I need to know about the $1500 moving expense for the seller. Is it in effect now or will that come in effect on April 5th with the new guidelines? Can someone enlight me?

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We are trying to get it for home owners NOW as some lenders are already fully participating in the HAFA program. Wachovia actually gives 2,500-5,000 back to the home owner, and pretty much all FHA short sales will give some $$$ to the seller as well.

Best bet is to throw it on the HUD when submitting a short sale package and see what happens, it will be after April 5th before most are approving any new offers anyway. Its also just potential negotiating $$$ as well.
Okay, Thank you Mike.Thats helps me a lot
since HAFA guidelines will only affect about 10% of short sales, it could be a long shot. Like Mike said, put it on the HUD and try to hold your ground.



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