Foreclosures have taken this country by storm and unfortunately, one of the states most affected by this crisis is Florida. While the majority of homeowners prefer to attempt to qualify for the the government’s Homeowner Affordability Modification Program, (HAMP) which is a government program intended to help homeowners keep their homestead by modifying the monthly mortgage payment, not every homeowner qualifies for (HAMP). Therefore, to avoid foreclosure and all the consequences it entails, the government offers homeowners the HAFA program, or Home Affordable Foreclosure Alternatives Program.
Read more here:HAFA Program