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preapproved short sales: What is all the Hullabaloo about HAFA and Short Sales? - 12/10/09 03:30 PM
As you may have heard on the news, the U.S. Treasury is trying to make short sales, well, shorter!  Many homeowners and buyers have been plagued for waiting months for short sale approvals.  Realtors are at their wits end.  Lenders are overloaded with requests.  Waiting five months for a short sale approval is becoming the norm.  The new program that is supposed to help is called “Home Affordable Foreclosure Alternatives Program” or “HAFA”.

What Treasury is trying to do is help streamline the short sale process by suggesting guidelines to the participating lenders.  That’s “suggestions” and “guidelines”.  That does … (15 comments)

 
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Wendy Rulnick "Its Wendy!" Destin FL Short Sales

Destin, FL

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Rulnick Realty, Inc.

Address: 12889 Emerald Coast Pkwy West, Ste. 107-A, Destin, FL, 32550

Office Phone: (877) 487-9639 x 204

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