The HAFA program which went into effect in 2010 has now been revamped for 2011 and the benefits are fantastic!  HAFA stands for Home Affordable Foreclosure Alternative and it is a government sponsored program for homeowners attempting to short sale their home.

The HAFA program in it's infancy stage in 2010 was like most other new government programs, a bit of a mess in the beginning but with promising ideas.  With the new changes that have gone into effect February 1, 2011 the HAFA program is now the #1 program for those interested in short selling their homes.

HAFA will pay homeowners up to $3000 for relocation costs upon short selling their home.  Yes, that's $3000.00!   Also, the program forces the lenders to waive all deficiency rights, meaning that they cannot pursue you for anything after the sale!  So if you owe $300,000 on your mortgage and we short sell it for $200,000 under the HAFA program your lender will write-off the $100,000 that you owe them and won't come after you for a dime!

The HAFA program is changing the short sale world and making selling your underwater real estate much easier, faster, and now with benefits to you!

HAFA is a great program but it won't last forever -- if you want to see if you qualify for the HAFA short sale program call one of our HAFA short sale experts now at (480) 241-4406 or complete our form below and we'll get right back to you!