New programs for seller needing help with their payments. There are programs: Home Affordable Alternatives Program (HAFA). It provides financial incentives to servicers and borrowers who utilize a short sale or deed -in lieu (DIL) to avoid foreclsoure on a HAMP -eligible loan.
To find out if your eligible call Rhonda 352-266-2637. There is paperwork that need to be filled out and Rhond will advise you on your options.
You can get pre approved for a short sale prior to listing your property.
They will require the borrower to be fully released from future liability for the debt.
Borrower could receive financial incentives.
With all the programs out there you need to have someone on your side. That is knowledgeable of the short sale process. You need to know the consequences. Call Rhonda for a FREE brochure Foreclosure vs Short sale consequences 352-266-2637.
Remember a DIL- Deed in lieu of foreclosure = FORECLOSURE consequences
I am Ocala’s short sale specialist. Give me a call. I am here to help you. 352-266-2637