With the economy in shambles, banks have taken drastic measures to take back the loans they have given to people; often people lose their homes to foreclosure, as the bank can legally sell the house unless the debts can be repaid. Home Affordable Foreclosure Alternatives (HAFA) sponsored by the U.S. Treasury Department provide home owners and mortgage bank with financial incentives to decrease the use of Foreclosure and opt for Short Sale options.


















HAFA is a website sponsored by the U.S. Treasure Department under the Obama Administration, HAFA has been primarily established to help mitigate the high number of homes being lost to foreclosure. HAFA can be consulted online for free regarding any matter on foreclosure, HAFA also offers short sale of homes around the United States, you can simply view the home of your choice, look up its details and make the payments accordingly. The service is free to use to look up homes soon to be foreclosed.



















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