Has anyone had any luck getting HAFA to reduce their approval price?

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My seller was just approved but they want $10k over comps on an inexpensive condo.
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September 25 2011 - Canyon Country
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Best Answer
Ask the negotiator what the MANP (Minimun Acceptable Net Proceeds) number is. It may be lower than the approval price 15 to 25% lower. Send comps do a CMA to suport the value. Give them a report on the showings to let them know what the feed back has been and how often the property has been shown. Good luck
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September 25 2011
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Chase had me send in a formal BPO Dispute with a cma and they accepted the new value.
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October 14 2011
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Thank you
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September 26 2011
 

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Related Questions
Profile picture for Vito Scattaglia
QuestionHas anyone had any luck getting HAFA to reduce their approval price?
  • Latest answer by Vito Scattaglia
  • October 14 2011
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