I have a home that is HAFA approved - but no buyer in sight. It is listed at the price required - I was told by BOA to just reduce the home until we find a buyer. Is this true? What if I submit an offer that doesnt meet the NET in the HAFA approval?
Advice please :-)
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Yeah, it is good advice. BOA has been pushing high BPO numbers. Nobody will buy a place like that. The best thing to do is your job of pricing it right and getting a buyer. Then work on getting BOA to accept your buyer. You shouldn't say that the price is bank approved since it won't be. Also keep in mind that HAFA is for 120 days - if you stick with their plan and have a high number, you are just wasting time until getting kicked out of the program.
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