What is HAFA?
The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative announced in November 2009 overseen by the US Treasury Department and administered by Fannie Mae (Fannie) assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure, specifically through short sales (SS) or deeds-in-lieu (DIL) of foreclosure. As of April [...]
Continue Reading →Oftentimes, as a Top New Jersey Real Estate agent, I help homeowners like you understand and evaluate their next move when it comes to falling behind on mortgage payments. Rest assured that help is available and it comes in different forms. Please know that I understand what you are going through.The market changed [...]
Continue Reading →Many homeowners facing foreclosure determine that they just can’t afford to stay in their home. If you plan to liquidate your home but want to avoid foreclosure (including the negative blemish that will appear on your credit report), consider a short sale or a deed in lieu (DIL) of [...]
Continue Reading →I don’t qualify for loan modification, now what? On November 5, Fannie Mae announced its new Deed-for-Lease Program (D4L) that allows eligible borrowers facing foreclosure (or their tenants) to stay in their primary residences.
Under D4L, the borrower transfers ownership of the property to the lender through a deed-in-lieu of foreclosure and the borrower (or [...]
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- Weichert, Realtors
- Audeliz Angie Perez
- 123 Lincoln Highway
- Edison, NJ 08820
- Office: 732-494-6800
- Fax: 732-603-9626
- Cell: 973-715-6210
