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HAFA program stops foreclosure and gives sellers $3000 for moving expenses
HAFA program stops foreclosure and gives sellers $3000 for moving expenses
September 30, 2010 Real Estate news in Portland,Maine, United States of America
The new government program helps homeowners who have been denied loan modification to apply for a short sale and receive $3000 for relocation assistance.
FOR IMMEDIATE RELEASE
Portland,
Maine,
United States of America
(Free-Press-Release.com) September 30, 2010 --
Home owners on the brink of foreclosure, who have exhausted their efforts to get a loan modification can turn to the latest government sponsored initiative - the HAFA program.
Program highlights:
- Provides for quick approval to help stop foreclosure
- Seller gets $3000 at closing for relocation assistance
- No deficiency judgment or future liability
"If dealing with a Realtor who knows how to work with lenders, a homeowner can now get cash in their pockets, and walk away with some dignity." says Marty Macisso, Realtor with Regency Realty Group of South Portland, Maine "Short sales can help people upside-down on their mortgage, unemployed or suffering a major setback."
The HAFA program must be initiated by a real estate agent in cooperation with a seller, after a loan modification has been denied.
Even homeowners who have moved more than 100 miles because of work , can qualify for this program.
Marty Macisso provides a short sale application at www.MartymyRealtor.com
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