A Resource to Help with Short Sale Problems

The National Association of REALTORS® has created new resources to assist REALTORS® and consumers navigate the short sale process and help homeowners on the verge of foreclosure.

The new program will provide REALTORS® with the resources they need to navigate short sale transactions, and provide access to helpful government programs designed for home owners facing the process of a short sale.

On April 5, 2010, the U.S. government will implement the Home Affordable Foreclosure Alternatives Program (HAFA). Part of the Home Affordable Modification Program, HAFA was created to assist home owners who are unable to keep their home under HAMP. Certain requirements must be met for a homeowner to participate. There will also be incentive payments for homeowners and servicers.

NAR has released a brochure about the Home Affordable Foreclosure Alternatives Program, as well as  additional online resources.

There may be many people who are struggling to pay their mortgage but you may be one of many who are eligible for the new Home Buyer Credits. Please go to tax credit information for more details. This opportunity could help change your life for the better.

Allow me to help you explore the many wonderful opportunities to purchase a home in Hoboken. Whether it be a lovely condo, brownstone, Classic Victorian or anything in between; I guarantee you there is a home for you. Please contact Eddie Perez, Broker-REALTOR, CDPE. Eddie’s market includes Hoboken, Jersey City, Weehawken and Union City.  Eddie can be reached at eddie@InvestHoboken.com or 201-344-2886.

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