From the monthly archives: May 2010

HAFA in Plain English

On May 15, 2010 By

What is HAFA?

The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative announced in November 2009 overseen by the US Treasury Department and administered by Fannie Mae (Fannie) assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure, specifically through short sales (SS) or deeds-in-lieu (DIL) of foreclosure. As of April [...]

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Top 5 Home Buyer Tips for 2010

On May 11, 2010 By

Everyone knows that in the real estate business the good houses sell fast or faster than the less desirable homes. Here are 5 simple tips to follow to help you be the first person or party to buy a good home.

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Home Buying Costs What You Can Expect To Pay

On May 7, 2010 By

Saving funds for a down payment should be part of an overall program to get your finances in order prior to shopping for a home. This includes rounding up financial records, examining your spending habits, and setting a budget you can live with. Remember, too, that the down payment is not the only up-front expense. [...]

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