Effective April 5, 2010, the government has added an update to the Making Homes Affordable Program that should be a real help for homeowners in distress who do not qualify for a loan modification.
The HAFA program, which stands for Home Affordable Foreclosure Alternatives, targets the implementation of Short Sales and Deed-in-Lieu of Foreclosure.
You can find complete information that was updated March 26th by following this link;
https://www.hmpadmin.com/portal/docs/hafa/sd0909r.pdf
The exciting part of this program is that should finally shorten the time it will take for a homeowner to get an answer from their lender, and provide some real direction in dealing with this overwhelming problem.
As you know, I have been assisting homeowners in distress for some time now, showing them that there are real alternatives to foreclosure. If you or someone you know needs more information, please visit my Website at
www.mike-bryantcanhelp.com
for valuable free information. Remember, I'm here to help.
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