Real estate blog entries tagged with home affordable foreclosure alternative program by Realty One Group

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Home : Blogs : Mike Sikorski MBA GRI CRS : Mike's Blog : Tag "home affordable foreclosure alternative program"

home affordable foreclosure alternative program: HAFA Fails before it has even begun - 05/05/10 03:41 PM

The new federal guidelines designed to speed up the short sale process, otherwise known as the Home Affordable Foreclosure Alternatives program, will likely pressure banks and mortgage lenders to provide the one-answer homeowners and their real estate professionals do not want to hear: NO!
Pressuring banks, credit unions, and mortgage lenders into a timeline of 10 days to process a short sale is completely unrealistic, especially since the federal government has failed to address the root causes of the lengthy delays of the short sale process in the first place.
Most of the delays in getting short sales approved are largely … (0 comments)

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Mike Sikorski MBA GRI CRS

Port Charlotte, FL

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