Archive for Distressed
HAFA Offers $3000 Cash Back for Short Sale
HAFA offers $3,000 cash back for homeowners who qualify for their Short Sale Incentive Program. The program was created in an effort to help homeowners who can no longer keep up with their mortgage payments avoid Foreclosure. The U.S. Treasury came up with the Home Affordable Foreclosure Alternative (HAFA) Program. This program allows the underwater homeowners who [...]
Bank Of America Shortens Decision Times on Short Sale Offers
Beginning Saturday, April 14 Bank of America will be ready to approve short sales in 20 days. Bank of America announced it’s making changes to its short-sale procedures that will shorten decision times on short sale offers to 20 days, down from 45 days or longer. The move could spare delinquent homeowners from months of [...]
Tips on How to Bid on a Short-Sale
A knowledgeable Buyer can pick up a great home at a favorable price by preparing for a real estate short sale. When a seller needs to sell their home for less than they owe on their mortgage, they’re shooting for a short sale. Short sale homes can sometimes be bargains, but only if you do [...]
HAFA Program March Updates “Tucson Short Sale Help”
The Obama Administration just announced some major updates to the Home Affordable Foreclosure Alternative Program, also know as H.A.F.A. The HAFA program is a government-sponsored initiative assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure through short sales and died-in-lieus. The HAFA updates will allow more distressed homeowners to seek assistance with [...]
RE/MAX EXcalibur 2012 Sales Rally Alex Charfen “Market Is Shifting”
Alex Charfen founder of Institute Of Certified Distressed Property Institute, CDPE, commented that Arizona has less than a month and half months inventory. There are investment opportunities everywhere with 12 percent cap rate. In Arizona, major lenders consider number of short sales are going through the roof and foreclosures have plummeted. Two lenders confirm the [...]
What Is Home Affordable Foreclosure Assistance or HAFA?
What is HAFA? The HAFA program was designed to help people that borrowed money to buy a home and now they find themselves owing more on the mortgage than the home is worth. This program was to assist the borrower that is in default or distress and is no longer able to make the mortgage [...]
Tucson Short Sale Consultants Help People That Need To Sale In Todays Market
Don & Kathy Vallee HELP…people figure out if they should consider a “Short Sale” Resolve to Face the Facts! Since 2007, 8.9 million homes have been lost to foreclosure and millions more are headed in that direction. As a real estate professionals who have earned the Certified Distressed Property Expert (CDPE) designation, our mission is [...]
Don Vallee Certified Investor Agent Specialist CIAS
FOR RELEASE: IMMEDIATE For more information, please contact: Don Vallee 520.544.5555 don@donvallee.com www.ValleeGoldTeam.com Local Agent Receives Training to Effectively Counsel Real Estate Investors, Provide Wealth-Building Strategies Tucson, AZ – January 2010– Don Vallee of RE/MAX Excalibur Realty in Tucson has earned the prestigious Certified Investor Agent Specialist™ (CIAS) Designation, having completed extensive training to understand [...]
Tucson Foreclosure Fears
Tucson Foreclosure Fears Reports of foreclosures by the millions have been in the news so much over the past few years that to some, it might seem like the new normal. ”This too shall pass”. But as a real estate professionals and Certified Distressed Property Experts, CDPE who are in the trenches with financially stressed [...]
Let’s Take A Look At Short Sales In Tucson Arizona
As recently as a few months ago, if you would have told us that we would be raving about a lender’s stellar service and rapid approval times – not to mention significant cash incentives for financially strapped homeowners for pursuing a short sale – we would have given you a strange look. It’s all different [...]
