jOE KNOWS SHORT SALES!
Are you in jeopardy of loosing your home to foreclosure? Or are you thinking about a short sale? Knowing the difference is what's most important, before you move forward in your current financial hardship. The Affordable Foreclosure Alternative (HAFA) program. This program is not for everyone, but it is worth exploring to see if you qualify because a HAFA short sale may be a the right choice then loosing your home to foreclosure.
Have you heard of HAFA? The HAFA program is sponsored by the United States Treasury and has the goal of helping borrowers find alternative ways to avoid foreclosure. This program is available at no cost to home owners. One major difference between a traditional short sale and a HAFA short sale is the deficiency on the first lien. This is avoided in a HAFA short sale; the deficiencies are forgiven on the first lien, possibly the second, and there are no promissory notes. You could also qualify for a cash at closing settlement for completing the short sale and avoiding foreclosure.
I would like an opportunity to help you decide if a HAFA Short sale is for you!
I look forward to talking to you.