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Updated over 14 years ago on .

Lance Schaefer's profile image
Lance Schaefer's profile image
Lance Schaefer
  • Real Estate Investor
  • from Central Iowa, Iowa
  • Member since Feb 20, 2010
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17
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Lance Schaefer's profile image
Lance Schaefer's profile image
Lance Schaefer
  • Real Estate Investor
  • from Central Iowa, Iowa
  • Member since Feb 20, 2010
Connect
Lance Schaefer
  • Real Estate Investor
  • Central Iowa, IA
0
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17
Posts
Foreclosures

HUD Headache.

Lance Schaefer
  • Real Estate Investor
  • Central Iowa, IA
Posted

Has anyone lost a deal over HUD requirements? I may lose one. I sent a POF letter, and now they want it signed and modified and back in 24 hrs. This is now after they have sent my offer back and wanted other things just so. Thought that HUD realtor should dot the I's and cross those T's. We sent it back in. Now they want this POF with a fast turn around.

Tried calling my guy that sent the letter and he is out. Anyone want to help me with a POF for $12k? What to do?

Does HUD usually make such requests and try to find a reason to keep my earnest money? This is my first deal and I am seriously thinking about not doing another.

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