HAFA And How It’s Impacted the Short Sale Process
August 2, 2010 by admin · Leave a Comment
See My Comments About The Market In Newsday – June 29, 2010 As a consumer of the real estate industry, whether you’re a buyer or a seller, you need to know how HAFA has impacted the short sale process. HAFA is the Home Affordable Foreclosure Alternatives Program. HAFA is a program designed for homeowners who [...]
What’s the Advantage Of A Short Sale Over a Foreclosure?
July 2, 2010 by admin · Leave a Comment
See My Comments About The Market In Newsday – June 29, 2010 If you’re in a situation where you’re faced with foreclosure, you may be wondering what the advantage of a short sale over a foreclosure is exactly. Right Now, lenders and loan servicing companies are cooperating much more with borrowers to get short sales [...]
Long Island Short Sales: Alert On Fraud
April 24, 2010 by admin · Leave a Comment
With the increase in homeowners selling their homes for less than they owe, there is a rising possibility of fraudulent transactions. And this will only be exacerbated by the federal government’s implementation of the Home Affordability Foreclosure Alternatives (HAFA) program. HAFA is a foreclosure prevention aimed at requiring lending institutions that took TARP funds, to [...]
