Category : short sale

HAFA – Short Sale and Loan Modifications that Work

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We’ve all heard the stories of the family who negotiated with the bank for months on a short sale and the bank makes the buyer and the home owner jump over hundreds of hoops. I was personally involved in one of these about 2 years ago with a Galleria highrise unit that I wanted to […]

Short Sales and the Home Affordable Foreclosure Alternatives (HAFA)

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Below is a brief write-up on the Home Affordable Foreclosure Alternatives Program offered by the US Treasury through mortgage services still under their control by way of receiving TARP or other bailout funds. Home Affordable Foreclosure Alternatives Program (HAFA) A list of servicers (lenders) participating in HAMP (including HAFA) is available at: Key HAFA […]