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Bank of America

!acksonvllle, lL 32236
To:
Email:
Today’s 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 buyer’s 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 homeowner’s 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