamlined» short salesale.

Prior to the changes which took effect this past October 1st, the maximum cash incentive to the seller for a sale processed through the FHA Pre-Foreclosure Program was $ 1,000.

If you want to get started buying pre-foreclosures ASAP and achieve the freedom you deserve once and for all, join me, my good friend and short sale expert, Kimberlee Frank, and our Team at our upcoming Foreclosures Gone Wild 12 Week Online Training Program which starts this Monday, January 4th, 2010 at 7:00 PM ET (and every monday thereafter for the next 12 weeks.