Featured

Strategic Default

If you’ve just received an email from your bank stating your automatic payment for your mortgage has been deducted from your account then you are probably like a lot of others Americans. The idea of having the bank automatically deduct that money is seamless, yet in this market so complex.

Continue

HAFA – Home Affordable Foreclosure Alternative

What is HAFA:

HAFA is newly instated government-subsidized plan to give homeowners additional alternatives. HAFA, which stands for Home Affordable Foreclosure Alternatives, is a program designed for distressed homeowners who would like to sell their homes and avoid a foreclosure. This is program is for homeowners who owe more on their mortgage than the actual value of the home. What HAFA does is allow a participating lender to pre-approve the terms of the short sale and give the borrower at least 4 months to market and sell the property under a licensed real estate professional.

Continue

Home | Buyers | Blog | Approval Experts Newsletter | Contact Us | FAQ | Blog