We are coming out of the housing crisis slowly BUT, it is not over yet. In previous years homeowners who put their homes up for sale due financial hardship or life altering situation have opted to do so through foreclosure or short sales.
The option of short sale is likely to take part of the Home Affordable Foreclosure Alternatives (HAFA) Program that assist eligible homeowners to avoid foreclosure, specifically through short sales or deeds-in-lieu of foreclosure.
(click to watch video)
The paperwork does not completely go away but there is some relief in submitting the request to the bank and getting a (hopefully positive) response.
Below is a comparison chart of changes:
If you or someone you know is in need of help to save their home or sell it through short sale contact me immediately.
Don't wait until it's to late!!!! Reach out for help today.
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