GOOD NEWS! …You Can Now Short Sale your Orlando property and stay in your home. HAFA has developed a Short Sale Buy Back Program. Here are the main 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 Orlando 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.
For more information on the “Keep Your Home Short Sale” contact us for a free consultation
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