Michael Bondi-Realtor, ABR, e-Pro, RECS

HAFA, (Home Affordable Foreclosure Alternatives Program) is a government backed program that assists sellers and lenders alike during the Short Sale process. HAFA has certain guidelines that sellers must qualify under and also tells the lenders how to run the program within the governments time table. BofA and Wells Fargo have already agreed to ...

May 15, 2010- Las Vegas, NV. New government programs for Short Sales have been rolling out for a while now. The latest and newest program is called HAFA-Home Affordable Foreclosure Alternatives Program. This program has many benefits for Realtors, their clients and the banks! If you qualify under this new program, the benefits are very ...

It's the begining of the new year and things seem to be getting better when it comes to dealing with Banks and Lenders while attempting to do Short Sales for my clients. For over 2 and 1/2 years now, I have been part of the Short Sale process either helping Sellers or Buyers. At first in 2007, it seemed like pulling teeth to get the ...

Thank you for looking over my Blog and Website! My name is Michael Bondi. I have been a full time Realtor here in Las Vegas for over 5 years. I pride myself on knowing current market conditions, helping my clients with Short Sales, Resales, buying homes and investing. I have closed over 55+ Short Sale transactions since 2007. I have connections at ...

It's almost been over a year now since the Stock Market to a crash and businesses and banks alike started to fail like nothing we have seen since The Great Depression! Here in Las Vegas however, we are seeing a strong turn of events! People now can afford homes based on 1980's pricing which makes home ownership more affordable for ...

UPDATE: 9-4-09/ This law is good until 2012.   Another topic of concern for most people when they consider a Short Sale is "Will I have to pay taxes on the difference of the Short Sale?" The Mortgage Forgiveness Debt Relief Act of 2007 was designed to forgive that amount that you are going to "Short"! Keep in mind ...

UPDATE January 2010- With all the new laws both Federal and State taking place to help homeowners, now is the time to take advantage of those new laws and Short Sale your propertry! It gives you a great solution to your problem, in several cases I have had, it stops all collection activity and it could also keep you in your home ...