HUD 90051 Sales Contract Review

Sales Contract Review
Pre-foreclosure Sale Program

OMB Approval No.2502-0464

U. S. Department of Housing
and Urban Development

(exp. 10/31/2012)

Office of Housing
Federal Housing Commissioner

Public reporting burden for this collection of information is estimated to average 9 minutes per response, including the time for
reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of
information. This information is required to obtain benefits. HUD may not collect this information, and you are not required to complete this form,
unless it displays a currently valid OMB control number.
Section 204 of the National Housing Act authorizes the Secretary to pay an insurance claim that bridges the gap between the fair market
value proceeds from the HUD-approved third party sale of a property. The respondent’s maybe lenders (mortgagee’s), counselors and homeowners
who are attempting to sell their properties prior to foreclosure. The Privacy Act of 1974 pledges assurances of confidentiality to respondents. HUD
generally discloses this data only in response to a Freedom of Information request.
Mortgagee Contact Person:

Phone Number:

Homeowner Name(s):

Account/Control Number:

FHA Case Number:

Property Address:

Homeowner Name(s):

Date of Sales Contract:

Date contract Received by Mortgagee:

Sales Agent and Firm:

Offered By:

Phone Number:

Sales Commission & Rate

Address:

Listing Price:

Price Offered:

Appraised Value:

90% of Appraised
Value:

Estimated Net Sales
Proceeds:

$

$

$

$

$

Mortgagee (or HUD) Review of the Sales Contract
The Sales Contract offered by the individuals listed above is:

□
□

Accepted
Rejected (List reasons below)

This Sales Contract is rejected for the following reasons(s):

________________________
Mortgagee Signature and Date

form HUD-90051 (06/2003)
ref. Handbook 4330.1