Archive for » December 29th, 2009«

HAFA – The new government incentive for short sales

by Michael-Edward Cruz, California Real Estate Broker. Have you heard? The government is trying to motivate lenders to avoid foreclosure. According to statistics the sister program HAMP has been able to help about 9% of homeowners in trouble. Yes I said 9%, I think the average Realtor has been able to short sale about 20% without the extra help. We have been able to close about 95% of our short sales because we understand the process. And in my case 95% was never a number I thought was even possible. It took hard work and perseverance but I made it. I believe short sales have been an [ ... ]