Why Would I Want a HAFA Short Sale?

In theory, HAFA Short Sales should receive a quicker approval from the seller's lender than regular Short Sales. I say in theory because realtors are saying this is not always the case. Some Lenders, like Wachovia, are known for approving Short Sales in record time. Of course, all approval times are dependent on the investor's policies.
Word on the street is that currently only 10% of the HAFA Short Sale applications are being accepted as a HAFA sale. Most of the applicants are being rejected due to the income requirements.
Need to do a Short Sale? Give me a call at 623-694-0354