This impacts ALL properties, not just those with Federally-backed mortgages or those receiving Federal rent assistance.

Thanks Suzie, As a Federal Employee, I planned on using a loan from my TSP (like a 401K).

Any phishing scams should be reported by forwarding the e-mail to the Federal Trade Commission at [email protected] and they will take action.

What liens can be waived and what type of liens are required (like federal)?

The eviction moratorium, high unemployment, federal stimulus up in the air...

But a 53% back end is not a deal killer unless the bank/lender has over lays and they are not a Direct lender or have Federal Delegated Authority.

In private you have more negotiating ability on the terms because they aren't stuck following the same federal guidelines as a standard lender.  

If you have lived in the property last 2 of 5 years you will not have federal income taxes to worry about if you sell now. 

I’m not sure what “special” circumstances or novel litigation there is that might alter normal practices, but.....there typically is no way the bank could take a reduced pay off u less done specifically through the short sale process, due to federal law, mortgage insurance requirements, etc.Any more details specific to this situation would be helpful.The language you proposed would be perfectly fine, and likely fine without it.

To my knowledge CA phased out the rebate but you still get the federal one, but if this was 2019, guess who gets to go amend their tax return if they want it.