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New HAFA Program (Home Affordable Foreclosure Alternatives) Information and Resources

foreclosure help debra kukulski

As I was setting up some showing appointments for one of my buyer clients, I was very excited that of the 4 short sales my buyer was considering, with a little research I found out that 3 of them were from lenders participating in the new HAFA program.  This is great news as they are now covered by the new regulations to make short sales more uniform and hopefully, much shorter of a process! 

One thing to note is that NOT all lenders are participating in HAFA, IT IS VOLUNTARY!  If your loan is FHA, Fannie Mae or Freddie Mac, this new program does not apply to your loan.  But there are still many alternatives to foreclosure, so please contact me if I can help you with some information and resources that could help you. 

The up side is that many of the larger lenders ARE already paricipating, such as Bank of America, JP Morgan Chase, Wells Fargo, Citibank, Wachovia, GMAC....

Bank of America has a new dedicated website for the new HAFA program at (this is big!):

http://homeloanhelp.bankofamerica.com/en/home-affordable-foreclosure.html

I also have The National Association of Realtor's new consumer brochure explaining HAFA that I would be happy to email to you.

Here are some of the basics:

Who is participating in HAFA?  NATIONAL PARTICIPATING SERVICERS

There is not yet an official list of participating servicers. However, servicers that participate in HAFA are also participating in HAMP. For a full list of servicers participating in HAMP, visit Making Home Affordable's Participating Servicers List.

http://www.cdpe.com/hafa/short-sale/supporters

Who is eligable for HAFA?

http://www.cdpe.com/hafa/short-sale/eligibility

How to apply for HAFA:

http://www.cdpe.com/hafa/short-sale/how-to-apply

HAFA FAQ's for homeowners:

http://www.cdpe.com/hafa/short-sale/homeowners

 

Please call me if I can help.   By the way...on the Cerified Distresed Property Expert's web site it says to contact a CDPE.  You already did-me! :-)

CDPE logo

 To Search Homes For Sale, Please Contact Me Directly Or Feel Free To Search On My Website!

 

If I can be of assistance to you, please do not hesitate to call or email me. It will be my pleasure!

By the way, if you know of someone that could benefit from my high level of service, please call or email me with their name and daytime phone number and I will make sure to follow up and take great care of them. My business is over 87% referral and repeat clients and I am so grateful it keeps growing from your loyalty and referrals:-)

My Direct Number at the Office is 847.516.6760

debra kukulski fox river chain of lakes waterfront real estate  homes for sale realtor

 

To Search Homes For Sale, Please Contact Me Directly Or Feel Free To Search On My Website!

 

Search Waterfront and Fox River Front Homes For Sale Here

 

 
 

It is an EXCELLENT TIME TO BUY AND SELL NOW, especially for second home buyers, investors, move up buyers and even first time buyers!

 

 

I hope you find this information useful.  I am only a phone call or email away of you need real estate help:-)

Debra Kukulski Real Estate Consultant

If I can be of assistance to you, please do not hesitate to call or email me.  It will be my pleasure!  

By the way, if you know of someone that could benefit from my high level of service, please call or email

me with their name and daytime phone number and I will make sure to follow up and

take great care of them. 

The majority of my business is referral and repeat clients.  I am so grateful it keeps growing from your loyalty and referrals:-)

I appreciate YOU and your referrals!

 

 

I can be reached at my direct number at the office: 847.516.6760.  I look forward to hearing from you!

 

Information deemed accurate and reliable but not guaranteed. Source MRED MLS.Disclaimer: Information herein may come from various sources, some of which may not be reliable and may change without any notice. Debra Kukulski does not guarantee or is any way responsible for the accuracy of the information in this blog and information provided is without warranties of any kind, either express or implied. Information on this blog represents the opinions and ideas of the author; comments by others may not express the views of the author.  All photos and content may not be duplicated without express written consent of author.
Copyright © 2016 By Debra Kukulski, all rights reserved.

 

Comment balloon 2 commentsDebra Kukulski, Broker Associate • April 13 2010 09:42AM
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