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Monday, August 2, 2010

How Does HAFA Compare to Traditional Short Sale?

HAFA Compared to Traditional Short Sale:

TIMELINE FOR DECISIONS:
     Traditional Short Sale: when you receive a valid offer
     HAFA: PRIOR to marketing the property/also available upon receipt of a offer

DEFICIENCY PURSUED:
     Traditional Short Sale: investor retains the right
     HAFA:  No

CASH/PROMISSORY NOTE:
     Traditional Short Sale: investors may require

     HAFA: No

RELOCATION ASSISTANCE:
     Traditional Short Sale:  None
     HAFA: $3000



For a FULL list of the breakdown of the differences between HAFA and Traditional Short Sale, call or email me with your request.

I am a Certified CDPE-(Certified Distressed Property Expert)-Call me for a private consultation.

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