I am looking at participating in this forum and on this website.

I wonder how this will play out come 4/5 when HAFA comes into effect, supposedly no defaults w/ participating lenders, right?

I would suggest that you take your short sales related questions and post them in the short sales forum to get the participants there to pay attention.

Last I checked it was unpaid (bare with me, we haven't even been moved out a month yet).

I don't know your specific situation, but if you actively participate in managing the property the loss limit is not $3K but 25K.

So buckle down and read, participate, and then put it all into practice...

If the banks didn't like the program, why would they voluntarily participate?

It sounds like the house was just barely put onto the market.

It will give assurance to private lenders that the real estate investor has a system in place to make money for them and that prospective private lenders can participate in the process, see the repair list, repair photos, the appraised value, the equity, the title search result etc to make the go and no go decision all online!

If you were "barely breaking even" why were you holding them.