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    #BANKOFAMERICA FHA Pre-Foreclosure Sale Approval Letter

    Uploaded by

    kwillson
    This letter informs the recipient that the sales contract for the property located at 25 BERRY PINE COURT, TAYLORS, SC 29687 has been approved based on the information provided. The closing date is scheduled for no later than March 29, 2013 and final HUD approval of the closing documents is required at least 5 business days prior. Any closing that occurs without final HUD approval will result in the return of funds. Once final HUD approval is provided, documents will be issued for signing at closing.

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    #BANKOFAMERICA FHA Pre-Foreclosure Sale Approval Letter

    Uploaded by

    kwillson
    793 views2 pages
    This letter informs the recipient that the sales contract for the property located at 25 BERRY PINE COURT, TAYLORS, SC 29687 has been approved based on the information provided. The closing date is scheduled for no later than March 29, 2013 and final HUD approval of the closing documents is required at least 5 business days prior. Any closing that occurs without final HUD approval will result in the return of funds. Once final HUD approval is provided, documents will be issued for signing at closing.

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    #shortsales #bankofamerica #greenville, #foreclosures #realestate

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    This letter informs the recipient that the sales contract for the property located at 25 BERRY PINE COURT, TAYLORS, SC 29687 has been approved based on the information provided. The closing date is scheduled for no later than March 29, 2013 and final HUD approval of the closing documents is required at least 5 business days prior. Any closing that occurs without final HUD approval will result in the return of funds. Once final HUD approval is provided, documents will be issued for signing at closing.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    793 views2 pages

    #BANKOFAMERICA FHA Pre-Foreclosure Sale Approval Letter

    Uploaded by

    kwillson
    This letter informs the recipient that the sales contract for the property located at 25 BERRY PINE COURT, TAYLORS, SC 29687 has been approved based on the information provided. The closing date is scheduled for no later than March 29, 2013 and final HUD approval of the closing documents is required at least 5 business days prior. Any closing that occurs without final HUD approval will result in the return of funds. Once final HUD approval is provided, documents will be issued for signing at closing.

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    Bank of America

    !acksonvllle, lL 32236
    To:
    Email:
    Todays Date:
    Loan Number:
    Property Address:
    FHA Case Number:
    This letter is to inform you that the sales contract has been accepted based on the current information our
    office has received. The next step is to have the Final HUD-1 approved no less than flve (5) business days prior to
    the scheduled closing. Final HUD approval and closing instructions will be provided at that time.

    ****IF YOU CLOSE WITHOUT FINAL HUD APPROVAL, THE FUNDS WILL BE RETURNED****

    Make sure the buyers closing instructions have been received by the title company prior to sending
    any HUD-1. Estimated HUD-1s will not be reviewed.

    Once the HUD-1 has been approved, we will issue the demand letter, wiring instructions and
    documents for the seller to sign at closing. These documents are sent directly to the closing agent
    ONLY.

    **Approved Final HUD-1 and amount of funds received from wire must match**


    -E-Mail is the best way to send documents-
    - Please be sure to include the homeowners loan number on all correspondence.-




    Thank you,


    8ulldlng 100
    9000 SouLhslde 8lvd
    Kevin Wilson
    Kevin@kevinselltheupstate.com
    March 14, 2013
    216374165
    25 BERRY PINE COURT
    TAYLORS, SC 29687
    4615016348703
    Joy Cur r i e
    2
    Sales Contract Review Additional Information
    lome Owner Name:
    Loan Number:



























    Thanks & Best Regards,



    FHA Short Sale Specialist
    HUD has approved $ __________ for buyer's closing cost credit.
    *** Please note, these funds cannot be used for any portion of the buyer's down payment, nor can it be used to
    pay for fees that HUD has deemed un-allowed. For example, loan origination fees, third party negotiation fees,
    repairs or additional realtor costs. The final HUD-1 that is submitted for approval must show both buyer and seller
    costs. If a fee is determined to be a non-allowed, you will be notified at that time, and final approval will be
    withheld until corrections have been made. ***
    216374165
    ***FHA SHORT SALE - CLOSING NOTES***
    THIS APPROVAL IS CONTINGENT ON CLOSING
    NO LATER THAN: on or before 3/29/13
    IF CLOSING DOES NOT TAKE PLACE BY THIS DATE
    A NEW APPROVAL LETTER WILL BE REQUIRED.
    ***THIS IS NOT AN APPROVAL TO CLOSE***
    ***SUBJECT TO FINAL HUD-1 APPROVAL***
    Additional information:
    ***FHA SHORT SALE - SALES CONTRACT REVIEW - APPROVED***
    Required Net Tier: 88%
    Required Net Proceeds: $149600
    Actual Net Proceeds: $149915
    Purchase Price: $170000
    Buyer(s):Ashley fowler
    ATP Exp Date:05/07/13
    Agent/3rd Party Name: Kevin Wilson
    Agent/3rd Party Email:Kevin@kevinsellstheupstate.com
    Approved Fees to be paid from Sales Proceeds: seller concessions, HOA, commission, closing fee, state tax
    Fees to be paid from FHA Seller Incentive: n/a
    Joy Cur r i e
    5,100.00
    Kenneth S. Spencer
    Laura N. Spencer

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