Special prices applicable till April 30, 2010. CAR members please use promotion code “APCAR005” and non-CAR members please use “APUSA005” on the order form.

HAFA is the first Short Sale program to set nationwide Short Sale standards and financial incentives and it went ‘live’ in the non-GSE market on April 5, 2010. Don’t miss the opportunity to become a Certified HAFA specialist today!

With almost 8 million US families currently behind on their mortgage and continuing high unemployment rates, HAFA will be critically important in helping millions of distressed borrowers achieve a respectful and supported pre-foreclosure home and life transition. HAFA represents an unprecedented opportunity for real estate professionals to make a positive impact and drive transaction and revenue growth.

This 2 to 3 hour program provides a high level overview of the current US distressed housing market and an in depth review of Treasury’s Home Affordable Foreclosure Alternatives (HAFA) program per Treasury Supplemental Directive 09-09. HAFA was revised by Treasury on March 26, 2010 and the program is fully updated to reflect those changes.

The training can be completed on the web anytime and from any location, and is brought to you in partnership with the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R) in California.

Training and Certification Content (2-3 hours)

The training session is organized into the following modules

  • Section I – Foreclosure Alternatives Market Background
  • Section II – HAFA Overview
  • Section III – Implications of HAFA
  • Section IV – HAFA Roles and Responsibilities
  • Section V – HAFA Process and Documents
  • Section VI – HAFA Opportunities and Challenges

HAFA Certification Quiz

Each of the above modules ends with a short multiple choice test. Upon the successful completion of all 6 modules and tests registered clients will:

  • Become a ‘Certified HAFA Specialist’, enhancing your HAFA credibility in the marketplace
  • Have the opportunity to participate in AssetPlanUSA’s Certified HAFA Real Estate Professional Network for Servicer and AssetPlanUSA HAFA referrals
  • Receive HAFA program and Servicer updates for 1 year
  • Be able to print and keep a desk reference ‘HAFA Summary’, as well as 4 key HAFA example contracts
    • HAFA Short Sale Agreement (SSA)
    • HAFA Deed-In-Lieu Agreement (DIL)
    • HAFA Request for Approval of Short Sale (RASS)
    • HAFA Alternate Request for Approval of Short Sale (ARASS)


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  • I, too, have taken the HAFA Certification course. I agree with Rose's comments...at first glance, could save the money and studied the HAFA manual. However, I believe the value will be in the ongoing relationship with AsseptPlan USA. Going forward, I think there is something to being able to claim that you are a 'Certified HAFA Specialist', especially with the endorsement from the California Association of Realtors.
  • Morning!!
    I took the HAFA CERTIFICATION from Assetplanusa yesterday... ( all day). Was informative and I believe I have a good grasp of the program. I have a membership to assetplan included. Am not sure whats next but, now I am confident I can "sell" and market hafa and set myself apart pretty comfortably>>>> The clincher is, I could have read the Hafa 46 page manual + the updates( which I did before) and get the same info.....so, it;s up to AssetplanUsa to show me what comes next. Apparently there is a referral system for their members. Will keep everyone posted!!!
    Warm Regards, Rose
  • Very interesting take on the boards, Rose. Much appreciated!
  • Thanks Shawneequa for your input!
  • I went on CAR, California Association of Realtor's, website. Its is a CAR approved course which means there might be some legitimacy in the course. I would think the designation itself is worth paying for the course and if there is some business sent your way by means of referrals then that would be an added benefit.

    I am creating a whole program around the short sale market so I think I am going to take the class.

    My two cents.
  • I would check with your board.
  • How many from our group are planning on takin this?
  • Is this training state specific? It shouldn't be. I am in Illinois but also a member of CAR (alas, Chicago Association of Realtors) :).
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