Understanding the HAFA Short Sale

The HAFA short sale program, effective from April 5, 2010, through December 31, 2012, has been touted as the answer to every short sale agent's nightmare. HAFA promises short sale approval within 10 days and gives the seller up to $3,000 in cash at closing. Since HAFA is a government-sponsored program, it's a lot more complicated than that.

What is HAFA
Does Your Lender Participate in HAMP
Eligibility Requirements for HAFA Short Sales
Benefits to a HAFA Short Sale

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