hafa program: Surprising my client with a $23,000 CHECK DOING HER SHORT SALE! - 03/18/12 09:17 PM

Surprising my client with a
$23,000 CHECK!
My client's daughter found us on the Internet nothing wrong with that, most of our clients find us first on the Internet because of our vast educational presence.
"Fernando, most Realtors do not take $60,000 Short Sale Listings!"
That's what she was afraid of when I first met her.
I had an instant connection with my client and I re-assure her. .as long as she is willing to help us help her. . I promised her that I would help her!
She was ready. .and we took the case in. … (3 comments)

hafa program: Como Utilizar El Programa De HAFA Para Salvarse De Un Foreclosure - 06/02/11 03:03 PM
Como Utilizar El Programa De HAFA Para Salvarse De Un Foreclosure.
Cuando ya esta perdiendo su casa. . viene una esperanza
 
Como tomar ventaja del program de HAFA para salvarse de un FORECLOSURE Si tu propiedad esta con pagos retrasados a tu banco y ya no puedes pagar mas. . .este nuevo program que viene directament con la ayuda del Gobierno de Obama puede ser lo que ud estaba esperando. .
Recuerde: En un short sale. . ud vende su casa En un  foreclosure ud la pierde! Y en una modificacion Ud compra su casa nuevamante a un precio exorbitante! More … (1 comments)

hafa program: Chase Mortgage? Chase Will Not Chase You After A Short Sale. . . - 05/16/11 03:50 AM
 
 
 
Short Sales Maryland
For the month of May 2011, Herboso & Associates will post one post per day highlighting the reasons why you should do a short sale before you lose your property to a foreclosure.
31 Reasons WHY YOU SHOULD DO A SHORT SALE BEFOREALLOWING A FORECLOSURE IN YOUR PROPERTY
 
Day #16 --Reason #16
Chase Approving HAFA Short Sales 
 

The HAFA program, complements HAMP by providing a viable alternative for borrowers  who are HAMP eligible but can not qualify and are  unable to keep their home. It uses borrower financial and hardship information already collected under HAMP. One … (4 comments)

hafa program: Do a HAFA Short Sale and Sell Your Home . . . Not Lose it! - 05/05/11 07:17 AM
 
Short Sales Maryland
For the month of May 2011, Herboso & Associates will post one post per day highlighting the reasons why you should do a short sale before you lose your property to a foreclosure.
31 Reasons WHY YOU SHOULD DO A SHORT SALE BEFOREALLOWING A FORECLOSURE IN YOUR PROPERTY
 
Day #5 --Reason #5
Do a HAFA Short Sale!
 
 
HAFA stsnds for: Home Affordable Foreclosure Alternative
The HAFA Program became effective April 5th 2010, most servicers may participate . The primary options available through HAFA include Short Sale and Deed-in-Lieu of Foreclosure.
With HAFA. . .Lenders will not … (0 comments)

hafa program: Quick Hardship Letters Tips. . .How To Write a Compelling Hardship Letter - 12/13/10 07:11 AM

Here are some tips that will help you in drafting a hardship letter for your lender:
 
The letter has to be short, precise and to the point Best to make it a one page letter. Lenders do not have time to read  long letters. The letter should be personalized as much as possible. The letter should describe your financial problems in some level of detail but no the point where you are over explaining about your misfortunes and despairs Include any corroborating docs to amplify your case in your hardship letter. . . . you must attach them.  In … (2 comments)

hafa program: The HAFA Program Works Because Of The Release Of Deficiency Saving The Homeowner - 11/30/10 02:55 AM
The HAFA program, complements HAMP by providing a viable alternative for borrowers  who are HAMP eligible but can not qualify and are  unable to keep their home. It uses borrower financial and hardship information already collected under HAMP. One of the most important steps for your Realtor  is that allows borrowers to receive pre-approved short sales terms before listing the property (including the minimum acceptable net proceeds and acceptable closing costs).
SHORT SALES FIRST STEP
The biggest benefit to you as a homeowner is that borrowers to be fully released from future liability for the first mortgage debt and, if the … (1 comments)

hafa program: When A Loan Modification Fails. . .The HAFA Program Comes In - 11/26/10 03:40 AM
A Short Sale can be enhanced with the HAFA Program.
What are the qualifications to get into the "HAFA" Program ?
  {Home Affordable Foreclosure Alternative}
Download the:
DEED IN LIEU (DIL) HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAM TERMS AND CONDITIONS
 
