Home Affordable Foreclosure Alternatives Program (HAFA)

February 22, 2010
tony hunthausen Hafa information

The Obama adminstraton’s HAFA Program provides additional tools to help struggling homeowners who aren’t able to keep up with their mortgages. This is basically a short sale program where the lender and the borrower are incentivised to cooperate with the process.
The Treasury’s HAFA Program is set to begin on April 5, 2010 under the following [...]

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More on Loan Modification vs Short Sale

tony hunthausen huntington beach real estate February 17, 2010

As we talk to more and more homeowners who are in distressed situations with their home loans, an issue that often comes up is the concern and worry that many have regarding their good credit rating. They have worked hard to attain it and don’t want to lose it. As a result they have struggled [...]

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Short Sale or Loan Modification?

huntington beach real estate tony hunthausen short sale loan modifications February 15, 2010

It is very apparent as we visit with more and more distressed homeowners here in the Huntington Beach and Los Angeles/Orange County area, that most do not have a clear idea of what their options are. Those options vary depending on what the homeowners goal is with regard to keeping their home.
In one case, for [...]

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Buying a Home, When You Need to Sell First.

buying and selling a home February 8, 2010

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When you are in a situation where you need to sell your home before buying, it is important to talk to a REALTOR to discuss your options. Oftentimes in a low inventory market (like we are experiences now) you need to have your home in escrow or sold before a seller will consider you a [...]

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