…You Can Now LOWER Your Mortgage Balance
To Todays’ True Value…
And STAY IN YOUR HOME
HAFA have developed a Short Sale Buy Back Program. Here are the salient points:
The Non Profit Organization we work with makes a short sale offer on the home. The offer is for all cash.
The Non Profit will handle all the processing and negotiation of the short sale for the listing agent. This allows the listing agent to go out and find more listings.
When the short sale is approved, the Non Profit buys the property.
The former owners then lease the property with option to buy. The Nonprofit Organization will hold the property for up to three years. That should be enough time for the family, with help, to repair their credit so that they can qualify for a new mortgage.
You can buy back the house at any point in those three years.
Any and all appreciation is the property of the owner
THE HAFA SHORT SALE BUY BACK PROGRAM IS SPONSORED THROUGH A NON-PROFIT 5013-C
in conjunction with Stabilization Home Affordability Revitalization Program.