Tuesday, August 24, 2010

HAFA Certification

OK. the first official BLOG entry!!! my goal: To find something relevant and write about it, respond to it or video it and post it here.
Well, I took the test tonight and am officially HAFA certified. After the last 2 years of immersing myself in the distressed real estate market, I decided it was time to validate how much I have learned. I must say, I was pleasantly surprised at how promising HAFA is if it ever really does what it says it can do.
I have found the lenders lack of of willingness to remove the deficiency judgment language in the approval letters has gotten in the way of many home sales going thru . The biggest advantage of the HAFA short sale is the relief of potential deficiency judgment. They are not quite meeting the timelines they have set but there is a light at the end of the tunnel. (at least they promise there is)
Thanks for following. Trish