Yes! The Federal Government has come up with guidelines that are designed to make short sales shorter! The new Home Affordable Foreclosure Alternatives Program (HAFA), which officially launches in April of 2010, provides financial incentives to lenders to make the short sale process easier. For example, under HAFA, lenders are being asked to provide pre-approved short sale terms prior to listing and an approval letter 10 days from the date the offer is received. This program will take all those frustrating delays out of the short sale process.
For additional information or to receive a copy of EWM Title’s Short Sale Starter Kit, please contact Marisa Pia Capua of EWM Title at 305.960.3067.
Authored by Marisa Pia Capua | Print This Post | Please Leave A Comment » »
