Register online at:
http://www.assetplanusa.com/events/event.asp?id=143
HAFA Short Sales continue to grow. Become a Certified HAFA Specialist!
The housing market crisis has changed the role of real estate professionals. As homeowners turn to HAFA short sales as a viable option to avoid foreclosures, it is vital to your real estate business to know and understand short sales.
And now that the Home Affordable Foreclosure Alternatives (HAFA) program has been officially extended until December 31, 2013, it is a great time to become a Certified HAFA Specialist!
As a real estate professional, it is important to learn HAFA short sales because they are the only standardized short sale program adopted by multiple national lenders and servicers including Fannie Mae and the Freddie Mac.
When you become a Certified HAFA Specialist, you become a trusted resource in your community. Provide homeowners with the expertise, knowledge, and guidance they’re looking for to avoid foreclosure and understand their options.
As homeowners face the possibility of losing their homes, give them the confidence they have the most qualified consultant to handle their distressed property: you!
What you’ll learn
This training program provides real estate professionals with the knowledge and tools they need to master the HAFA short sale program.
- Learn what HAFA is and who it affects
- Learn HAFA eligibility criteria
- Learn the updated guidelines effective June 1, 2012, expanded to include eligibility to a larger population of homeowners, including:
- Making Home Affordable Programs extended to December 31, 2013
- Now includes rental properties for HAMP and HAFA
- Updated forms
- Increase in gross proceeds available for ‘subordinate mortgage lien’ payment
- ‘Subordinate non-mortgage lien’ payment
- Tenant incentives
- Credit bureau reporting update
- Understand how HAFA works with the Home Affordable Modification Program (HAMP)
- Learn how investors and the HAFA transaction work
- Understand the responsibilities of Sellers (Distressed Borrowers), Real Estate Professionals, and Servicers under HAFA
- Learn how to target HAFA short sales through a simplified eligibility evaluation
- Understand how to convert currently listed or submitted short sales to HAFA transactions
Why you’ll benefit
- Learn From An Expert: Receive quality instruction from a leading HAFA advocate who understands the mortgage industry.
- Grow Your Business: When you become a more effective short sale consultant, you gain valuable clients, maintain lifelong relationships, and receive referrals.
- Become a Trusted Resource in Your Community: Educate consumers and distressed homeowners about their options
- Protect Your Commission: HAFA can help you make more money as your commission is protected.
- Get Found by Distressed Homeowners: Once you complete the training and pass the test, you will be included in the Nationwide Consumer Certified HAFA Specialist Search Tool
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