The housing market crisis has changed the role of real estate professionals. As homeowners turn to HAFA (Home Affordable Foreclosure Alternatives) short sales as a viable option to avoid foreclosures, it is vital to your real estate professional to know and understand short sales.
The Home Refinance Affordable (HARP) program and Harp has been officially continues through 2021. As a Harp Certified specialist I have the knowledge for these programs and any extensions coming our way including any from Fannie Mae and the Freddie Mac. When you become a Certified HAFA Specialist (CHS), you are 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 by completing a short sale rather than allowing your house to go through foreclosure, you avoid eviction and your house will not be sold at a public sale or auction. Plus, depending on your circumstances, you could qualify for financial assistance to help with relocation costs.
North Hollywood, CA
+(833) 449-6999
carlo27@earthlink.net
Awarded to Carlo Bustamante in 2013 for helping homeowners have Los Angeles a desirable place to live.
An REO Broker has been approved by one or more banks to list and sell their REO properties. REO is a term that the bank uses to designate the Real Estate that they now own, as opposed to Real Estate that they have loaned on. REO simply means Real Estate Owned.
When working through their Broker, banks will instruct him/her on how they want their properties handled. Often, they make restrictions on what a buyer must do in order to pursue an offer on one of these properties, i.e., pre-qualification letters, time allotted for inspection and appraisals, where the earnest monies will be deposited, etc.