New HAFA Changes

As of February 1, 2013 the HAFA rules have changed a bit.  Tenants of a property can now qualify for the $3,000 relocation asst. program that was originally offered to just primary residence home owners.   So this also means you can complete a HAFA Short Sale on your home if it is an investment property.

Why would you want to completed a HAFA Short Sale? With a completed HAFA Short Sale the banks, both your first and second have to completely release you of all remaining debt on your property.  They cannot ask for money from the seller at closing or ask the seller to sign a promissory note.  The first lien holder will also allocate up to 6% of what is owed to the second loan.

If you feel like you had no hope in doing a short sale for your investment home in Las Vegas than you have not talked to the right person.  Call The Amanda Brown Team, at Nevada Realty Solutions for some help, 702-496-7416.  We helped 117 homeowner last year avoid foreclosure by doing a short sale and getting released of all the debt.

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Don't pay out of pocket for high attorney fees, we offer a free 30 minute legal consultation

The Amanda Brown Team
Nevada Realty Solutions
Amanda Brown
702-496-7416
brownnvrs@gmail.com
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