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  Angel Quinonez July 31, 2012 at 6:43am

  Tracey,

  Communication will be your best way to know, get someone on the phone and make them aware. Stay pro-active on this one, follow up and follow through. 

  Regards, 

  Angel 
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  Tracey Saizan July 31, 2012 at 6:34am

  Thanks for your advice an help regarding my CAL HFA short sale.  Do you know if we ask for a postponement of the Trustee Sale date, if they will honor that once we send the offer in? We have sent the offer and all of the financials as of yesterday.

  Blessings,

  Tracey
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  Angel Quinonez July 31, 2012 at 5:59am

  Looks like you have some work to do, The Cal HFA is not your ordinary lender due to the fact that funds are through a state bond program supported by Tax payers. You will need to make sure you have a good offer on hand at FMV, the HFA counselor will also need to determine if the package is complete and the buyer qualifies. The investor for the bond will need to approve the short sale amount due to the use of public funds.
  Since you are running tight on time you will need to build your relationship with the counselor immediately and verify that your package is complete to detail and begin moving it. A solid package, documentation and Fair Market Value price will be your best ally.
  
  Hope it helps.