Home Affordable Foreclosure (HAFA) Program, Albuquerque

Home Affordable Foreclosure (HAFA) Program, Albuquerque

Home Affordable Foreclosure (HAFA) Program This program ended at the end of 2016. If your mortgage payment is unaffordable and you are interested in transitioning into more affordable housing, you may be eligible for a short sale or a deed-in-lieu of foreclosure through HAFA.  The benefit of a HAFA short sale is you are no longer responsible for the difference between what you owe on your mortgage and the amount your home sells for.  You will also receive $3,000 in relocation assistance upon successful closing of your short sale. Eligibility You may be eligible to apply if you meet all of the … Continue reading...

What is Mortgage Relief Fraud? | Foreclosure Avoidance Scams

What is Mortgage Relief Fraud Mortgage relief fraud occurs when scammers target distressed Albuquerque homeowners seeking Albuquerque foreclosure help. These unscrupulous companies or individuals generally guarantee an Albuquerque short sale agreement or loan modification and charge an upfront fee to start the service.  There have been many reports of desperate Albuquerque homeowners spending thousands of dollars to get Albuquerque foreclosure help only to find that they had been taken advantage of, lied to, and end up in a worse situation than when they began. Albuquerque homeowners facing … Continue reading...

Albuquerque Short Sale May Be An Option To Avoid Foreclosure

Albuquerque Short Sale May Be An Option To Avoid Foreclosure An Albuquerque short sale may be the right option for many home owners looking to avoid foreclosure.  Many Albuquerque home owners are facing foreclosure increases as Albuquerque foreclosures are expected to increase 151%  from second quarter of 2011 to the third quarter 2011. This increase is the highest of all major metropolitan areas in the US.  There are 1358 homeowners facing foreclosure, according to this recent Realty Trac article.  Albuquerque tops the 20 markets where banks are pushing through a new wave of foreclosures to … Continue reading...

Albuquerque Short Sale Home Affordable Foreclosure

Albuquerque Short Sale

Home Affordable Foreclosure Alternatives (HAFA) Albuquerque Short Sale Are you struggling to make you house payment?  An Albuquerque short sale is one of many options for you to avoid foreclosure. A federal program called HAFA is a great option if you qualify.  Contact John Myers at 505 401-7500 to discuss all your options. Homeowner Benefits of HAFA Program Albuquerque Short Sale Compared to traditional Albuquerque short sale process: Quickest option for an Albuquerque short sale decision when there is no offer. Faster decisions: in 10 days once an offer is submitted for … Continue reading...

Albuquerque Foreclosure Help | Myers & Myers Real Estate

Albuquerque Foreclosure Help Reports of foreclosures by the millions have been in the national news so much in the past few years that to some, it might seem like the new normal. Foreclosure is financially and emotionaly devastaing for many Albuquerque and Rio Rancho homeowners each year.  Hundreds of home owners are behind in their motgage payments and are in need of Albuquerque foreclosure help. As a real estate agent who is in the trenches with financially stressed home owners every day, I can provide help to Albuquerque and Rio Rancho home owners facing foreclosure. The prospect of … Continue reading...