Comments on: Home Affordable Foreclosure Alternatives Program (“HAFA”)

By: admin

admin — Sat, 31 Jul 2010 11:14:05 +0000

I works about a poorly as the old program. Lenders are disorganized and modifications are rarely approved.

By: Hilton Head Real Estate

Hilton Head Real Estate — Thu, 15 Jul 2010 20:53:06 +0000

Russ,

We’re dealing with the HAFA program here in the Hilton Head Real Estate market….what has your experience been so far with the program?

By: Cindy Small

Cindy Small — Thu, 17 Jun 2010 20:35:01 +0000

Excellent post,thank you for some great information!

By: sts

sts — Thu, 10 Jun 2010 14:23:47 +0000

Great info, thanks for useful article. I’m waiting for more

By: Foreclosure: Should You Embrace It?

Foreclosure: Should You Embrace It? — Tue, 01 Jun 2010 21:13:42 +0000

[...] than slow financial suicide. And sometimes it’s just not possible. Perhaps HAMP (“Home Affordable Modification Program“) won’t work for you, or maybe you have an investment property, like a lot in a [...]

By: HAFA Guidelines

HAFA Guidelines — Wed, 21 Apr 2010 18:42:37 +0000

[...] more from Russ DeMott on this subject at his site Charleston Real Estate Blog. Posted in Short Sale Cancel [...]

By: admin

admin — Sun, 21 Mar 2010 22:10:14 +0000

I am not aware of the program applying to investment properties, but that doesn’t mean you can’t attempt some sort of modification on the investment properties. You should consult a lawyer in your area for this.

By: Eric Klingel

Eric Klingel — Thu, 18 Mar 2010 19:32:33 +0000

What if your loan is on an investment property. It meets all the criteria except the first one. Are the banks going to honor this. Bank of America and Wells fargo are the 2 banks I have loans with. I have 4 properties that are seriously underwater and are now in default.
Thanks

Eric