Posted by TheShortSalePro on August 02, 2003 at 07:17:28:
If the mortgage loan to be ‘shorted’ is an FHA insured mortgage loan, then yes, all that HUD crap needs to be satisfied.
The HUD counseling is free.
You should be able to find a broker willing to list and prepare a Purchase and Sale Agreement at a discount. If you can’t, let me know. I work with brokers across the USA in the listing, preparation, presentation, and negotiation of short sale proposals.