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Why are Northeast OH Ohio short sale sellers not choosing HAFA?

Well it seems that the HAFA short sale is not all it has cracked up to for sellers in Northeast OH and other areas in North Eastern Ohio.  Here are a few reasons that many people are opting out of HAFA.

The #1 one reason people are opting out of HAFA is that they have to start making payments typically at 30 percent of what they are earning.  For those that don’t make any money at all this is not a problem.  Many others simply aren’t interested because of the additional burden of paperwork that is required and the long way to be even be considered for a HAFA short sale.

Yes, the HAFA program from the Treasury Department was something that was presented as a miracle solution to our foreclosure crisis.  We thought it was going to streamline the short sale process and give both sellers and servicers new incentives to do short sales.  All it has ended up doing is mucking up the system even more.  It also includes all sorts of guidelines for turning down short sales.

So if you are thinking HAFA make sure you call Andy Morris and get the whole scoop.  It may be exactly what you need and you may actually qualify.  But maybe not.  I will look forward to talking to you.


Andy Morris is an Ohio real estate broker with an expertise in selling homes on a short sale. If your Ohio home is heading towards foreclosure or you owe more than your property is worth, please call Andy at 888-4-STOP-IT to see if you qualify for a short sale with your lender. Are you not in the North Eastern Ohio area? His team can negotiate short sales across the United States.

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