Wednesday, August 17, 2011

FHA/HUD can assist you in a short sale

FHA/HUD has recently updated their pre-foreclosure sales program offering homeowners a streamlined process for conducting a short sale. Two attractive aspects of the program are the ability for homeowners to complete a short sale with as little as 31 days being past due and cash incentives.

Below are some of the details, please contact us for a complete outline of the program including the benefits, requirements and qualifications:

  • Outstanding Indebtedness Includes; Unpaid Principle Balance + Delinquint Interest + Partial Claim (If Applicable)
  • HUD Will Pay Up To $1,000.00 to Borrower If Closed Within 90 days
  • HUD Will Pay Up To $750.00 to Borrower After 90 days
  • HUD Will Pay $1,500.00 to Junior Lien Holders
  • Approvals Based on As-Is Market Value
  • Damaged Properties Can Be Sold With Conditions
Prudential California Realty
For more info/details on this and other properties,
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