Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 14 years ago,
HAFA program from Bank of America
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....