858-345-3825If you’ve just received an email from your bank stating your automatic payment for your mortgage has been deducted from your account then you are probably like a lot of others Americans. The idea of having the bank automatically deduct that money is seamless, yet in this market so complex.
Posts Tagged as Real Estate
Strategic Default
Approval Expert Friday, May 28th, 2010 No Comments
Posted in Blog, Featured, Short Sales
Tags: Agent, Carlsbad, Carmel Valley, force default, Foreclosure, free mls, La Jolla, Mortgage, Rancho Santa Fe, Real Estate, San Diego MLS, sell, Short Sale, Short Sales, Solana Beach, strategic default, walk away
HAFA – Home Affordable Foreclosure Alternative
Approval Expert Friday, April 9th, 2010 1 Comment
What is HAFA:
HAFA is newly instated government-subsidized plan to give homeowners additional alternatives. HAFA, which stands for Home Affordable Foreclosure Alternatives, is a program designed for distressed homeowners who would like to sell their homes and avoid a foreclosure. This is program is for homeowners who owe more on their mortgage than the actual value of the home. What HAFA does is allow a participating lender to pre-approve the terms of the short sale and give the borrower at least 4 months to market and sell the property under a licensed real estate professional.
Posted in Blog, Featured
Tags: Agent, Banks, buy, Buyer, Buyers, Carlsbad, Del Mar, Encinitas, Financial Assistance Programs, HAFA, HAMP, La Jolla, Loan Modification, Move to San Diego, Rancho Santa Fe, Real Estate, Realtor, Relocate, San Elijo Hills, San Marcos, sell, Short Sale, Short Sales, strategic default