Positive Rental Payment History

Positive Rental Payment History

Positive Rental Payment History refers to the on time payment by a Borrower of all rental paid within the month due. Post-Action Review A Post-Action Review refers to evaluations of submitted Unconditional DELRAP Authority packages. Pre-Conveyance Inspection before conveyance to determine if a Property meets HUD’s conveyance standards. Pre-Foreclosure Sales (PFS) Pre-Foreclosure Sales (PFS), also known as Short Sales, refer to the sales of real estate that generate proceeds that are less than the amount owed on the Property and the lien holders agree to release their liens and forgive the deficiency balance on the real estate.