Dear Clients,Here are a few links to learn more about the Home Affordable Foreclosure Alternatives (HAFA) program.  HAFA usually involves a short sale which means the property is sold for less that the total indebtedness on the property.   Besides streamlining the process it does release the successful HAFA borrower from future liability for the debt. Also under the program, homeowners can receive $3,000 to help with relocation costs.

Before choosing HAFA many homeowners consider the Housing Affordable Modification Program (HAMP) if they are able and want to keep the property.

See these link for authoritative and exhaustive information:

HAFA FAQ for Homeowners:
http://makinghomeaffordable.gov/hafa.html

HAFA FAQ for Servicers:
https://www.efanniemae.com/sf/servicing/hafa/

I’ve done many short sales and look forward to help you with yours.

Ron Mazier
Louisiana Real Estate Broker
504-650-1523 Cell
www.RonMazier.com
www.Facebook.com/RonMazier

Mazier Realty, LLC
www.MazierRealty.com
New Orleans, LA USA

*Does a friend need to buy or selling real estate? Call Ron at 504-309-1700.