In 2010, the government rolled out a supplemental program to Home Affordable Modification Program called HAFA. HAFA stands for Home Affordable Foreclosure Alternatives. This program was specifically designed to facilitate short sales and “Deed-in-lieu” of foreclosures. From the very beginning there was strong skepticism from real estate professionals who specialized in selling distressed properties about the ability of this program to deliver. Housingwire.com reported that between April and December of 2010, only 661 deals had closed under the HAFA program nationwide. Over-Promised, Under-Delivered HAFA has many fatal flaws. First, it was born of another complete failure, the HAMP program. Secondly,…
Las Vegas Short Sale Questions Short Sale, Loan Modification, Foreclosure, Deed-in-Lieu, Deficiency Judgements… There are so many possible scenarios and options to consider if you are in a position where your mortgage balance is higher than your property’s current value, and you need to sell or workout a plan for a more affordable monthly mortgage payment. As the real estate laws, government regulations and failed housing stimulus plans continue to change on a regular basis, many homeowners are left in a paralyzed state of confusion about what the best course of action to take is. The following list of Frequently…
Henderson Property Management: Why Henderson Continues to Be One of Southern Nevada’s Strongest Rental Markets For years, Henderson, Nevada has consistently ranked as one of the most desirable places to live in Southern Nevada. Known for its master-planned communities, excellent parks, convenient shopping, and high quality of life, Henderson continues to attract families, professionals, retirees, and renters looking for well-maintained neighborhoods and outstanding amenities. For property owners and real estate investors, that demand has helped make Henderson one of the strongest rental markets in the Las Vegas Valley. A Community That Attracts Long-Term Tenants One of the biggest advantages of…
Aliante Property Management: A Desirable Community for Rental Property Owners Located in North Las Vegas, Aliante has grown into one of the area’s most sought-after master-planned communities. Designed with an emphasis on parks, recreation, and neighborhood amenities, Aliante continues to attract families, professionals, retirees, and military personnel looking for a high quality of life at an affordable price. For homeowners and real estate investors, that continued demand makes Aliante an excellent community to own rental property. Why Renters Choose Aliante Today’s renters are looking for more than just a home—they want a community that offers convenience, recreation, and easy access…
