The Mortgage Forgiveness Debt Relief Act is set to expire this year (2012). Here are some answers to Frequently Asked Questions about this Act:
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Reason #1: Not All Programs are the Same
While the basic concept behind a short sale is the same regardless of your situation, there are different types of short sales available. For those who qualify, for example, the Federal government’s HAFA program will also provide you with $3,000 in relocation
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There is a huge difference between life AFTER foreclosure and life WITHOUT foreclosure!
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Reason #1: Not All Programs are the Same While the basic concept behind a short sale is the same regardless of your situation, there are different types of short sales available. For those who qualify, for example, the Federal government’s HAFA program will also provide you with $3,000 in relocationReason [click to continue…]
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