Comments on: HAFA: Great For Banks – What About Consumers? http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/ The real story on the housing market and real estate industry in Chicago and the surrounding suburbs Tue, 10 Jan 2012 21:17:11 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: irvine short sale agent http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/comment-page-1/#comment-4579 irvine short sale agent Mon, 10 Oct 2011 06:23:12 +0000 http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/#comment-4579 <strong>irvine short sale agent...</strong> [...]Fannie Mae And Freddie Mac's new HAFA program[...]... irvine short sale agent…

[...]Fannie Mae And Freddie Mac’s new HAFA program[...]…

]]> By: Mark Kronschnabel http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/comment-page-1/#comment-876 Mark Kronschnabel Thu, 22 Jul 2010 02:28:04 +0000 http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/#comment-876 This article hits the nail on the head. I have been a realtor in Las Vegas for over 20 years. When it comes to this HAFA stuff I feel like a brand new agent. I understand the essential criteria (ie: owner occupied, 31% or more of income) but I'm still not 100% sure how my sellers initiate the HAFA application. The banks have been fairly receptive, although slow, about approving the short sales. I haven't had any approved through HAFA, however, and I'm not even 100% sure if the short sales were even considered for HAFA. It is so much easier to simply put the house on the market, get a strong offer and send everything in for the short sale approval. This article hits the nail on the head. I have been a realtor in Las Vegas for over 20 years. When it comes to this HAFA stuff I feel like a brand new agent. I understand the essential criteria (ie: owner occupied, 31% or more of income) but I’m still not 100% sure how my sellers initiate the HAFA application. The banks have been fairly receptive, although slow, about approving the short sales. I haven’t had any approved through HAFA, however, and I’m not even 100% sure if the short sales were even considered for HAFA. It is so much easier to simply put the house on the market, get a strong offer and send everything in for the short sale approval.

]]> By: Randy Whiting http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/comment-page-1/#comment-845 Randy Whiting Thu, 08 Jul 2010 21:36:57 +0000 http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/#comment-845 Couldn't agree more. Until this becomes a required program (or something resembling it does) and there is a governing body to oversee compliance, we are being sold a smoke screen. Couldn’t agree more. Until this becomes a required program (or something resembling it does) and there is a governing body to oversee compliance, we are being sold a smoke screen.

]]> By: San Diego Foreclosures http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/comment-page-1/#comment-827 San Diego Foreclosures Fri, 02 Jul 2010 20:47:33 +0000 http://blog.lucidrealty.com/2010/06/14/hafa-great-for-banks-what-about-consumers/#comment-827 Millions of americans losing their homes and the HAFA program is the answer to it? I don't know about that. It is good and will help many people but we need more. Millions of americans losing their homes and the HAFA program is the answer to it? I don’t know about that. It is good and will help many people but we need more.

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