As a CDPE (Certified Distressed Property Expert) I get lots of questions about short sales – including – what in the world is HAFA? This video breaks it down a bit. Also check out this blog on HAFA’s guidelines here. If you are struggling to pay your mortgage and are seeking foreclosure alternatives, please contact me today for a confidential consultation. Foreclosure is never the best answer and I have experience with obtaining successful short sales for my clients.
Trackbacks
-
-
[…] is the one sponsored by President Obama as a part of Making Home Affordable – and its called HAFA. Short for “Home Affordable Foreclosure Alternatives”, HAFA allows homeowners to […]
[…] proceeds. Because a Seller cannot receive any funds at closing in a short sale (unless it is a HAFA short sale), the Bank gets all sale proceeds except what is paid to the Realtor and what is paid towards taxes […]