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Short Sale Gov’t Programs

Published February 7, 2011 in Bank America Short Sales - 0 Comments

My First Short Sale

Hi and welcome to our blog. We appreciate you joining us today. We are Group 46:10, Arizona’s short sale specialists. We have received years of experience completing more than 300 short sales and this blog is dedicated to homeowners that are searching for information regarding short sales. Please check out our FAQ section and the other information on our website.

One of the questions that homeowners inquire about revolves around gov’t programs. The HAFA program is one of the programs that homeowners request details about. HAFA stands for Home Affordable Foreclosure Alternatives. It is basically simply a government short sale program. Loan servicers and banks have the option of whether or not they want to partake in HAFA. Many banks simply prefer not to take part.

Here is what we understand about HAFA. The program has been in place for six months at present. Nonetheless, there have just been 340 short sales completed with the HAFA program. So, out of the several hundred thousand short sales that have happened and the million foreclosures that have happened in the past six months, there have just been 340 short sales completed by using the HAFA program!

Basically, what you listen to in the news flash or your local media outlet isn’t the whole story. The gov’t program, HAFA, has not done a lot to help homeowners. You need to contact your local real estate specialist or us to get the whole truth concerning HAFA and short sales. Please feel free to fill out the form on our blog and we can answer any questions you may have regarding gov’t programs or short sales in general. If you are not in Arizona, we can certainly help you find that short sale specialist in your neighborhood. Contact us today. We look forward to talking with you soon.

Short sale FAQs and more.

Get more information on selling your home from Kevin and Fred at My First Short Sale by the Short Sale Specialists of Arizona

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