Posts Tagged as Buyers

San Diego Real Estate Market Update – Spring 2011

At The Approval Experts we continue to make a conceited effort to inform real estate buyers and sellers in San Diego of the current market conditions. We will discuss our opinion in this article of where we believe the market is headed into the summer of 2011. We are monitoring a number of aspects that effect market conditions and therefore we feel it is imperative to share this information with our clients.

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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.

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