Central Floridas Premier Short Sale Real Estate Brokerage

           This is a FREE service. Real Estate Commissions are paid by the bank



                                    We negotiate with ALL Banks and Credit Unions 
  

            Time to short sell your home? Don't know what a short sale is?

A short sale happens when the amount of the outstanding loans are greater than the amount for which the home could sell. This may be due to many causes, but commonly is a result of a rapidly declining housing market. For many homeowners, a short sale is an ideal way to prevent foreclosure and in many cases can negotiate with the lender to write off the remainder of the loan. 
                                           
                                                             
      

HAFA - Home Affordable Foreclosure Alternatives                                              

In light of the rising number of property foreclosures in the United States, the government has expanded the Home Affordable Modification Program (HAMP) to include provisions and incentives for servicers to allow short sales as a positive option for eligible homeowners in default who wish to avoid foreclosure.

Participation in HAFA cannot save the homeowner from losing his or her property, but it can eliminate the effects of a foreclosure on the homeowner’s credit.
 
HAFA is designed for homeowners who have applied to HAMP for assistance but have had no success with their loan modification program. 

Under HAFA, the bank must agree to accept the proceeds from the sale of the house as payment in full, waiving their right to collect the balance of the loan from the homeowner.

Check eligibility for HAFA  HERE

Download the HAFA form HERE


Beware of imposter websites.  The correct address is www.makinghomeaffordable.gov
 





JR Kroll Realty is not associated with the government and our service is not approved of by the government or your lender.  Even if you accept this offer and use our service, your lender may not agree to change your loan.  If you stop paying your mortgage, you could lose your home and damage your credit.