Although short sales are not hassle-free, at least you've got the government backing you. The Home Affordable Foreclosure Alternatives program (HAFA program) provides financial incentives for lenders and borrowers to avoid foreclosure through short sales.
Participation in the HAFA program requires adherence to guidelines—including a standard process and minimum timeframes—that speed the process. The HAFA program is for homeowners who can’t keep their homes with the help of a loan modification.
FOR IMMEDIATE RELEASE
September 27, 2011
Contact: Kristen Snedeker
Ph: 916-455-5225, Ext. 7
Homeownership is still the American dream; however the process of purchasing a home can be costly and complex in today's distressed and dynamic market. Code 3 Realty & Mortgage is going to do our part to alleviate the fears of both prospective home buyers and their agents by education.
Code 3 Realty, an area leader in distressed property sales, management and disposition, in cooperation with local mortgage brokers have partnered to make this workshop a learning experience that is informative and interactive for prospective buyers and their agents.