I have a short sale listing that is towards the tail end of getting approvals from both lenders on the property.
I wanted to see if all the guidelines can be met so that my seller can qualify for the relocation subsidy offered by the HAFA program.
The second lender is asking for 10% of the balance owed ($1900), and I want to see if the subsidy to the lienholders offered through HAFA will work here also.
This goes into affect April 5th, correct?
If anyone has delved into this much lately, your thoughts and opinions would be greatly appreciated.
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