This is my first time doing a HAFA short sale. Can I put the property on the market prior to approval from BOA?
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This is my first time doing a HAFA short sale. Can I put the property on the market prior to approval from BOA?
You need to be a member of Short Sale Superstars to add comments!
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Eric made a great point. B of A participates but the underlying investor may not participate in HAFA or feel that the buyer qualifies. I would go ahead and list 1st. If they send you to AMS they'll give you the price but if they send you to REDC or just BAC they can still do hafa and they'll take an offer and go from there.
Yes! If you wait for BOFA to approve in advance, you might be waiting two months. The seller can still do HAFA if you list it first. They can apply now or apply with the contract submission.