Home Affordable Foreclosure Alternatives Program – Deed-in-Lieu of Foreclosure
A “deed-in-lieu of foreclosure” is specifically designed to help borrowers who are unable to afford their first mortgage and want to avoid foreclosure. With a DIL, you voluntarily transfer ownership of your home and all real property secured by your mortgage loan (Property) to us to satisfy the total … (1 comments)

hafa program: HAFA Program Has Slowly Become a Salvation For Many Underwater Homeowners - 11/26/10 03:33 AM
A Short Sale can be enhanced with the HAFA Program.
What are the qualifications to get into the "HAFA" Program ?
  {Home Affordable Foreclosure Alternative} 
The HAFA Program became effective April 5th 2010, servicers may participate immediately, or as soon as is practical. The primary options available through HAFA include Short Sale and Deed-in-Lieu of Foreclosure.
Participating Lenders that have already agree. . This is a partial list, please call me for the latest list since this is a new program. . most major banks are embracing HAFA
Aurora Loan Services, LLC Bank of America, NA Chase Home Finance, LLC CitiMortgage, Inc … (3 comments)

hafa program: When HAFA Works. . It Saves The Homeowner Thousands Of Dollars - 11/22/10 02:32 AM
A Short Sale can be enhanced with the HAFA Program.
What are the qualifications to get into the "HAFA" Program ?
  {Home Affordable Foreclosure Alternative}
Qualifying for HAFA? A loan must meet the basic eligibility criteria for HAFA if all of the following conditions should be met:
The property is the borrower’s principal residence. The mortgage loan is a first lien mortgage originated on or before January 1, 2009. The mortgage is delinquent or default is reasonably foreseeable. The current unpaid principal balance is equal to or less than $729,7501 for a single family property; $934,200 for a  … (1 comments)

hafa program: What Lenders Participate in the HAFA Program? - 09/21/10 03:35 AM
Fernando,  Do lenders have to participate in the HAFA program? Where can I look to see if my lender is a participating one? ThanksMike ------------------------------------------------------------------------
Mike: I decided to write a post on my blog to answer your question. . PLEASE GO HERE  Thanks, Fernando Herboso
Broker-Realtor Consultant 
“Don’t pray for a miracle. .expect it!”
Herboso Realty Group www.ReallyNiceHomes.com Herboso & Associates ------------------------------------------------------------ O: 240.898.1848 ext #1 F: 240.898.1848 My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. Quality representation is not expensive, its priceless!
(0 comments)

hafa program: New HAFA Program Supporting Documentation "The Agreement" - 05/17/10 10:01 AM
New HAFA Program Supporting Documentation READY FOR USE. . 
Highlights: HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAM
A Goverment program that can assist homeowners when they have a  "mortage underwater" What is "HAFA" Home Affordable Foreclosure Alternative all about?? It is part of the Obama Administration's broad, comprehensive strategy to get the economy and the housing market back on track.  It all started with the making "Home Affordable Program"  offering options for homeowners in distress. They started with an alternative for refinancing mortgage loans through the Home Affordable Refinance Program (HARP)  They also offered through the Home Affordable Modification Program (HAMP) an attempt for loan … (0 comments)

hafa program: Short Sales vs Foreclosure Maryland: Your Credit Score - 05/02/10 09:56 PM
 
Short Sales Maryland The Differences are very clear.. . Should you do a short sale or just let them foreclose on your property? It's your choice:
Tip: Having housing is a fate everyone eventually faces. You have to pay to live somewhere anyway. Renting temporarily while your credit recuperates is ok. .but for those willing to look into buying their own house in a couple or so years. . the rewards can be significant because you will be buying your new home at more realistic prices and not inflated and puffed up by a greedy lender. To read the … (0 comments)

hafa program: Foreclosure vs Short Sales in Maryland : An Investor's Dilemma - 05/02/10 09:54 PM
Short Sales Maryland The Differences are very clear.. .Should you do a short sale or just let them foreclose on your property?It's your choice: Tip:Having a bad investment should not be the end of the world.. .but ignoring the problem and getting stuck with a negative equity month after month can be the kiss of death for many investors. If you qualify with a hardship, you should consider doing a short sale even if you have to pay taxes of the shorted amount. . .it could be end up being considerably less than ignoring the problem and bleeding to death.To read the … (1 comments)

hafa program: Short Sales vs Foreclosure Maryland: Facing The Deficiency Judgment - 05/01/10 12:26 AM
 
Short Sales Maryland The Differences are very clear.. . Should you do a short sale or just let them foreclose on your property? It's your choice:
Tip: In Maryland, a lender has up to three (3) years to pursue a deficiency judgment against  the homeowner. Short Sales: To read the complete series " Short Sales vs Foreclosure"  ← click here To find out more if a short sale is an option for you: (Click on the Image to Read our Ebook ) "Is a Short Sale an Option for You?" Short Sales vs Foreclosure "Need immediate help? call 240-426-5754" ↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓ … (0 comments)

hafa program: SHORT SALES in MARYLAND : Short Sale vs Foreclosure - 04/30/10 02:13 AM
 
