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FHA SHORT SALE - SALES CONTRACT REVIEW - APPROVED Required Net Tier: 86% Required Net Proceeds: $184,900 Actual Net Proceeds: $180,600 Purchase Price: $200,000 Buyer qualifies for $1000 or $750 File cannot close escrow prior to ________.
FHA SHORT SALE - SALES CONTRACT REVIEW - APPROVED Required Net Tier: 86% Required Net Proceeds: $184,900 Actual Net Proceeds: $180,600 Purchase Price: $200,000 Buyer qualifies for $1000 or $750 File cannot close escrow prior to ________.
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FHA SHORT SALE - SALES CONTRACT REVIEW - APPROVED Required Net Tier: 86% Required Net Proceeds: $184,900 Actual Net Proceeds: $180,600 Purchase Price: $200,000 Buyer qualifies for $1000 or $750 File cannot close escrow prior to ________.
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Attribution Non-Commercial (BY-NC)
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Скачайте в формате PDF, TXT или читайте онлайн в Scribd
Buyer #2 Credits to Net Buyer #3 Credits to Net Purchase Price Credits to Net Close of Escrow 2nd lien payoff Next Pymt Due FHA Incentive Paid out Closing Cost Credit Comments for SCR-A Taxes Taxes Taxes Taxes Taxes Seller Contribution Commission Escrow/Settlement Fee Attorney Fee Title Policy Wire Fee HOA Fees HOA Fees HOA Fees Misc Fee ___________ Misc Fee ___________ Misc Fee ___________ Misc Fee ___________ Non Allowed _________ Non Allowed _________ Non Allowed _________ Non Allowed _________ Net Proceeds: Homeowner qualifies for $1000 or $750 ***File cannot close escrow prior to ________*** Appraised value: Appraisal Date: Appraisal Exp: 88% of Value: ATP Exp: David M. Carey 200,000.00 04/30/2012 04/01/2011 ****Estimated Closing Date: 04/30/2012***** ***FHA SHORT SALE - SALES CONTRACT REVIEW - APPROVED*** Required Net Tier: 86% Required Net Proceeds: $184,900 Actual Net Proceeds: $180,600 Purchase Price: $200,000 Buyer(s): David M. Carey ATP Exp Date: 05/25/2012 Agent/3rd Party Name: Kevin Lancaster Agent/3rd Party Email:Kevin@kevinsellstheupstate.com Approved Fees to be paid from Sales Proceeds: Line 401: Contract Sales Price $200,000 Line 505: Seller's Pd CC $5,000 (Variance Approved) Line 506: Seller Incentive $750 Line 511: County Taxes $400 Line 512: Assessments $100 Line 703: Commissions $12,000 Line 1101: Settlement fee $400 Line 1203: State tax/stamps $750 Line 1400: TL Settlement charges $13,150 Fees to be paid from seller incentive: reduced to help increase Net Proceeds 0.00 0.00 0.00 0.00 0.00 750.00 5,000.00 400.00 100.00 750.00 0.00 0.00 0.00 12,000.00 400.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 180,600.00 1,000.00 215,000.00 01/03/2012 05/02/2012 189,200.00 05/25/2012 05/03/11
Bank of America Bank of Opportunity 1515 W. 14 th Street Tempe, AZ 85281 To: Email: Todays Date: Loan Number: Property Address: FHA Case Number: This letter is to inform you that the sales contract has been accepted based on the current information our office has received. The next step is to have the Final HUD-1 approved no more than 5 business days prior to the scheduled closing. Final HUD approval and closing instructions will be provided at that time.
****IF YOU CLOSE WITHOUT FINAL HUD APPROVAL, THE FUNDS WILL BE RETURNED****
x Make sure the buyers closing instructions have been received by the title company prior to sending any HUD-1. Estimated HUDs will not be reviewed.
x Once the HUD-1 has been approved, we will issue the demand letter, wiring instructions and documents for the Seller to sign at closing. These documents are sent directly to the closing agent ONLY.
