HAFA: Pre-Negotiate those San Diego Short Sales!

by Roberta Murphy Carlsbad, CA–I returned a couple of days ago from an intensive CRS gathering in Las Vegas and attended their Foreclosure and Short Sales class, where much discussion centered on the Home Affordable Foreclosure Alternative Program (HAFA) that was instituted last April. The intent of this federal program is for lenders to circumvent

San Diego REO Buyers: Rejoice or Growl?

by Roberta Murphy Carlsbad, CA–I’m not sure whether San Diego REO buyers should be rejoicing or rolling their eyes about Assembly Bill 957. This new California law went into effect October 11, 2009 and prohibits an REO lender from requiring buyers to purchase escrow or title services from any particular company. And an REO lender