In 2009, the Treasury Department introduced the HAFA program to provide a viable option for homeowners who are unable to keep their homes through the existing Home Affordable Modification Program (HAMP).
How can HAFA help with my short sale in Oxford, AL? HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure. HAFA offers the following: * Complements HAMP by providing a viable alternative for borrowers (the current homeowners) who are HAMP eligible but nevertheless unable to keep their home. * Uses … (1 comments)
As the recent problems with the US Economy continue, we are hearing these words more and more more often.. "Short Sale" ... What is it? Well, to put it simply, a Short Sale is a bank accepting less than it is owed as full payment for a home. (If you ever tried to trade in a car with high miles, you may have been "upside down" meaning you owe more money than the dealer is going to give you.. Well, short sales are the same thing, except instead of your … (1 comments)
Can HAFA help me with a short sale in Oxford, Alabama?
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