What is Freddie Mac’s HAFA Program and How Do I Qualify?
If you have a mortgage secured by Freddie Mac and are facing foreclosure, you’re in luck because they just released their own version of the HAFA Program and the qualifications required to be a part of this program. You may be asking yourself, “What the heck is HAFA? “. HAFA stands for Home Affordable Foreclosure Alternatievs and it is an extension of the HAMP (Home...
Read MoreHow to Get Paid Cash For Doing a Short Sale in San Diego?
If you haven’t heard yet, there’s been a big change in the housing market. Homeowners are now being offered $3,000 CASH to avoid the foreclosure process through a short sale or deed-in-lieu of foreclosure. This development comes through a new program called Home Affordable Foreclosure Alternatives (HAFA). It adds even more of an incentive to avoid the foreclosure process—a...
Read MoreDo I Qualify for Obama’s HAFA Program?
The Obama administration recently announced the Home Affordable Foreclosure Alternatives Program to Help San Diego Homeowners Avoid Foreclosure. We have been getting a lot of calls lately form homeowners who are wondering if they qualify for this program. Below are a few of the requirements for this program: The property must be your principal residence. Investment/tenant occupied properties...
Read MoreNo More CA State Tax on Forgiven Debt from Short Sales
The State of California just passed a new bill that will help ease the pain on homeowners who short sale their homes. Up until April 12th, if you did a short sale on your home, you were liable for paying state taxes on the difference between what you owed the bank and the net payoff the bank received from the short sale. This is known as forgiven debt. Thanks to Senate Bill 401, you may now be...
Read MoreIs it possible to do a short sale without going late on my payments?
Did you know that YOU CAN do a short sale, even if you are current on your mortgage payments? To find out more about how this is done, watch the video below: Kyle Whissel San Diego Real Estate...
Read MoreHAFA Program Helps San Diego Homeowners Avoid Foreclosure
For complete details on this program, click the link below or give us a call: Home Affordable Foreclosure Alternatives (HAFA) Brochure For more information on avoiding foreclosure, click the link below where you can download a FREE report: The Homeowners Guide to Avoiding Foreclosure in San Diego Kyle Whissel San Diego Real Estate...
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