Today, 1 out of every 10 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged.
Bradley Group Realtors
We are Local and Proven Short Sale Professionals. We have found that homeowners today have more questions than answers about their circumstances. We have created this site to help you understand the possible solutions to foreclosure, as well as provide a detailed explanation of short sales, which may be the best course of action for some homeowners.
There are many FREEYou may also have noticed that we are offering you a FREE Report to explain your options and help you decide on a course of action. The idea of losing a home can be overwhelming, and we feel it is vital for you to have all the facts necessary to make an informed decision.
As an agent with the CDPE® Designation, I have a strong and unique appreciation of the factors affecting themarket, and know that there are options available to you.
Thank you for visiting this site and having the courage to act in the face of your challenges. Please give us a call to schedule a free consultation at 571-379-5424.
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Who is eligible for HAFA?
Most homeowners in facing financial hardship are eligible. As a rule, if a homeowner is eligible for HAMP but cannot pay the mortgage, then he or she is eligible for an assisted short sale through HAFA. However, loans owned or guaranteed through Fannie Mae or Freddie Mac do not qualify. Servicers must consider possible HAMP eligible borrowers for HAFA within 30 calendar days if the borrower has one or more of the following criteria:
- Does not qualify for a HAMP Trial Period Plan
- Does not successfully complete a HAMP Trial Period Plan
- Is delinquent on a HAMP modification by missing at least two consecutive payments
- Requests a short sale or deed-in-lieu
Want to know if you qualify for HAMP (loan modification) or HAFA (short sale)? {{ Click Here! }}