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Location: Fairfax, Leesburg, Ashburn, Sterling, Reston, Herndon, VA
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New Program for Short Home Sales Starts Today, April 5, The FEDs making it easier to process a short sale or deed in lieu of foreclosure. HAFA, Home Affordable Foreclosure Alternatives program provides $3,000 to borrowers for relocation assistance, $1,500 to servicers for administrative costs and up to $2,000 to inves...tors who allow up to $6,000 in short sale proceeds to be distributed to subordinate lien holders.