858-345-3825Unfortunately HAFA, the federally subsidized program that helps individuals avoid foreclosure, didn’t include federal loans to the equation. HAFA along with Fannie Mae and Freddie Mac have finally found a mutual understanding and it looks as though HAFA will now assist those with Fannie and Freddie loans starting August 1, 2010.
Posts Tagged as Financial Assistance Programs
HAFA Eligibility
Approval Expert Monday, June 14th, 2010 No Comments
Posted in Blog, Featured
Tags: Agent, Banks, buy, Carlsbad, Del Mar, Encinitas, Financial Assistance Programs, Foreclosure, HAFA, HAFA Eligibility, HAMP, HAMP Eligibility, Home, La Jolla, Loan Modification, Making Home Affordable, Move to San Diego, Rancho Santa Fe, San Elijo Hills, San Marcos, sell, Short Sale, Short Sales, strategic default
HAFA – Home Affordable Foreclosure Alternative
Approval Expert Friday, April 9th, 2010 1 Comment
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.
Posted in Blog, Featured
Tags: Agent, Banks, buy, Buyer, Buyers, Carlsbad, Del Mar, Encinitas, Financial Assistance Programs, HAFA, HAMP, La Jolla, Loan Modification, Move to San Diego, Rancho Santa Fe, Real Estate, Realtor, Relocate, San Elijo Hills, San Marcos, sell, Short Sale, Short Sales, strategic default