West Sacramento Certified HAFA Specialist Answers HAFA Questions

Certified HAFA Specialist Designation
Certified HAFA Specialists Are Trained To Close Your HAFA Short Sale in West Sacramento
Certified HAFA Specialist Forth Hoyt Explains HAFA Benefits
Certified HAFA Specialist Specializing in West Sacramento

What are the HAFA Benefits? Can I Do A HAFA Short Sale?

West Sacramento has become a Short Sale Hotbed… HAFA is making Short Sales Easier!

West Sacramento HAFA Certified Short Sale Specialist and Expert HAFA Short Sale Negotiator Forth Hoyt Explains The Benefits Of HAFA.

A moving, evolving and improving system; HAFA is definitely getting better and better, moving towards becoming the solution it was supposed to be when it was first rolled out.

You see, the HAFA Government Short Sale Program was created in the wake of a Failing HAMP loan modification program that is only providing less than 50% of its applicants with any type of successful modification.

…and of those 40ish% of homeowners that are successful, less than 3% receive any type of principle reduction to their loan -so less than 1 in 100 loan modification applicants get what they need as far as a long term, sustainable solution…

So you can see why the government had to step in and attempt to set up a program that would streamline and systematize the very hard to manage and difficult Short Sale Process.

HAFA is a last-ditch effort to keep homeowners out of foreclosure, after failing a loan modification attempt.

Designed by the Administration and funded by the Treasury, The HAFA Program, which took effect April 5, 2010, provides servicer, seller and Investor( whoever actually owns the note) benefits

When HAFA was first introduced, these servicer, seller and lien holder incentives were touted as being designed to simplify and streamline the use of short sales and deeds-in-lieu of foreclosure. A great deal of hoopla and fanfare over the new program made it sound like the HAFA program was going to be the short sale Garden of Eden.

What a joke-

I personally was talking sellers out of using HAFA because I had several terrible experiences with the program and thought it was not only a waste of time, but nearly guaranteed that the homeowners wold end up with a foreclosure on their credit-

However, in the last several months there have been major changes to the HAFA program and the way it is being administered and currently I have three HAFA short sales that are moving along nicely and look forward to an approved HAFA short sale in just a few days.

What in the World Is HAFA?

What do I need to do to be considered for HAFA? How do I find out if I can do HAFA?
Contact you bank(‘s) or servicer(‘s) immediately and ask if you qualify and/or if your investor(‘s) is/are participating in HAFA.They will tell you that homeowners must be evaluated for HAFA within 30 calendar days of the following:

What Other Government Programs Do You Qualify For? CHECK YOUR ELIGIBILITY NOW!

Are you in,West Sacramento, Folsom, Granite Bay, El Dorado Hills, Natomas, Roseville, Elk Grove, Mather, Lincoln, Rocklin, or any other Sacramento area? We really are here to help!

More Questions About your Situation? Talk To A Certified West Sacramento Foreclosure Prevention Expert and HAFA Specialist Today!

Contact us Today At Forth Hoyt’s Sacramento Short Sale Center

Or Find if you qualify for your 1st or 2nd Lien Modification Program (2MP) harp


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