Are FHA loans ok to do a shortsale on? - Posted by sam reed

Posted by G.O. on August 07, 2009 at 24:55:41:

FHA insured loans can be sold short. In this case, FHA makes the final decision. There are some additional rules, but it can be done.

Are FHA loans ok to do a shortsale on? - Posted by sam reed

Posted by sam reed on August 06, 2009 at 12:42:23:

Are fha loans still insured up to 80% by fha is it is sold via a shortsale. Or do banks forego the shortsale in order to keep the property and let it go to sale to keep its fha insured status