Seller got served with foreclosure notice, assumed that he needs to move. He moved 40 miles to a relative's house. In the meantime leased the house that's in foreclosure on month to month for survival money.
Does anyone know if this affects his HAFA eligibility? It's a FNMA loan.
The seller can move back if he needs to.
HAFA has a rule about relocating at least 100 miles for work purposes.
Any illumination will be appreciated. There just aren't enough case studies to go on yet.
Thanks
Dave Halpern
Louisville
(502) 664-7827
Tags:
Did he also move for job purposes? If not, why not ask him to move back?
Kevin M. Lancaster - Willson - Realtor, SFR
SC License # 31391
Keller Williams Realty
700 Airport Rd.
Greenville, SC 29607
Office: (864) 234-7500
Voice: (864) 485-9283 call or text
Fax: (864) 968-1779
[email protected]
www.KevinSellsTheUpstate.com
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