Category Archives: HAFA Short Sales

How To Choose A Short Sale Realtor in Temecula California.

Have you ever found yourself in a bit of a financial rut? You may understand that you might be headed for foreclosure. If you think you are just about out of choices, a short sale may be in your best … Continue reading

Posted in Chase Short Sales, Credit Challenges, Fannie Mae, Foreclosure, Freddie Mac, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Pre Foreclosure, Short Sales, Wells Fargo Short Sales | Tagged , , , , , , , , , | Leave a comment

Short Sale – Lease Back Option

Short Sale Lease Back Program Homeowners facing a foreclosure may now be able to lease back and in some lender approved situations buy back their home after a short sale.  A newly launched program provides another option for homeowners who can’t afford their … Continue reading

Posted in Chase Short Sales, Citi Mortgage Short Sales, Credit Challenges, Foreclosure, HAFA Short Sales, HAFA Updates, Pre Foreclosure, Short Sale Lease back, Short Sales | Tagged , , , , , , , , | Leave a comment

Bank of America Cooperative Short Sale Program Update

The Bank of America Cooperative Short Sale Program may be able to help you complete a short sale if you owe more on your mortgage than your Temecula, Murrieta, Menifee or Hemet home is worth and do not qualify for the Home Affordable Foreclosure Alternatives … Continue reading

Posted in Bank of America Short Sales, HAFA Short Sales, Pre Foreclosure, Short Sales | Tagged , , , , , | Leave a comment

CitiMortgage to Launch Home Rental Program as Foreclosure Alternative

CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes. The Home Rental Program will be managed by Carrington Capital Management, LLC and … Continue reading

Posted in Citi Mortgage Short Sales, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Short Sales | Tagged , , , , , , , , | Leave a comment

Mortgage debt relief law extended through 2013

Mortgage Debt Forgiveness extended Late last night, Congress reached a settlement in the “fiscal cliff” negotiations.  As a result, the Mortgage Forgiveness Debt Relief Act has been extended for another year.  The measure will continue to exempt from taxation mortgage … Continue reading

Posted in Bank of America Short Sales, Chase Short Sales, Citi Mortgage Short Sales, GMAC Short Sales, HAFA Short Sales, HAFA Updates, Mortgage Foregiveness Act, Short Sales | Tagged , , , , , , , , , | Leave a comment

HOPE NOW: 5.9M Completed Mods Since 2007; Short Sales Increase

Short sales continued to increase in October, while foreclosure starts fell, according to data from HOPE NOW, an industry alliance of mortgage servicers, investors, mortgage insurers, and nonprofit counselors. Completed short sales reached 38,518 in October, representing a 13 percent … Continue reading

Posted in HAFA Short Sales, HAFA Updates, Loan Modifications, Mortgage Foregiveness Act, Short Sales | Tagged , , , , , , , , , , , , | Leave a comment

THOMAS OLSEWSKI Awarded Short Sale Lease Back Designation

Wednesday,October 17, 2012 8:00 a.m. Eastern TEMECULA Real Estate Agent THOMAS OLSEWSKI Awarded  Short Sale Lease Back Designation Short Sale Lease Back Designation Recognizes Deep Understanding of Short Sales and the Lease Back program for Helping homeowners trying to avoid … Continue reading

Posted in HAFA Short Sales, HAFA Updates, Short Sale Buy Back, Short Sale Lease back | Leave a comment

Home Affordable Foreclosure Alternatives (HAFA) Short Sale Update

HAFA Supplemental Directive 12-02, effective June 1, 2012, impacts short sales with loans from non-government-sponsored enterprises in which the homeowner is eligible for the HAFA program.  Key enhancements include: Time frame extended: The program has been extended to Dec. 31, 2013. The HAFA short … Continue reading

Posted in HAFA Short Sales, HAFA Updates, Short Sales | Leave a comment

Bank of America Announces new Short Sale Relocation Assistance Program

Short Sale Relocation Assistance Program for Temecula Valley Homeowners: If your loan is with Bank of America you could receive $5,000 to $30,000 in relocation assistance  If you are financially distressed and want to avoid foreclosure. I can help you!  So does … Continue reading

Posted in Bank of America Short Sales, HAFA Short Sales, Short Sales | Leave a comment

&_&_&_ HAFA update from Bank of America _&_&_&

Home Affordable Foreclosure Alternatives (HAFA) Short Sale Update HAFA Supplemental Directive 12-02, effective June 1, 2012, impacts short sales with loans from non-government-sponsored enterprises in which the homeowner is eligible for the HAFA program. Key enhancements include: Time frame extended: The program has … Continue reading

Posted in HAFA Short Sales, Short Sales | Tagged , , , , , | Leave a comment