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SHORT SALE CONSIDERATIONS
(CONTINUED)

10. HOME AFFORDABLE FORECLOSURE ALTERNATIVE
(HAFA) PROGRAM
The HAFA program was designed to give homeowners different
alternatives to a foreclosure, which include incentives for
completing a short sale. For more information on the options
available, visit the HAFA program website
http://1.usa.gov/1IHWsvD

• To find out which option you may be eligible for, go to
http://1.usa.gov/1SSg3Ka
• To find out if your mortgage company participates in the
HAFA program, go to
http://1.usa.gov/1XZVGkJ

11. REVIEW THE ARIZONA ASSOCIATION OF REALTORS®
(AAR) SHORT SALE FORMS

AAR has developed the following contract forms to assist you in a
short sale transaction. Review these contract forms and any other
forms you are asked to sign, so that you thoroughly understand
your rights and obligations.

• Short Sale Addendum to the Listing Contract
http://bit.ly/1SQQl8W

• Short Sale Addendum to the Arizona REALTORS®
Residential Resale Sale Purchase Contract
http://bit.ly/1n1Jm29

For More Information, visit
AAR’s Consumer Foreclosure Assistance Links:
www.aaronline.com/2013/01/consumer-assistance-foreclosure/

Page | 5 of 6 Arizona Association of REALTORS® Short Sale Seller Advisory (March 2016)