Real Estate Broker · Greenwich, CT · Member since 2015 · 65 posts · 28 votes
Team!
I am working to sell a HECM (Reverse Mortgage) Short Sale through NOVAD Management. Our appraisal was more than 95% of the loan balance so it was rejected. It is very difficult to get answers from them or anyone on the subject. Can we order another appraisal? Can you resubmit a HECM Short Sale? Thanks in advance!