With a traditional short sale program, we are able to sell your home and negotiate a sale price with your bank or lender, at or below the current market value, even though you may owe substantially more. We work through a nationwide network of Real Estate Agents to insure your home sells fast.
A short sale can stop the foreclosure and prevent the adverse credit implications associated with a foreclosure. Many times the sale costs and commissions are paid by your mortgage lender so there are NO COSTS to the homeowner to sell!
In some cases you may qualify to eliminate all or some of your tax consequences, consult with your tax attorney or CPA.
You may also qualify for the Government’s new HOME AFFORDABLE FORECLOSURE ALTERNATIVES (HAFA) Short Sale Program. What is HAFA? It is a program that was designed for homeowners who are unable to afford their first mortgage, want to avoid foreclosure, and have exhausted all loan modification attempts and continuing to own their property is not longer an option. The program offers financial incentives to servicers and homeowners who successfully complete a HAFA short sale.
Benefits of the HAFA Short Sale Program include:
- A lender recommended sale price PRIOR TO listing the home
- Waived deficiency- Meaning that the mortgage debt will be settled through the program and no legal action can be taken on/against the outstanding mortgage debt.
NOTE: FannieMae and FreddirMac implemented their own versions of HAFA August 1. To Date FHA, VA, and GinnieMae loans are not yet covered by HAFA-Type Program.
CALL NOW FOR A FREE NO-OBLIGATION CONSULTATION TO DISCUSS YOUR OPTIONS! WE LOOK FORWARD TO ASSISTING YOU THROUGH THIS DIFFICULT TRANSITION.
Fill out the form or Call Us
Office (626) 966-3688 Ext 301
Direct (626) 255-2783
