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Tagged with: hud
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nancy laguna
a year ago
We bought a house back in 2012 and we are planing to sell it to buy a bigger house. They told us before when we bought it that we cannot sell the house before 5 years due to the FHA loan, but i got advice today that if I pay what I owe to the FHA loan, then I can sell my house.
We bought a house back in 2012 and we are planing to sell it to buy a bigger house. They told us before when we bought it that we cannot sell the house before 5 years due to the FHA loan, but i got advice today that if I pay what I owe to the FHA... (more)
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Ann Golz
a year ago
Do HECM services require annual verification of Home Owner Hazard insurance?
Do HECM services require annual verification of Home Owner Hazard insurance?
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I had a chapter 7 discharged Sept 2012. In that bankruptcy my house was included but not foreclosed until February 2014. HUD shows the CAIVRS claim date (when Bank of America made their claim) 14 months later, April 2015. Did the seasoning period begin with the foreclosure sale, 2/2014, or the HUD CAIVRS claim date 04/2015? Lenders I have talked to say it's the HUD claim date. I appealed the claim date directly with HUD in Denver, but they declined to "suppress" the claim.
I had a chapter 7 discharged Sept 2012. In that bankruptcy my house was included but not foreclosed until February 2014. HUD shows the CAIVRS claim date (when Bank of America made their claim) 14 months later, April 2015. Did the seasoning period... (more)
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stephanie harper
2 years ago
One person has poor credit history but reliable retirement income. That person would occupy the purchased residence. The other buyer lives out of state and has good credit and reliable retirement income. The property is a HUD listing in Michigan
One person has poor credit history but reliable retirement income. That person would occupy the purchased residence. The other buyer lives out of state and has good credit and reliable retirement income. The property is a HUD listing in Michigan
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