Richard Zaretsky
Florida Real Estate Attorney
West Palm Beach,
FL
More about me…
THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY
Address: 1615 Forum Place, Suite 3A, West Palm Beach, Fl, 33401
Office: 5616896660 x 107
Mobile: (561) 329-2279
Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog.
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Pretty much all the agents we work with have done HAFA short sales where the lender first saw the deal when the contract was submitted by the agent and then a BPO substantiates the FMV for the contract and the sale goes through. HAFA has certain benefits to borrowers in that the deficiency is forgiven and there is often a move out bonus (although we often find it to be of dubious value once the closing fees are adjusted by the lender).
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