Short Sales Maryland The Differences are very clear.. .Should you do a short sale or just let them foreclose on your property?Foreclosure vs Short Sale
#1  How will it affect my credit?#2  As an investor. .is a short sale even an option?#3  How will it affect any future applications? #4 What about security clearances. .how can a foreclosure affect this?#5 What do you mean facing the deficiency judgment? #6 What is HAFA and how that changes short sales? To find out more if a short sale is an option for you: (Click on the Image to Read our Ebook )"Is a … (0 comments)

hafa program: SHORT SALES WITH HAFA: DEFICIENCY JUDGMENT.. NOT SO SCARY ANYMORE - 04/10/10 12:34 AM
 
SHORT SALES WITH HAFA:  DEFICIENCY JUDGMENT.. NOT SO SCARY ANYMORE HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAM HAS BEEN IMPLEMENTED TO ASSIST HOMEOWNERS IN DISTRESS. Home Affordable Foreclosure Alternative
The HAFA Program became effective April 5th 2010, servicers may participate immediately, or as soon as is practical. The primary options available through HAFA include Short Sale and Deed-in-Lieu of Foreclosure.
With HAFA. . . Lenders will not pursue a deficiency judgment for the shorted amount.
Your home is worth $300,000 and sell it as a SHORT SALE with HAFA . .
PROBLEM: . . .but your Mortgage is $500,000
(8 comments)

hafa program: SHORT SALES WITH HAFA: PARTICIPATING LENDERS - 04/10/10 12:05 AM
 
SHORT SALES WITH HAFA:  PARTICIPATING LENDERS HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAM HAS BEEN IMPLEMENTED TO ASSIST HOMEOWNERS IN DISTRESS.  Home Affordable Foreclosure Alternative
The HAFA Program became effective April 5th 2010, servicers may participate immediately, or as soon as is practical. The primary options available through HAFA include Short Sale and Deed-in-Lieu of Foreclosure.
Participating Lenders that have already agree. . This is a partial list, please call me for the latest list since this is a new program. . most major banks are embracing HAFA
Aurora Loan Services, LLC Bank of America, NA Chase Home Finance, … (6 comments)

hafa program: SHORT SALES WITH HAFA: THE PROGRAM WILL DENY YOUR APPLICATION IF YOU. . . - 04/09/10 11:53 PM
 
SHORT SALES WITH HAFA:  THE PROGRAM WILL DENY YOUR APPLICATION IF YOU. . . HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAM HAS BEEN IMPLEMENTED TO ASSIST HOMEOWNERS IN DISTRESS. Home Affordable Foreclosure Alternative
The HAFA Program became effective April 5th 2010, servicers may participate immediately, or as soon as is practical. The primary options available through HAFA include Short Sale and Deed-in-Lieu of Foreclosure.
HAFA Program Denials . . AVOID THIS AT ALL COSTS . . The Home Affordable Foreclosure Alternatives (HAFA) Program was designed for people that request to be included in this program and qualify .
HAFA is … (4 comments)

hafa program: HAFA IS FOR YOU . . if you are losing your house - 04/09/10 08:55 AM

HAFA IS FOR YOU . . . .(if you are losing your house) HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAM HAS BEEN IMPLEMENTED TO ASSIST HOMEOWNERS IN DISTRESS. Home Affordable Foreclosure Alternative
The HAFA Program became effective April 5th 2010, servicers may participate immediately, or as soon as is practical. The primary options available through HAFA include Short Sale and Deed-in-Lieu of Foreclosure.
HAFA Program to Homeowners: How HAFA Can Help You. . .   The Home Affordable Foreclosure Alternatives (HAFA) Program was designed in addition to the the Home Affordable Modification Program (HAMP) 
Most homeowners were unable to take advantage of the … (0 comments)

hafa program: COSTS and FEES for the Homeowner (HAFA) PROGRAM . . - 04/09/10 07:22 AM

COSTS and FEES for the (HAFA) PROGRAM . .  HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) PROGRAM HAS BEEN IMPLEMENTED TO ASSIST HOMEOWNERS IN DISTRESS. Home Affordable Foreclosure Alternative
The HAFA Program became effective April 5th 2010, servicers may participate immediately, or as soon as is practical. The primary options available through HAFA include Short Sale and Deed-in-Lieu of Foreclosure.
Costs and Fees to Participate in the HAFA Program: Homeowners participating in the HAFA program will not be charged any direct costs or administrative processing fees in connection with HAFA. The lender (your mortgage holder) pays all out-of-pocket expenses, including but not limited to notary … (0 comments)

 
Fernando Herboso - Broker for    Maxus Realty Group, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group -  Broker 301-246-0001) Ambassador large

Fernando Herboso - Broker for Maxus Realty Group

301-246-0001 Serving Maryland, DC and Northern VA

Gaithersburg, MD

More about me…

Maxus Realty Group - Broker 301-246-0001

Address: Serving Montgomery, Frederick, PG Counties Maryland PLUS Northern VA, Listing Marketing Expert at your service 30 miles radius from, Gaithersburg , MD, 20878

Office: (301) 246-0001

Mobile: (240) 426-5754

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