Special offer

When A Loan Modification Fails. . .The HAFA Program Comes In

By
Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

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 "HAFAHome 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

 

Mike Saunders
Retired - Athens, GA

Fernando - this information needs to be more widespread. Short sales are certainly better for just about all involved than foreclosures.

Nov 26, 2010 03:57 AM