You Could Be Eligible For A HAFA Short Sale And You Do Not Even Know It
Hello everybody this is Kerri Naslund with the Bay Area Short Sale Angels, Northern California’s number one short sale staff, I hope you might be having an ideal day. For those who take pleasure in this weblog ensure to check back often as I keep California householders up to date with relevant data on avoiding foreclosure.
For our blog topic at this time I wanted to speak about what’s required to be eligible for the HAFA program. First off, for those that do not know, HAFA is a government backed program that provides householders three thousand dollars in relocation monies after completing their short sale. The HAFA program has another great benefits as well however is unfortunately not available to all homeowners. As a HAFA licensed short sale agent I am constantly staying up to date on all eligibility requirements for our clients. Crucial qualification is that the property should be your primary residence and not an investment property or vacation home. Also, your mortgage has to be originated earlier than January 1st, 2009 with a purpose to be eligible. One other vital requirement is that you could already be deliquent on your mortgage to qualify. And lastly, the remaining balance on your mortgage should be below seven hundred and twenty nine thousand dollars in order to complete a HAFA short sale. There are minimal requirements for the mortage dollar amount but those change frequently. Hopefully this HAFA data is helpful and if you would like to discuss your specific scenario I would be completely happy to sit down and chat with you. That is Kerri with the Bay Area Short Sale Angels where we believe there is nothing worse than doing nothing.
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