HAFA short sales move faster than regular short sales, prevent the lender from pursuing any deficiency judgement against the seller and pay the seller $3,000 at close of escrow, so be sure to ask about this program when you call (see below).
Remember, you only get one shot at a short sale. If your agent is inexperienced, disorganized or simply drops the ball, your chances of doing a successful short sale are ruined.
For more information, and a FREE, no obligation, over-the-phone or personal consultation about your unique situation, call me at (858) 535-0000
The HAFA (Home Affordable Foreclosure Assistance) initially announced on May 14, 2009, with guidance and standard forms issued on November 30, 2009. This program enables a borrower the ability to avoid a foreclosure by completing a short sale under HAFA.