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HAFA Short Sale Program – Home Affordable Foreclosure Alternatives

Orlando Short Sale Experts

On April 5, 2010 a new program will go into effect that will change the way short sales have been stigmatized and processed for the past several years. Under the US Treasury’s new HAFA plan (Home Affordable Foreclosure Alternatives) short sales will be more streamlined, less stressful and offer more to the seller in terms […]

Should you short sale your home? Strategic Defaults 101

Should I Short Sell my home? Strategic Default

What are “strategic defaults” and why are more and more people considering this option? A strategic default occurs when a homeowner who can afford to make their monthly payment chooses to stop paying and short sale their home because they feel it is a bad investment. With over 5 million homes now “upside down” it […]