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Updated over 14 years ago,

User Stats

287
Posts
51
Votes
Lafi S.
  • Real Estate Agent
  • North Jersey, NJ
51
Votes |
287
Posts

HAFA program from Bank of America

Lafi S.
  • Real Estate Agent
  • North Jersey, NJ
Posted

It seems one of my files is nearing approval with BofA. I just received an email from the negotiator stating that their vendor sent out paperwork for the homeowner to sign up for the HAFA program if he chooses to do so. Does anyone know how this will affect my flip? Should I advise the homeowner to agree to the HAFA program or call in and request not to be a part of it?

Any advice would be appreciated. I am ready to close this and there is a great spread even with the 30 day hold but I am not sure how him signing up for HAFA will affect me....

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