Livermore Short Sale and the HAFA Short Sale Program
Your Livermore short sale specialists have some great information on the govt HAFA short sale program and the benefits to homeowners who are considering a Livermore short sale. Thanks for visiting us today. Wanted to talk a little bit about some of the impacts the HAFA program that actually can help benefit you as a homeowner. If you’re selling your property as a short sale. you can actually receive some cash back on this type of a program. The general HAFA program which is a government sponsored program, at the successful close of escrow they’ll pay you $3,000. Depending on who your particular servicer is, whether it’s Bank of America, Wells, Chase, they may actually pay you additional money on top of that $3,000. We have seen lenders pay out as much as $30,000 to homeowners at the close of the Livermore short sale. Lenders including Bank of America and Chase have been known to pay out up to $30,000 if you qualify and your property qualifies. Your servicer (the one you write the check to) has to participate in the program for you to apply.
If you’re not sure how that would work or what kind of money inducement you might be able to expect from your lender at the close of escrow, contact us. Again we’re your Livermore short sale realtors. You can reach us at www.EastBayShortSaleGroup.com. If you have any questions, we’re happy to answer those. And yes, short sales do close. We close a lot of them in the Livermore and Tri-valley area so contact us for more information.
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