The Spangler Group
Realtors®
All the Experience you Need!
Contact Info - Tel: 888-999-8449 \ Fax: (702)933-9007 \ Dir: (702)604-2106 / Send eMail
Presidents 2007 bill set to expire in 2012!
HAFA Provisions
Allows borrowers to receive pre-approved short sales terms before listing the property (including the minimum acceptable net proceeds).
Requires borrowers to be fully released from future liability for the first mortgage debt (no cash contribution, promissory note, or deficiency judgment is allowed).
Uses standard processes, documents, and timeframes/deadlines
Provides the following financial incentives:
HAFA Provisions
Allows borrowers to receive pre-approved short sales terms before listing the property (including the minimum acceptable net proceeds).
Requires borrowers to be fully released from future liability for the first mortgage debt (no cash contribution, promissory note, or deficiency judgment is allowed).
Uses standard processes, documents, and timeframes/deadlines
Provides the following financial incentives:
- $3,000 for borrower relocation assistance;
- $1,500 for servicers to cover administrative and processing costs;
- Up to $2,000 for investors who allow a total of up to $6,000 in short sale proceeds to be distributed to subordinate lien holders, on a one-for-three matching basis.
In order to qualify for this program, you must list your home with a licensed Real Estate agent.
Contact us and we'll review the terms to qualify and send you information links that can help you better understand the Short Sale process..
- Realty One Group
DRE License# 34913
- 10750 W. Charleston Blvd #180
- Las Vegas, NV 89135
- Tel: 888-999-8449
- Fax: (702)933-9007
- Dir: (702)604-2106
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