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Has a home that was once a blessing now become a financial burden?

Considering Short Sales by Carla L. Davis In today's economic climate, many families are finding themselves in dire straights. The home that was once a blessing has now become a financial burden. In an attempt to avoid foreclosure, which can reap

Home Affordable Foreclosure Alternatives Makes Short Sales Easier

By Michele Lerner , Bankrate.com Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government's Home Affordable Foreclosure Alternatives, or HAFA, program. Up to now, many short sales -- in which

Details of HAFA

Home Affordable Foreclosure Alternatives (HAFA) was introduced to simplify and streamline the short sale process. HAFA accomplishes this in the following ways: Compliments the Home Affordable Modification Program (HAMP) by providing viable alternatives

What is HAFA?

The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative led by the US Treasury Department assisting all Home Affordable Modification Program (HAMP)-eligible homeowners in avoiding foreclosure, specifically through