My sincere thanks to Clay and Kathie Kime, CDPE, for the reply to my inquiry. I can't wait 'til tuesday, to talk to a supervisor... I love this website... Thanks, REGrow, and all those who share their experiences!
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Comments
Here is an update ... Chase was right... since the investor is Freddie Mac- and Freddie requires you to apply for HAFA before you present an offer. In the meantime, Chase wanted more money for the property, and the buyer withdrew the offer. We are therefore, closing the HAFA application at this time. Question now is, can we re-apply for HAFA? ... Does anyone have any ideas? Thanks...
Thanks, Michael... Great information! I'll keep you all posted with the outcome...
Have a succesful week, you all!
I had posted a link on a different blog for the HAFA Supplemental Directive.
you need to look at page 12 , last paragraph at the bottom of the page, in bold type,
Borrower Relocation Assistance. The only thing that is mentioned is 'successful closing".
When you call them, cite this directive and read it to them. They are required to follow it.
http://homeownership.org/realtor/sd0909r.pdf