hafa short sale: CalHFA help for HAFA Short Sales
- 08/15/10 06:46 AM
CalHFA help for HAFA Short Sales Unemployed and need help to make your mortgage payments? The U.S. Treasury Dept., a supporter of HAMP and HAFA, announced yesterday it is providing additional funding to a California program to help homeowners struggling to make their mortgage payments due to unemployment. Complete guidelines go to http://keepyourhomecalifornia.com/income.pdf Remember! HAFA Short Sales forbids Deficiency Judgments (2 comments)
hafa short sale: HAFA Short Sale Timeline
- 08/10/10 12:50 AM
HAFA Short Sale Timeline Bank has 30 days to approve or deny the HAMP loan modification, the borrower can reject the HAMP and proceed with a short sale Borrower has 14 days to accept short sale agreement and submit listing documents Borrower submits short sale package to lender Bank orders appraisals and determines minimum short sale price Borrower has 120 days to sell through Realtor Realtor must submit short sale offer to bank in 3 days Bank has 10 days to approve or deny the short sale offer Short Sale Buyer has a minimum of 45 days to close the short (0 comments)