Tucson AZ Home Loan Info

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HAFA ~ What Is It, & How Can It Help You?

HAFA ~ What is it, and how can it help you? 

One in seven mortgages in the United States is not being paid.  Yours may be one of them.  If so, you need a REALTOR who understands HAFA.

The Home Affordable Foreclosure Alternative (HAFA) is a government program designed to help homeowners who can't afford their mortgages to get out from under without incurring future liability.

You'll need a REALTOR, since HAFA "aids eligible homeowners by pre-approving short sales before listing and releasing them from future liability for the first mortgage debt."

A special "thank you" to Nancy Keith, new Active Rainer in Knoxville, Tennessee, for publishing the video below.  WELCOME to Active Rain, Nancy!

Here's a quick overview, and a LINK to the website mentioned at the end of this video clip:

 

I'm Mike in Tucson, your preferred Tucson Mortgage Lender.

NMLS #223495

SUNSTREET MORTGAGE llc ~ Correspondent Mortgage Bank
Offices (AZ) Mesa, Tucson, Nogales, and Albuquerque, NM.

Comment balloon 7 commentsMike Jones • August 25 2010 01:16PM

Comments

Mike, the CDPE video does make a great marketing tool for agents. Their materials are top-notch, as is your service!

Posted by Vickie Nagy, Vickie Jean the Palm Springs Condo Queen (Coldwell Banker Residential Real Estate) almost 9 years ago

Mike:

 

Great information for the AR Community. Great Post.

Stephen

Posted by Stephen Sainte-Martin (Realty Direct Boston) almost 9 years ago

Short, interesting video - but I personally appreciated the links.  Great resource.  I'll have to look into that September class.  Thanks Mike

Posted by Cara Marcelle Mancuso, Call a Marana neighbor, I'm THERE! LONG REALTY (Long Realty - Dove Mountain, Marana AZ) almost 9 years ago

Mike, this is great information. We just had a long discussion about this in our sales meeting yesterday. BTW, thank you for the card and disc. Watched it yesterday and want to consider it but not until next month. :)

Posted by Connie Harvey, Realtor - Nashville TN Real Estate (Pilkerton Realtors) almost 9 years ago

Mike

Thanks for sharing the information of HAFA.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) almost 9 years ago

HAFA is a joke.  Only 12% of loans qualify for it...

Posted by Mike Linkenauger, Short Sale Specialist Network almost 9 years ago

Mike,

No sale is a joke, in my humble opinion.  Nothing that the government has done recently has been a winner, but each program that lets someone sell, and someone else buy, is okay by me.  ...especially if I get to do the loan for the buyer.

Lou,

Good to see you.

Connie,

You're welcome!  Glad you liked the card.

Cara,

You instigated this with your question at lunch.  Thanks for commenting.

Stephen,

See you on your blog.

Vickie,

Thanks for being the first to comment.

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) almost 9 years ago

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