Forum

I have a transaction with Chase as the 1st lien holder with a Chase HELOC. My clients rejected the offer of a HAFA short sale initially because of the restrictive nature of the listing/pricing. We went on market as a traditional SS have an offer and delivered ss package to Chase after 90 days market time. 2 BPO's were done. 

Chase is coming back requesting an ALT RASS for HAFA consideration. Does anyone know what happens if they were to accept the offer and this transaction were to fall apart?  Would we be bound by the 120 days of HAFA marketing time to get another sale?