short sale agent: HAFA Certified Short Sale Agent in Colorado Springs
- 03/09/11 09:19 AM
HAFA Certified Short Sale Agent in Colorado Springs Nancy Murray with Murray Knoll Partners of Keller Williams Clients' Choice completed her HAFA Short Sale Certification as well as Equator Certification. The HAFA Short Sale certification is recognized by the banks using the Affordable Modification Alternatives (HAFA) Short Sale, a government sponsored program, to help sellers avoid foreclosure by selling their home as a short sale after they have already attempted to refinance their home through the HAFA program. As a HAFA Certified Short Sale Agent, Nancy will use the Equator system used by many of the larger banks, to process HAFA … (0 comments)
short sale agent: What are the differences between a HAFA short sale and a traditional short sale?
- 01/26/11 03:53 AM
What are the differences between a HAFA short sale and a traditional short sale?The biggest difference is the approval process and time lines. For the HAFA program, the participating lenders have agreed to follow the government mandated times to include pre-approving the seller BEFORE the property is listed with an agent. The lender plays an active roll in evaluating the status of the marketing and pricing of the home during the marketing period, and once an offer is received, the lender must respond within 10 days. If the offer is reasonable, the transaction proceeds to closing. A specified time to close … (6 comments)
short sale agent: How do I qualify for a HAFA Short Sale in Colorado Springs?
- 01/21/11 08:37 AM
How do I qualify for a HAFA Short Sale in Colorado Springs?First of all, your lender needs to be a participating member of the Home Affordable Foreclosure Alternatives (HAFA) Program. The quickest way to find out if they are, is to call them and ask. Another option is to check out the participating members on the HAFA website. If you have an FHA, VA or Ginnie Mae loan, they are not covered by the HAFA program, but that may change in the future. In order to be HAFA eligible, you must meet ALL of these criteria: Homeowner can not qualify for … (0 comments)
HAFA Certified Short Sale Agent in Colorado Springs
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