Why Do Sellers Like the New HAFA Program?
* They will avoid foreclosure which will enable them to receive financing quicker for purchasing a replacement home
* Sellers Like the New HAFA Program because the terms are preapproved
* They will not be expected to contribute any funds toward the short sale
* Leinholders cannot subject sellers to a possible deficiency judgment in the future
* Up to $3000 in moving costs allocated to seller
* Insurer of the mortgage cannot collect additional funds from seller
* Foreclosure procedure will be stopped while short sale in process
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