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

1 comment:

  1. Having worked in development, managed sales teams, and tracked market trends for application to field strategy, I really appreciate the opportunity to gain a view "from the field" with this blog, Trish. Though I've moved into other areas professionally, I continue to monitor the economic recovery through real estate, as it has an obvious correlation to the overall picture. As an interested future investor, I'm anxious to hear how market conditions and locale affect buying trends. You are offering valuable information to both consumers and professionals. Thanks in advance for being the kind of professional who opens her playbook and shares knowledge. You are a credit to the industry.
    --Bryn Eriksen Stotler

    ReplyDelete