1. A method for salvaging a hardware transaction, the method comprising: executing, by a processor, a first salvage checkpoint instruction in a code region during transactional execution of the code region of a hardware transaction; based on the executing the first salvage checkpoint instruction, recording, by the processor, transaction state information comprising an address of the first salvage checkpoint instruction within the code region; detecting, by the processor, a pending point of failure in the code region during the transactional execution; based on the detecting, determining, by the processor, that transaction state information has been recorded; and based on the detecting, transferring control to an about-to-fail handler; and based on executing the about-to-fail handler, returning to the execution of the code region of the transaction at the address of the first salvage checkpoint instruction.