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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)
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