Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
HAFA - Get Paid to Sell Your Home!
Well, according to the new HAFA program rolled out earlier this week, homeowners who short sale their home can receive a "moving allowance" check of $3,000!
The new Housing Affordable Foreclosure Avoidance program, named HAFA, is here to hopefully make life for homeowners in distress a little more comfortable. Personally, my first complaint is the acronym. Seriously, couldn't they think of a name for the program without having to put the words out of order? But it's government people, let's be patient with them. Their amazing foresight had a lot to do with why we are in this mess to begin with. But that's another topic altogether...
So yes, it is true, under the HAFA program, homeowners in distress are eligible for the following perks:
•ü Avoid Foreclosure
•ü If you are already in the foreclosure process, the foreclosure can be SUSPENDED
•ü Stay in your home throughout the entire sales process
•ü Save Your Credit
•ü Get FULL release from your lender (no deficiency judgment)- your mortgage debt is GONE!
•ü The bank pays for EVERYTHING, even Realtor fees.
•ü The whole process is FREE to you
•ü AND you get paid $3000!
Let's face it- foreclosures are devastating for ... more
Are you on The Rain? Grow Your Network!