$10,000.00 x 3 for my Temecula short sale clients | 951-217-6745
This month has been a good month for my Temecula short sale clients and tenants. I have been able to get 3 short sales approved via the Federal HAFA short sale program. That means at the closing I will be able to present a $10,000.00 check to each seller or tenant. In one of the properties the current tenant is getting the check. The check comes from the U.S Treasury as relocation assistance to the sellers or tenants,who ever is currently living at the property being sold via the short sale process.
Short sales are still a 90 day battle to get approved,but the short sale is one of the best options available when facing a foreclosure,or you must relocate and are unable to sell as a standard type of sale. The short sale offers you the control in a situation where you can no longer afford to stay in your home and you’re unable to sell it because you owe more than it’s worth.
Now in late 2015 short sales are no longer the norm, in fact short sales now account for less than 15% of the home sales here in the Temecula and Murrieta area. This has been the trend in most all 50 states. Equity is returning to most areas and the short sale market is fading fast. Most major lender have laid off or transferred their short sale staff to other departments. This has made getting short sales even harder and sometimes longer to get too approval.
If you find yourself or know someone needing a Temecula short sale specialist give us a call at Realty Works 951-217-6745. There is never any out of pockets costs to our clients needing our short sale services. We will check with the lender to see if you’re eligible for the $10,000.00 HAFA relocation incentive funds offered.