I had a transaction where the seller was getting $10,000+ thru the HIN Program. The deal fell apart because of the buyer's financials. We submitted another offer and I requested the same amount of money for relocation, and was told that the HIN program was a "one-shot" deal and that the seller would not get this money now. Is this true? Does anyone have any information about this? It's a BOA loan.
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Unfortunately, no longer in the marketing period. So I guess we're starting all over again and now he doesn't get anything. If the condo association didn't have such high delinquency rates, we wouldn't have a problem selling it. I am still going to try to get something!! :>)
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