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Hi Cami, were you ever able to resolve this matter with CCO? I'm working with Chase as the first and CCO as the second. CCO want's 10% and Chase want's to do HAFA. How did it turn out for you?
Well - for this specific situation, it didn't work out. The seller had to contribute. But for another one I did that was a purchase money loan, they agreed to participate in HAFA because it was the best deal they were going to get. Tenacity is the key!
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