CCO and HAFA
Last year, when I started this short sale, I was told that CCO was participating in HAFA ( and they are on the list of participants). I have been negotiating this short sale as a HAFA for 8 months. Now, CCO tells me they don't participate in HAFA and they want 10% of the balance....I have had no luck finding any contacts at CCO, citizens bank or RBS at all to escalate. Anyone have an idea? Not only do I have to tell these sellers that they don't get relocation money, but now they're going to have to pay thousands to get rid of CCO....
Replies to This Discussion
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Permalink Reply by Nancy Milton Holtzscher on
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Cami: Did this issue ever resolve? I am just beginning a CCO/RBS short sale and am curious about what happened in your transaction. Thanks!
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Permalink Reply by Cami Pinsak on
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I finally got them to allow the $6,000 as per HAFA. But, I had to escalate through their legal department.
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Permalink Reply by Bart Bergbom on
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Just starting with CCO. They hold first and second.
I would like to initiate HAFA short sale. Did you get anywhere, find any other contact info?
I was told they will not open case or consider HAFA without purchase offer.
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Permalink Reply by Renae Walker on
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Hi Nancy I am curious as well as we are to be starting with a HAFA short sale as well and have been told the same thing as Bart.
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