The Mission of the DeKalb Area Association of REALTORS® is to enhance the ability and opportunity of its members to conduct business successfully and ethically and to promote the public’s right to own, transfer and use real property.

Wednesday, March 10, 2010

Short Sale Incentive Program Begins April 5th

Short sale incentive program begins April 5.

The Obama Administration’s Home Affordable Foreclosure Alternatives Program (HAFA) takes effect April 5. HAFA, will help homeowners who are unable to retain their home under the Home Affordable Modification Program (HAMP), by providing incentives for short sales and deeds-in-lieu of foreclosure rather than foreclosure.

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