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New program helps short home sales

Published March 11, 2010, 8:28 pm, The Nashua Telegraph

Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government’s Home Affordable Foreclosure Alternatives, or HAFA, program. Up to now, many short sales – in which the lender accepts a sale of the property for less than the full amount owed – have taken months to complete. Sometimes, the complex and lengthy process has failed, resulting in ...

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