HUD’s new SHORT SALE Rules… no bueno!!

The basics are that if you are the listing office on any FHA Shortsale no one from your office can represent the buyer under any circumstances. NAR has sent a letter regarding the problems this may cause but as of October 1st, this is the way it is going to be.

Start watching the video at about the 1:50 mark for the HUD details!

 

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