Comments on: Treasury releases changes to Short Sales Program http://phoenixnevalley.com/treasury-releases-changes-to-short-sales-program/ Michele Guss 480-235-4608 Sat, 07 Jan 2012 03:13:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Homer Gomingway http://phoenixnevalley.com/treasury-releases-changes-to-short-sales-program/comment-page-1/#comment-184 Homer Gomingway Wed, 30 Dec 2009 16:53:50 +0000 http://phoenixnevalley.com/?p=339#comment-184 If you're a homeowner facing a pending foreclosure, the government's Home Affordable Modification Program (HAMP) and its complementary Home Affordable Foreclosure Alternatives (HAFA) program could be your saving grace. However, it will take some effort on your part to reap the benefits of such programs. First of all, you'll need to call your mortgage company to find out if they participate in HAMP. If they do, you'll have to gather information such as your latest tax return, your last two pay stubs, a W-2, a monthly mortgage statement, and an explanation of why you are in need of assistance. You'll also need to fill out an affidavit form. You can find this form, as well as more information about the HAMP and the HAFA program at www.makinghomeaffordable.gov. You can also get free assistance from a certified housing counselor by calling the Homeowner's HOPE Hotline at 1-888-995-HOPE. When gathering your documents, make sure you make copies of all of your paperwork and keep the originals whenever you can. Put your name and loan number on all your documents, and keep a record of what you've sent and when you sent it. When mailing documents, it might be worth a little extra money to send them via certified mail. If you can manage to send them all at once, you'll only incur the one-time extra charge. Homer Gomingway www.gohoming.com If you’re a homeowner facing a pending foreclosure, the government’s Home Affordable Modification Program (HAMP) and its complementary Home Affordable Foreclosure Alternatives (HAFA) program could be your saving grace. However, it will take some effort on your part to reap the benefits of such programs.

First of all, you’ll need to call your mortgage company to find out if they participate in HAMP. If they do, you’ll have to gather information such as your latest tax return, your last two pay stubs, a W-2, a monthly mortgage statement, and an explanation of why you are in need of assistance. You’ll also need to fill out an affidavit form. You can find this form, as well as more information about the HAMP and the HAFA program at http://www.makinghomeaffordable.gov. You can also get free assistance from a certified housing counselor by calling the Homeowner’s HOPE Hotline at 1-888-995-HOPE.

When gathering your documents, make sure you make copies of all of your paperwork and keep the originals whenever you can. Put your name and loan number on all your documents, and keep a record of what you’ve sent and when you sent it. When mailing documents, it might be worth a little extra money to send them via certified mail. If you can manage to send them all at once, you’ll only incur the one-time extra charge.

Homer Gomingway
http://www.gohoming.com

]]>