Tuesday, July 19, 2011

HAFA Short Sale | Does That Mean I Only Make It Half Way?

In Georgia, when you hear "HAFA", it could mean a number of things. But it's not a new way to say you're only getting a portion of something, it's an acronym for Home Affordable Foreclosure Alternatives. This program is allowing some homeowners to short sale their homes and move on with some dignity....and a little money in their pockets.

How does HAFA work? There's lots of criteria for this program and you can read all about it at http://www.stevesellsgwinnett.com/atj/user/AdditionalGetAction.do?pageId=329491. The benefits are cash in hand when you close and total forgiveness of the deficiency which means the mortgage company can't come after you later on. Of course you have to meet certain requirements to qualify and the link above will explain those requirements.

Here is a summary of the requirements....


So if you think you might qualify or just have more questions, give me a call or email me. I'd be happy to help!

http://www.stevesellsgwinnett.com/
Steve Rider, CDPE Realtor with Keller Williams Lanier Partners in Braselton Georgia. Covering Barrow, Jackson, Gwinnett and Hall Counties in Northeast Georgia. If you're looking to purchase or sell a home in this area please contact me at 404 663 7063 or steverider1@gmail.com.

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