Julie A. Black, CLHMS, CRS, GRI, Realtor, Broker (KAUAI DREAMS REALTY Kauai Real Property Specialist)

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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I talked to Chase this week and they said they are no longer offering HAFA sales. It is hard to know who to believe. I think Congress is still forgiving the debt (no IRS) and banks are not going after deficiencies.

May 27, 2017 07:45 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I thought HAFA was done, but Sam Shueh  has some thoughts. Wonder what our short sale expert Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents has to say

May 27, 2017 08:43 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 I thought HAFA died on December 31, 2016.

  I read Sam Shueh's link, but I don't see anything about 2017, other than HAFAs that are currently in progress must close by September 30, 2017.

 BTW, the article is from Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents .   Maybe she can clarify.



May 27, 2017 07:04 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I do not think HAFA is still around, i at least have not seen any since last year. Most short sales i have got are raw, meaning i have to do it all. I have hat a couple of Fannie short sales , where fannie would pre approve a price and the seller, bt they are still in process, nothing to report yet good or bad, just slower than a short sale without fannie or freddie. 

May 28, 2017 05:46 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I do not seek to be involved in short sales Julie A. Black If I come across them I refer to agents that do

May 28, 2017 05:24 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Looks like it may be hot or miss depending upon who you talk to at the bank. Not all on the same wave length.

May 28, 2017 05:01 AM
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The program is alive and well.

HOWEVER, our friends at BANK OF AMERICA has perverted the system to divert those dollars to first time home buyers, NOT to help folks stay in their home. How can they do that? Because they are too big to fail.

Attorneys are advertising HAFA specialty here in my region of Florida. There must be tertiary dollars involved shielded from public view.

A short sale after HAFA means the ability to meet obligations, by one who is underemployed, did not exsit. What are the benefits? It really depends on the situation of the owner. That is why a speicalist is advisable. Everyone comes out good.....except the afflicted.

May 28, 2017 04:27 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yes as far as I know but it depends where the note is held. Last person received $9000 which I thought was excessive. In IL, sellers attorney makes sure that is one of the primary reasons for short sale.

May 28, 2017 04:10 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sam has a good answer.


May 27, 2017 10:17 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Haven't done short sales innyears. This is a monor blip in real estate transactions.

May 27, 2017 07:29 PM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Thank you Sam Shueh !! I had no clue.

May 27, 2017 06:34 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

According to this article sellers can get paid $10,000.00 doing a 2017 HAFA short sale.


May 27, 2017 06:31 PM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

Control over the process of losing a home.  It's that simple.  If someone is headed to foreclosure, the ramifications are nearly identical.  Having control over the process of what your home is selling for (so you can minimize the deficiency judgment) or even attempting to get the deficiency waived, is important.  It also gives control to the sellers who know when they will need ot move, vs. getting a notice the auction is in 30 days and they have to be out that day.

HAFA made it easier because there was no negoitation, but banks will still forgive deficiencies.  We are doing them favors by getting homes in default sold before they become inventory to them.

May 28, 2017 11:07 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

HAFA is over. If a file is already in process, meaning the offer has been submitted to the bank and the short sale process started prior to 2017, you need to finish it by September, but no new files are accepted.

There are still government short sales such as Fannie Mae and Freddie Mac, which pay relocation incentives, and a few other banks will also pay. I just closed a short sale with WF and WF gave $3K to the seller.

Jeff Dowler Sam Shueh 

May 28, 2017 08:18 AM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I did so many short sales in the down turn, I hope I don't see another any time soon.  Good luck to you.

May 28, 2017 07:25 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Not the kind of sales I do or have ever done, so I haveno idea.

May 28, 2017 05:20 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't know.

May 28, 2017 05:07 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Julie A. Black - the bank is still forgiving the debt - so why not?

May 27, 2017 11:06 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Check out what Sam Shueh said

May 27, 2017 09:36 PM
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

Hope not, at times it was to easy to just walk away and it hurt many others.

May 27, 2017 08:06 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Looks like Sam Shueh has you covered!

May 27, 2017 06:40 PM
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Didn't see any HAFA short sales out here, just regular ones.

May 29, 2017 09:24 AM
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

HAFA ended in December, 2016 but files in existence prior to that date should be processed.

May 28, 2017 06:58 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I never worked a HAFA and I think it's done. I've worked on over 200 short sales, none were HAFA.

May 28, 2017 02:11 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we don't get involved in short sales....

May 28, 2017 01:16 PM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Q1 - Sometimes

Q2 - Yes

May 28, 2017 09:38 AM
Roy Kelley
Retired - Gaithersburg, MD

Blog about your experience.

May 28, 2017 09:35 AM
Harry F. D'Elia III
Avant Garde Residential Management Services - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Great read

May 28, 2017 09:31 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Great question, have to see what others say!


May 28, 2017 09:12 AM
Kathleen Daniels, Probate & Trust Estate Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

You need to call the lender and ask.  A well qualified accountant would be helpful as well. You can also go to the government pages and determine the status. Always Always Always go to the source for verification/validation of FACTS. 

May 28, 2017 08:13 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

May 28, 2017 07:14 AM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

As Debbie Reynolds wrote. Debt Forgivenenss is also gone. 

May 28, 2017 06:30 AM