|
The Team Cook Chronicle- News You Can Use
BEHIND ON PAYMENTS? THE GOVERNMENT'S HOME AFFORDABLE FORECLOSURE ALTERNATIVES PROGRAM IS HERE...AND YOU NEED AN ADVOCATE! UNDERSTANDING HAFA - NEW ALTERNATIVES ARE AVAILABLE! What if you didn’t have to fight foreclosure alone?
Truth is, you don’t. The government’s newest program, Home Affordable Foreclosure Alternatives (HAFA), has been put in place to provide you with better solutions, including more efficient short sales or deeds-in-lieu of foreclosure.
Short sales and deeds-in-lieu can help to settle your mortgage debt, clear your mind of stress, and save you and your family from the financial challenges of foreclosure. The government also offers a $3,000 homeowner incentive to help with getting relocated and moving on with your life.
To find out if you are eligible for this program, download this free report at my site: http://www.hosted.cdpe.com/68680 or Call 970-532-5900 If you or anyone you know is facing foreclosure and looking for answers, please contact me. As a Certified Distressed Property Expert, I can show you how to take advantage of this new, dignified solution.
Financing Your Home >Owner Financing
If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.
Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.
Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.
|
| Q |
What group of settlers introduced the log cabin to the New World?
|
| A |
The Swedish settlers of Delaware brought their own timber for building log cabins, a style that originated in Finland. |
 See More Real Estate Trivia > |
|
|
ASPEN HOMES OF COLORADO
Selling the most affordable NEW CONSTRUCTION in all of Colorado!
Find Out More >
|
|
- NUMBER1EXPERTS™ 
