short sale: Change on FHA Short Sale "Dual Agency" Prohibition - 09/26/13 03:22 AM
In a comment following up on his own post, Roy Kelly has posted a notice that the FHA Short Sale "Dual Agency" prohibition has been postponed.   Here is what he had to say:
HUD Removes Dual Agency Restrictions NAR members recently received word that the U.S. Department of Housing & Urban Development would be implementing a new policy on Oct. 1, 2013, that would prevent dual agency agreements in FHA pre-foreclosure transactions.
The National Association of REALTORS® immediately began talks with HUD officials on the proposed change. On Wednesday afternoon HUD officials reported to NAR that they would reissue the July … (2 comments)