Hi I have an out of state investor that might get HAFA approval. I really don’t know the benefits of a non-owner occupied seller going HAFA. Please help.

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Waiver of deficiency is the only thing I can think of.

OK THanks. Thats a big one. Ill forge forward.

Waiver of deficiency. Higher pay out to 2nd lien holders (easier approval). $3000 incentive to tenant if needed to move out. If its BOA or Chase they may be eligable for the big incentives if initiated prior to an offer.

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