Relief For Homeowners, Pre-Approved Short Sales, Move-Out Money too..

I have been super busy this week training and testing at California Asssociation of Realtors “CAR” for the HAFA Certification.  It was really educational and as one of the first Realtors to take this program I’m excited to share…

This is called the “HAFA” Home Affordable Foreclosure Alternatives program.  This is a “Making Home Affordable” Initiative. 

Benefits to Homeowners in need are:

  • Avoiding Foreclosure
  • Satisfying the outstanding balance on your Loan
  • Receiving a cash payment in the amount of $3,000 to use toward moving or other expenses.

Lender will agree to release its mortgage lien on the home when it receives the proceeds from the sale of the property, even though the proceeds are less than the mortgage loan balance

What does this mean for homeowners?  It’s a standardized system for pre-foreclosure, short sales should you be in a homeowner needing assistance with your mortgage.  In this program there are timelines, and approved short sales!  This take a lot of the guess work for people involved in a short sale.  This is huge for Sellers & Buyers knowing that they will get answers in a timely manner.

Avoid Foreclosure–Respond Today

Don’t Delay.  Take advantage of this program, make the best of your situation as much as possible. 

Call Kristine, 310-737-8173 for more info about the HAFA program.

Thank you, here is my CAR approved, HAFA desgination:

HAFA, Help For America's Homeowners

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