If you're thinking of looking into a HAFA Short Sale, you've likely wondered what HAFA program administrators would consider a reasonable hardship. Here's some of the main hardships you might qualify with.
A hardship may include...
1. Household income being reduced from prior levels
2. Household expenses increasing from prior levels
3. Monthly debt payments which become excessive when compared with income
4. Insolvency - this is what happens when your assets and income are not sufficient to maintain your mortgage payment and other basic living costs.
If you are thinking of a short sale (HAFA or traditional), give our office a call for a free, no obligation consultation. We'll help you make the right decision for you and your family, and get you on the path to recovery quick!
Cameron Novak
Short Sale Team At
The Homefinding Center
951-212-7479
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