The Treasury moves to help Vandenberg military service members qualify for HAFA short sales.
The Treasury department has clarified guidelines for the HAFA short sale program for military service members who have a “Permanent Change of Station.” Previously that was not considered a hardship unless there was a decrease in pay. But many military families are upside down in their home and with a permanent change of station, if the service member does not have enough liquid assets to continue making the payments, this will now be considered a financial hardship so that Vandenberg military homeowners may qualify for a HAFA short sale and receive $3000 at closing. There no longer has to be a decrease in pay.
For more information about how the short sale process works, or about any other foreclosure alternatives you may qualify for, call us today. When we talk, we will explain how the process works in detail and answer any questions you may have.
Spencer & Margaret are Realtors and owners of Ocean Breeze Real Estate and are a Certified Distressed Property Expert (CDPE) team.
Phone: 805-709-7646 & 805-709-8535. Email: OceanBreezeRE@gmail.com.
View our homes for sale at www.OceanBreezeRealEstate.com.
This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.
Spencer & Margaret Morris specialize in short sales in Pismo Beach California and all of Five Cities, Santa Maria and the Central Coast California.
