Short Sale

Home Affordable Foreclosure Alternatives (HAFA) Program

If you can't afford your mortgage payment and it's time for you to transition to more affordable housing, the Home Affordable Foreclosure Alternatives® (HAFA) program is designed for you. HAFA provides two options for transitioning out of your mortgage: a short sale or a Deed-in-Lieu (DIL) of foreclosure. In a short sale, the mortgage company lets you sell your house for an amount that falls "short" of the amount you still owe. In a DIL, the mortgage company lets you give the title back, transferring ownership back to them.

In either case, HAFA offers benefits that make the transition as favorable as possible:

  • You can get free advice from HUD-approved housing counselors and licensed real estate professionals.
  • Unlike conventional short sales, a HAFA short sale completely releases you from your mortgage debt after selling the property. This means you will no longer be responsible for the amount that falls "short" of the amount you still owe. The deficiency is guaranteed to be waived by the servicer.
  • In a HAFA short sale, your mortgage company works with you to determine an acceptable sale price.
  • HAFA has a less negative effect on your credit score than foreclosure or conventional short sales.
  • When you close, HAFA may provide $10,000 in relocation assistance.




“We have had the pleasure having Andy represent our Sellers in our Short Sale Negotiations with Major Lenders. Those transactions defines Andy -- his primary objective is to assure that our clients are well informed to make the correct decisions. He places customer satisfaction ahead of short-term interest, and he realizes that the long-term value of having a satisfied client outweighs the short-term gain from a quick sale. He is an Extraordinary Negotiator with high diligence and work ethics. He also has outstanding organizational skills and abilities. We have no doubt he would be a valuable asset to your transaction.

Ron & Joanne Bunte


“I cannot recommend Andy Galfi highly enough for his expertise in handling short sale negotiations. I have used him several times and only wish that every short sale was negotiated by him. He makes the process so effortless. He is able to get approval in 1-3 months rather than the 4-6 that is the industry standard. His constant communication is appreciated by both myself as the listing agent, the seller, the buyer and escrow. His short sale knowledge is second to none. He helps put the client at ease by taking time to meet with them or speak with them by phone to explain the process and answer any questions. Both my clients and myself have been very pleased. Andy will be the only negotiatior I use for my short sale listings!”

Amy Jones


“Andy is an essential part of my team and Business. Every short sale listing I have taken has been approved and closed! Andy will work directly with my sellers and answer all their questions. My clients have been extremely pleased with his service and his knowledge about the short sale process. I don’t know what I would do without Andy taking care of my short sales.”

Monica Carr


“I have been using Andy for short sale negotiations since 2009. He has been Great! Gets the job done everytime and communicates with me regularly. The short sales close fast and we move on to the next. I would recommend him to anyone.”

Steve Shenkenkberger


“Andy is the best negotiator we have used in our 30 years of business. He is straightforward, direct and keeps you in the loop. He kept us informed on a weekly basis as to what was going on and emailed you immediately when information was needed. Great follow up and a great person to work with. He will do all our Short sales and we have recommended him to fellow agents.”

Shirley and Marvin Laderman