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The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the US Treasury Department and administered by Fannie Mae assisting all Home Affordable Modification Program (HAMP)-eligible homeowners in avoiding foreclosure, specifically through short sales or deeds-in-lieu of foreclosure.
July 20th, 2009 John Riggins Posted in KAPOLEI REAL ESTATE NEWS, Kapolei real estate, oahu, short sales No Comments »
There are three main qualifications that a seller must have to qualify for a short sale: 1) Financial Hardship, 2) Monthly Shortfall, 3) Insolvency. If you are hoping to qualify for a short sale with your Kapolei real estate keep reading.
For information on short sales on the island of Oahu contact John Riggins today. John Riggins is one of only four Certified Distressed Property Experts (CDPE) in Hawaii and can help you with all of your real estate concerns. If you are looking to purchase a Kapolei short sale call John Riggins today.