Realtor Resources for Short Sales, HAFA, Alternatives to Foreclosure

Update on Best Practices for Multiple Offers on Short Sales

UPDATED MARCH 31, 2010

Here are important downloads, resource sites and aticles concerning short sales, HAFA/HAMP, and alternatives to foreclosures.

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HAMP/HAFA

Making Home Affordable http://www.makinghomeaffordable.gov/
Home Affordable Admin Site for Servicers https://www.hmpadmin.com/portal/index.html

Making Home Affordable – HAFA page with latest Program Guidelines; Borrowers Documents
https://www.hmpadmin.com/portal/programs/foreclosure_alternatives.html

From Realtor.org:

Resources for Short Sales

Realtor.org Short Sales: The Basics - http://www.realtor.org/realtors/basics_short_sales
Realtor.org - Short Sales Tools, Tips - http://www.realtor.org/realtors/short_sales_tips_tools
GLVAR Short Sale/Foreclosure Resource Guide http://www.lasvegasrealtor.com/reo/ GLVAR has compiled a resource guide of informational articles dealing with short sales, foreclosures and REO transactions. Covering tips on the short sale and REO market, representation, taxes, disclosure.

Download FTCFactsforConsumers Clearly defines all alternatives to foreclosure - from FTC
Hope Now Homeowner Options
https://www.hopenow.com/homeowner-options.php -

RentalForeclosure.com http://www.rentalforeclosure.com/ Tenants can find out if a property is in Foreclosure – NOD file
Freddie Mac – Working with Your Lender to Avoid Foreclosure
http://www.freddiemac.com/avoidforeclosure/stop_foreclosure.html
Hope Now – https://www.hopenow.com/ http://www.housinghelpnow.org/ an alliance between counselors, mortgage companies, investors, and other mortgage market participants. This alliance will maximize outreach efforts to homeowners in distress to help them stay in their homes and will create a unified, coordinated plan to reach and help as many homeowners as possible
Housing Help Now- http://www.housinghelpnow.org/ National Foundation for Credit Counseling
Home Foreclosure and Debt Cancellation – (IRS.gov)
http://www.irs.gov/newsroom/article/0,,id=174034,00.html
The Mortgage Forgiveness Debt Relief Act of 2007
http://www.irs.gov/individuals/article/0,,id=179414,00.html
HUD.gov Avoiding Foreclosure page
http://portal.hud.gov/portal/page/portal/HUD/topics/avoiding_foreclosure
Foreclosure Prevention Resource Center (Mortgage Bankers Association) - http://www.homeloanlearningcenter.com/YourFinances/ForeclosurePreventionResourceCenter.htm

Nevada Foreclosure Help and Resources

Nevada Foreclosure Mediation Program - http://www.nevadajudiciary.us/index.php/foreclosuremediation - This program allows homeowners to sit down with mortgage lenders, under the leadership of trained mediators, to discuss alternatives to foreclosure.
Nevada Foreclosure Help http://foreclosurehelp.nv.gov/ – Useful resources and info from Nevada Department of Business & Industry
Nevada Hope at Home http://www.nvhopeathome.org/ - collaborative effort between Nevada Public Radio, local nonprofit organizations and local financial institutions to help provide residents in southern Nevada access to reliable, easy-to-find information on the foreclosure crisis in southern Nevada
Legal Aid Center of Southern Nevada http://www.lacsn.org/go/foreclosures/ - Legal Aid Center of Southern Nevada (LACSN) is a private, non-profit (501 (c) (3)) corporation which is a charitable organization dedicated to providing free community legal services to those in need. LACSN has been providing free legal aid for Clark County's low-income residents since 1958.
HUD Approved Housing Counseling Agencies - Nevada
http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm?webListAction=search&searchstate=NV