Updated about 12 years ago on . Most recent reply
FHA arms-length guidelines
Hello all,
I know there have been some changes to FHA short sale guidelines lately but I was under the impression that they were rescinded. Nationwide Advantage Mortgage just told me that I couldn't negotiate an FHA short sale if I am the buyer. I can still go through the realtor that the property is listed under, but I was hoping someone could shed some light on the guidelines.
Currently, is it really not legal for the buyer to negotiate an FHA short sale?
Thank you,
Mark



