hafa: 1306 Limestone Creek Cv. Swift Creek, Niceville FL - Under Contract
- 06/17/13 05:37 AM
This gorgeous Swift Creek short sale home is now under contract after just 23 days! This Bank of America short sale home at 1306 Limestone Creek Cove, Niceville Florida, was a great price for the Swift Creek neighborhood. It was listed at $358,900 per the HAFA program, which is a special short sale option with suggested guidelines from the U.S. Treasury. Are you eligible for the HAFA short sale program? You might be eligible for HAFA if your lender participates in the Home Affordable Modification Program (HAMP), and your mortgage is not underwritten by Fannie Mae or Freddie Mac or the Veteran's Administration.HAMP offers … (1 comments)
hafa: Considering Florida Short Sale? Bank of America Offering Huge Bonus to Sellers
- 10/04/11 11:04 AM
Have you been sitting on the fence about selling your Destin or Santa Rosa Beach Florida property as a short sale? Now may be the time to act. Bank of America has just announced that Florida sellers may be able to receive $5000 to $20,000 cash incentive at closing for completing a short sale. There are existing Bank of America programs that pay sellers $1500 to $3000, but this move is unprecedented. To qualify, you'll need to initiate your short sale prior to getting a contract on your Destin or Santa Rosa Beach home.Apparently, Bank of America is enhancing its offerings … (6 comments)
hafa: TOP SHORT SALE STORIES OF THE YEAR
- 01/03/10 03:56 AM
It was a hectic year for short sales, but there was some good news, big and little, that brings hope for 2010. Here are my top short sale stories for the past twelve months, some personal, some national. 1. The first story is a Happy Short Sale Saga. One of my Destin Florida sellers regained employment, so did not have to sell the home he and his family desperately loved! I gladly withdrew the property from the market. Specializing in short sales is often more than closing the sale. 2. HAP - The Homeowner Assistance Program (HAP) is a government program … (9 comments)
hafa: What is all the Hullabaloo about HAFA and Short Sales?
- 12/10/09 07:30 AM
As you may have heard on the news, the U.S. Treasury is trying to make short sales, well, shorter! Many homeowners and buyers have been plagued for waiting months for short sale approvals. Realtors are at their wits end. Lenders are overloaded with requests. Waiting five months for a short sale approval is becoming the norm. The new program that is supposed to help is called “Home Affordable Foreclosure Alternatives Program” or “HAFA”.
What Treasury is trying to do is help streamline the short sale process by suggesting guidelines to the participating lenders. That’s “suggestions” and “guidelines”. That does … (15 comments)
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