Smoother sailing for HAFA short sales
I have had very good luck with the HAFA Short Sale program here in California. It is for Sellers of primary residences only and is a great idea. It’s just a bit of a mess to get it done. BAsically, the governement alllots cash to each Investor for approving a HAFA short sale. The homeowner gets $3,000 relocation fees as well. The problem is that the Investors do this on a Voluntary basis..uh-huh. Guess what? They won’t do it if they aren’t forced to!
Now it appears there will be more incentivising for them. Hopefully, this will encourage the Investors to approve more Short Sales. It’s a great program if you are a Primary homeowner tipping to the point of a Short SAle. Be sure to ask your Short Sale Listing Agent if you may qualify for a HAFA short sale.
HAFA incentives increasing…