**Approved Final HUD-1 and amount of funds received from wire must match**
-E-Mail is the best way to send documents- - Please be sure to include the homeowners loan number on all correspondence.-
Thank you,
Kevin Lancaster Kevin@kevinsellstheupstate.com 03/26/2012 185392080 509 Shadow Oaks Drive Easley, SC 29642 461-4413276703 Gloria-Jane Lewis Sales Contract Review Pre-foreclosure Sale Program U. S. Department of Housing and Urban Development Ollice ol Housing Federal Housing Commissioner OMB Approval No.25O2O4b4 (exp. O7/81/2OO9) Public reporting burden lor this collection ol inlormation is estimated to average 9 minutes per response, including the time lor reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection ol inlormation. This inlormation is required to obtain benelits. HUD may not collect this inlormation, and you are not required to complete this lorm, unless it displays a currently valid OMB control number. Section 2O4 ol the National Housing Act authorizes the Secretary to pay an insurance claim that bridges the gap between the lair market value proceeds lrom the HUDapproved third party sale ol a property. The respondent s maybe lenders (mortgagee s), counselors and homeowners who are attempting to sell their properties prior to loreclosure. The Privacy Act ol 1974 pledges assurances ol conlidentiality to respondents. HUD generally discloses this data only in response to a Freedom ol Inlormation request. Mortgagee Contact Person: Phone Number: Account/Control Number: FHA Case Number: Homeowner Name(s):
Property Address: Homeowner Name(s): Date ol Sales Contract: Date contract Received by Mortgagee: Sales Agent and Firm: Phone Number: Sales Commission & Rate Ollered By: Address: listing Price: $ Price Ollered: $ Appraised Value: $ Value: $ Fstimated Net Sales Proceeds: $ Mortgagee (or HUD) Review of the Sales Contract The Sales Contract ollered by the individuals listed above is: Accepted Rejected (list reasons below) This Sales Contract is rejected lor the lollowing reasons(s): ________________________ Mortgagee Signature and Date lorm HUD-90051 (Ob/2OO8) rel. Handbook 488O.1 ol Appraised Date: 88% Six Percent (6%) % Gloria-Jane Lewis 904-218-0607 185392080 461-4413276703 Julie Clements Samuel Clements V 509 Shadow Oaks Drive Easley, SC 29642 03/05/2012 03/08/2012 Kevin Lancaster 864-485-9283 12,000.00 6 David M. Carey 215,000.00 200,000.00 215,000.00 189,200.00 180,600.00 Gloria-Jane Lewis 03/26/2012 2 Sales Contract Review Additional Information Home Owner Name: Loan Number: Thanks & Best Regards, FHA Negotiator Please drop me an email if you have any questions, LOAN SERVICE SPECIALIST HUD has approved $ _____ for buyers closing cost credit. *** Please note, these funds cannot be used for any portion of the buyer's down payment, nor can it be used to pay for fees that HUD has deemed un-allowed. For example, third party negotiation fees, repairs or additional realtor costs. The final HUD that is submitted for approval must show both buyer and seller costs. If a fee is determined to be a non-allowed, you will be notified at that time, and final approval will be withheld until corrections have been made. *** Julie Clements Samuel Clements V 185392080 ****Estimated Closing Date: 04/30/2012***** ***FHA SHORT SALE - SALES CONTRACT REVIEW - APPROVED*** Required Net Tier: 86% Required Net Proceeds: $184,900 Actual Net Proceeds: $180,600 Purchase Price: $200,000 Buyer(s): David M. Carey ATP Exp Date: 05/25/2012 Agent/3rd Party Name: Kevin Lancaster Agent/3rd Party Email:Kevin@kevinsellstheupstate.com Approved Fees to be paid from Sales Proceeds: Line 401: Contract Sales Price $200,000 Line 505: Seller's Pd CC $5,000 (Variance Approved) Line 506: Seller Incentive $750 Line 511: County Taxes $400 Line 512: Assessments $100 Line 703: Commissions $12,000 Line 1101: Settlement fee $400 Line 1203: State tax/stamps $750 Line 1400: TL Settlement charges $13,150 5,000.00 Gloria-Jane Lewis