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  • My husband and I bought a house for $240,000 in 2006, financed through SunTrust.  In 2009, we suffered a financial and medical hardship and we asked SunTrust for a shortsale.  We had never been late or missed any mortgage payments and miraculously SunTrust approved our shortsale and we sold our home for a significant loss of $149,000 in 2010.  We had originally looked into loan modifications etc... My question is, were we entitiled to any money from this type of programs for doing a short sale? I don't know enough about these programs but I heard that the government was offering lenders and homeowners compensation for completing a shortsale?

    Thanks!

  • Thank you both so much, got what I need now.

    Rain

  • Rain,

    Attached is the HAFA financial and 4506-T IRS form. I have my clients write their hardship letter and print it out.

    Hope this helps.

     

    Nancy Fung Martin

    HAFA forms.pdf

    IRS 4506 T Tax request form.pdf

  • Rain. The forms are available in the HAFA group on this site. Always check our groups first as most have the applicable forms.

    http://shortsalesuperstars.com/group/hafahomeaffordableforeclosurea...

     

    Click on forms and guidelines

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