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Mar 31, 1997 ... Mortgage loans insured by the FHA or guaranteed by the Rural .... The Corporation has established certain underwriting guidelines for purchases of conventional ..... of a preforeclosure sale or modiСcation) and a variety of other factors. ...... (1) Short-term refers to the face amount of debt issued with an ...

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When I am listing a short sale, I follow the same guidelines, but also really try to educate the sellers about the process, their bank and what to expect.

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Rules for FHA Loans Following a Short Sale

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Marina Schad - Associate Broker, Realtor - The Real Estate Group, Inc.

My designations: SRS (Seller Representative Specialist), ABR (Accredited Buyer's Representative ), SFR (Short Sale and Foreclosure Representative)

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