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Making Home Affordable Program Extended Through 2015

The government program Making Home Affordable, which has assisted over one million U.S. homeowners, was originally scheduled to lapse at the end of 2013. However, the U.S. Treasury announced on May 30 that it is extending the program for two more years.   Accordingly, the program is now scheduled to continue until at least December 31,

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Posted in Real Estate Law
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HAFA Available for Investment Property

We are often asked by prospective clients who are facing foreclosure about their short sale options. One of the most popular short sale options is the Home Affordable Foreclosure Alternatives (“HAFA”) program offered by the U.S. Departments of the Treasury & Housing and Urban Development.

One of the great advantages of the HAFA program is that a HAFA short sale completely releases you from your mortgage debt after selling the property.

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Posted in Real Estate Law
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