Short Sales…Discrete, Dignified, Graceful Exit…Alternative to Foreclosure!
As real estate professionals we have spent the last several years helping homeowners avoid foreclosure in this ever changing economy…. We can finally say____Washington DC is waking up! The major networks and newspapers are advertising Short Sales…..could it be because…… As of the first of the year 24% of homes in America with mortgages were underwater….negative equity. 1 in 4 homes are upside down in equity. Simply put, if you walk outside your front door and turn either way, every 7th house=homeowner is in default. Better know as pre...
Read MoreNAR Jeff Lischer Executive Talks About HAFA Short Sales
This is great news from the organization that represent Realtors nationwide. Listen to Jeff Lischer Top NAR Executive Talk Candidly About HAFA Short Sales
Read MoreShort Sale Questions…Kris & Kim Darney Answer What's HAFA
Kris and Kim Darney answer most frequently asked questions from homeowners that are considering a Short Sale. As of 2009 more than 11.3 million residential properties fell into negative equity. That equals 24% of all homes in America with a mortgage. Consider walking outside of your front door, and realizing that 1 in 7 of your neighbors are in jeopardy of foreclosure. Questions regarding tax ramifications are high on the list. We’re not CPA’s, but do understand the mortgage debt relief act that President Bush put in place in 2007 that works with the IRS to eliminate any Capital Gains...
Read MoreMore on HAFA…Kris & Kim Darney Talk About Benefits to Home Owners Doing Short Sales
Kris and Kim Darney highlight HAFA….Home Affordable Foreclosure Alternative rolled out April 5th by our Treasury Department as an extension of HAMP….Home Affordable Modification Program. Some of the highlights of HAFA include an incentive of up to $3000 for relocation costs that is paid to the home seller at close of escrow with a successful short sale. Non recourse settlements are also a huge benefit to the homeowner under the new program. If you are looking for alternatives to foreclosure, a short sale may be the answer. We will schedule a discreet confidential meeting with you to...
Read MoreCorrection…HAFA Does Help Home Owners with 2nd and 3rd Liens
In a Recent article in the Inland Valley Daily Bulletin…the article stated that home owners with 2nd liens will not be helped under HAFA… Actually…HAFA really comes to the rescue of the Home owner with 2nd liens…call us and we can talk about it.
Read MoreFeds Help with HAFA…Kris & Kim Highlighted
Real estate specialist Kris Darney on Thursday walks through a Rancho Cucamonga home whose owners are hoping it will be purchased in a short sale instead of being lost to foreclosure. (Mediha Fejzagic DiMartino/Staff Photographer) Read more:http://www.dailybulletin.com/news/ci_14814460#ixzz0k9pQ41gK Feds aim to ease pain New U.S. program to start Monday Sandra Emerson, Staff Writer Created: 04/03/2010 07:08:53 AM PDT Short sales have become more appealing to homeowners who are underwater on their mortgage and are looking to get out without going into foreclosure. But the time it takes to...
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