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How to get HAFA to move on this?

Posted by John Young on November 3, 2011 at 4:19am in Short Sale Discussions

I have a buyer with an approved offer on BofA short sale. He requested an extension which was submitted to BofA about Oct 18 with an Original close date of Oct 25. Extension was requested to Oct 31 according to listing agent. All funds were wired in Oct 26. There is still no final HUD1 approval or extension so escrow (this is California) is just sitting on the money. BofA closer says HAFA not acting so he can't act. Anyone have any ideas to close this???? Seller moved out 2 months ago and property is deteriorating, pool is green (power etc now shut off) and HOA fees mounting.

 

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Replies

  • Catherine Myers November 4, 2011 at 5:46am

    I agree, the twitter group will get you to someone STAT.  But it wouldn't be "HAFA" you're waiting for but the rep at the servicer?  Usually B of A outsources their HAFA deals, and so there must be a rep? i.e. AMS? REDC? Promise? etc... you are representing the buyer, who was the listing agent working with on the approval?

    • John Young > Catherine Myers November 6, 2011 at 4:16am

      Thanks, I forwarded this to the listing agent...Let's see what happens next week!

  • Olga November 3, 2011 at 6:14am

    Tweet BOA help- we had a very similar situation. Twitter people worked magic for us.

    • John Young > Olga November 6, 2011 at 4:35am

      Can you direct message a non follower? ie new to Twitter, whats the best way to tweet BofA help directly?

      • Janie Howard > John Young November 12, 2011 at 1:11pm

        Tweet for help, then they will "follow" you so you can then direct message them with property address and your contact information.  

        • John Young > Janie Howard November 12, 2011 at 1:39pm

          Got a hold of BofA help on Monday, sale closed Wednesday...Help group followed up with e-mail and phone call to let me know what they could (remember, I wasn't the listing agent) You guys are great!! Thanks for the direction!

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