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Hafa is history. Can homeowners receive "relocation funds" from anywhere else?

Posted by sean dougherty on April 24, 2017 at 8:22pm in Short Sale Discussions

I am a preforeclosure investor. In the past one of my main incentives to convince owners to sell to me through short sale was that government funded programs were in place that would give the qualified homeowner upto $10,000 to close before auction date.

I have always used HAFA in the past. Now that HAFA has expired are there any other programs that offer "moving incentive"? Is there a general policy with banks that they may offer some funds to encourage a short sale? Please let me know. Thanks

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HAFA, Moving, funds, shortsale

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Replies

Ben Benita June 7, 2017 at 11:22am

Ask Ask Ask for relocation assistance....always!!!

Remember, EVERYTHING on a short sale is negotiable, including YOUR COMMISSION!!!

Some banks still pay 8% - 10% commission on their short sales, email me and I'll tell you which ones - Ben@ShortSaleShop.net
- Gina Smith > Ben Benita August 2, 2017 at 8:44am
  
  Hi Ben Benita
  
  thanks for sharing I just sent email.
  
  Gina
  - Ben Benita > Gina Smith August 2, 2017 at 9:05am
    
    I got it and just replied!!! Thanks!
- Javier Forbes > Ben Benita July 7, 2017 at 7:13pm
  
  I sent u an email
  - Ben Benita > Javier Forbes July 8, 2017 at 2:08pm
    
    Just sent you an email with the info.
Liesa Gubista May 14, 2017 at 7:24am

They will still qualaify for relocation assistance. Usually anywhere from 3-5k. For short sale or deed in lieu.
Darren Bell April 25, 2017 at 2:50pm

As of right now, Fannie, Freddie and FHA backed loans are giving 3K. Nationstar is giving 3K. SPS will usually give 3% of the net as relocation to the homeowner