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How To Qualify For HAFA Short Sale
If you are a seller and are not sure about how loan modifications work or if you qualify to receive money if you sell your house short (short sale) through the government programs. This is an excellent article to read.  Feel free to contact me if you have any questions!
How To Qualify For HAFA Short Sale
First 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: (With respect to a Short Sale)
1. A formal timeframe to market and sell your home during which a foreclosure sale cannot occur. This, in my mind, is the main benefit.  It will take much of the uncertainty and fear of foreclosure away from homeowners that are financially distressed and make it very probable that ... more

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