Click on the picture to view a video PowerPoint about the U.S. Treasury Department’s just announced streamlined short sale process for homeowners struggling under their mortgage payments.

The government has tried stemming the flood of foreclosures – primarily through the HAMP program – but it’s only been marginally successful. To avoid foreclosure, thousands of homeowners have attempted to do short sales, but that process has been cumbersome, time consuming for both buyers, sellers and agents, and highly frustrating for all parties.

To solve those problems, the HAFA program provides a clear path for homeowners to do a pre-approved short sale. Listen to this video PowerPoint for an overview of the program.