YES, you can get PAID UP TO $30,000 to short sell!
There are several Government programs available to assist in relocation after a Short Sale. In addition, there are bank specific programs available that will pay up to $30,000 to do a short sale.
HAFA Program:
- HAFA stands for Home Affordable Foreclosure Alternatives (HAFA)
- Completely releases you from your mortgage debt after selling the property.
- Provides up to $3,000 in relocation assistance.
- Has a less negative effect on your credit score.
- We take all of our clients through this program first, if possible.
FHA/VA Programs:
- The HUD department offers a pre-foreclosure short sale program and relocation assistance from $750-$1,000 to complete a short sale.
- Government loans such as FHA and VA are time consuming and sometimes difficult to navigate, depending on the lender.
Save Our Home AZ:
- Offers mortgage reinstatement and payment assistance programs.
- Offers principal reduction assistance to qualified homeowners.
- Offers up to $4,500 in relocation assistance for short sales and in addition will assist in paying off additional mortgages. If combined with HAFA, will provide a total of up to $4,500 minus any HAFA funds received.
- Will assist in paying buyer closing costs up to 3%.
Bank Specific Co-Op Programs:
- Several banks have co-op programs that will pay anywhere from $2,500 – $30,000 to do a short sale.
- The process is a little different than a traditional or HAFA short sale. Contact us today to see if you qualify.
Preferred Real Estate Partner:
A short sale is a complicated process. After meeting with a Real Estate attorney, at no cost to you, if it is determined that you should attempt a short sale, our preferred partner is Strong Tower Real Estate Group, the #1 source for real estate information. You can visit them by clicking on their logo below or contact them at 480.719.3313.
