Tag Archives: Short Sale

New Short Sale Legislation To Help Distressed Homeowners

Posted by John Plepel in News | Tagged , , , , , , | Leave a comment

New legislation went into effect last week to help homeowners that are “upside down” with their mortgage avoid foreclosure. The Home Affordable Foreclosure Alternatives Program (a.k.a HAFA) gives participating banks specific guidelines, including timelines, for processing “short sale” transactions. Continue reading