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Old 04-12-2015, 11:11 AM
 
1 posts, read 780 times
Reputation: 10

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We live in Sacramento and did a short sale on our home 2 1/2 years ago. We were approached by the new owners (not family) about buying it back. Our lender that we have worked with in the past said yes we can, but the new owners mortgage company is saying no. We called HUD and I was told I would have to speak to our lender for those questions. We are really confused.
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Old 04-12-2015, 11:32 AM
 
Location: Sugarmill Woods , FL
6,234 posts, read 8,436,891 times
Reputation: 13809
How can the new owners mortgage holder tell them to who, of if they can sell their home? Doesn't sound right to me.
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Old 04-12-2015, 01:28 PM
 
Location: East Fallowfield, PA
2,299 posts, read 4,824,723 times
Reputation: 1176
Is it another Short Sale or there are additional Mortgages? Otherwise, I'm confused as to why the current Mortgage Holder gives a hoot as to who qualifies and purchases the home.
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Old 04-12-2015, 05:35 PM
 
Location: Rancho Cordova
251 posts, read 375,833 times
Reputation: 172
Sounds like something is missing from the situation. Is the suggested purchase price less than what they owe on the house?
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Old 04-13-2015, 11:45 AM
 
1,334 posts, read 1,672,801 times
Reputation: 4232
Quote:
Originally Posted by Raylene1958 View Post
We live in Sacramento and did a short sale on our home 2 1/2 years ago. We were approached by the new owners (not family) about buying it back. Our lender that we have worked with in the past said yes we can, but the new owners mortgage company is saying no. We called HUD and I was told I would have to speak to our lender for those questions. We are really confused.
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