government short sale: How To Qualify For HAFA Short Sale
- 12/15/10 07:23 AM
How To Qualify For HAFA Short SaleFirst let's start by defining exactly what HAFA is: The government's Home Affordable Foreclosure Alternatives program, or HAFA as it is commonly known may provide you with some relief. There are some hoops to jump through but working with an agent that understands the details and the process will ensure that you have an optimal chance for success. (There are 43 pages of guidelines associated with this program so please choose your real estate agent wisely!) Click Here For: HAFA Information Center The Three Main Benefits to you, the homeowner, are: (1. A formal timeframe to … (52 comments)
government short sale: HAFA - Home Affordable Foreclosure Alternatives NOT Available for Fannie Mae & Freddie Mac Loans
- 04/14/10 11:24 AM
As servicers begin to implement the HAFA (Home Affordable Foreclosure Alternatives) program reliable information regarding the program is vital. I have always found it useful to approach things in a "step-by-step" fashion and I believe this approach certainly has merit when applied to HAFA and how it relates to short sales. The first thing homeowners considering a HAFA short sale should know: 1. If your loan is owned by Fannie Mae or Freddie Mac then you are NOT eligible for HAFA. This does not mean you will not be able to achieve a successful short sale. Simply put... successful short sale … (1 comments)
How To Qualify For HAFA Short SaleFirst let's start by defining exactly what HAFA is:
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