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 amount due on the first mortgage.
Enclosed you will find the DEED IN LIEU with HAFA Agreement TERMS and CONDITIONS
Please go here to find out if you can use HAFA to get relief from an underwater home.
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 modification to assist the homeowner trough these troubling times.
Introducing the HAFA PROGRAM
Short Sale Agreement Terms and Conditions for the HAFA PROGRAM
See Below
Deed In Lieu HAFA -
You can call (Fernando Herboso) directly @ 240-898-1848 ext #1 or email : Fernando@Herboso.com
More about short sales in Maryland using the HAFA Program
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