Here is video 7 of the 9 FREE video answering The Questions You Should Know (about short sales) you didn’t think to ask. Today we go over HAFA. That is the Home Affordable Foreclosure Alternative. I found a video that does a great job explaining and look forward to answering your questions.
Basically with the government coming out with HAFA they have admitted HAMP was a failure. HAMP is the modification program. Banks are only modifying notes for people that don’t need it! How does this help? They are also fooling a bunch of people when they give modifications to borrowers with ARM’s. For example, I was given a loan mod by B of A 2 years ago. I thought AWESOME! No, it was a BUMMER. If I wold have stayed in my ARM then last August when my load adjusted I would have gone from 5% to 3%. That is a 40% reduction in interest paid. How would you like your payment to go down by around 40%
All these ARM’s resetting, most are resetting to 3%.
Are you a Seller Looking to sell your home in a Short Sale? Before you act, know your options. We have videos that walk you through the process in the privacy of your own home at what every time you wish to watch as many times as possible!
the links below will take you there:
Before Foreclosure and Short Sale: What are my Options?
Before Foreclosure and Short Sale: Save my Home!
Before Foreclosure and Short Sale:
Before Foreclosure and Short Sale: Save my Credit Through Short Sale
Before Foreclosure and Short Sale: Last Step – How to Clean up My Credit!
Or for a Free 1 hour consultation and a referral to an Attorney for 5-10 minute Free consultation call me at 480-502-7699 or click here to contact me!
Are you a buyer looking to purchase a Short Sale Home at a Great Price? If so, you want to be aware of the fact that some listing agents continue to search out other buyers, keep the home on the market for sale, have other offers and when they get a response from the bank they go back to ALL the buyers looking for highest and best. When you buy a Short Sale, you want an agent that knows the ins and outs. What to look for to secure as the only buyer for that home, The Cameron Team and our buyer specialists are experts in Short Sales and Bank Owned Foreclosure homes. We know the tricks and are your best choice. Call 480-502-7699 or email Jeff@TheCameronTeam.com
480-652-2004