Traditional after HAFA? Anyone do it?

[Maryann L.]

I love this business because there is always something I run across that I haven't before.

Just got a call from a homeowner. Mortgage with Saxon and he's IN the HAFA program.

We don't buy HAFA short sales, but he wanted me to potentially buy his house because he is almost at the end of the 120 mark without an offer. (jeez no suprise there)

Has anyone attempted a "traditional" short sale after a HAFA one?

I'm trying to work out the negatives in my head. They aready approved one price reduction which is good, but the BPO was already done.

Homeowner says Realtor would totally be on board.

I'm leaning way more towards NO on this than Yes, but I'd love to hear feedback. :D