Hi, I’m Jason Zweigle here with ShortSaleSlayerz.com. We’re one of Northern California’s premiere short sale teams. Thank you very much for visiting our website. Today we’re going to talk about the Chase Bank HAFA short sale program. Chase is participating in the HAFA short sale and if you don’t know what the HAFA short sale is, let me explain it real quick. The HAFA short sale is a short sale program that the federal government came up with from the HAMP program. It’s kind of a sister product to the loan modifications that were such a colossal failure. The federal government realized that short sales were a way to dig ourselves out of this and it’s a viable option to foreclosure and in fact probably the best option to foreclosure.
Now Chase and the other larger banks are actively participating in the HAFA short sale program and the HAFA short sale program essentially guarantees you $3,000 at close of escrow for moving expenses. Also both lenders will agree to forgive the remaining balance of the short sale. Now recently you may be aware of the new senate bill that was passed in California which lenders automatically if they agree to do a short sale in California, they have to forgive you of the balance. So HAFA short sale with Chase gets you $3,000 for moving expenses, complete forgiveness of any of the debt. You’ll be able to walk away free and clear.
Chase is a great bank to work with and the HAFA program. They move pretty swiftly and are pretty efficient in their decision making process. There is a lot of information about the HAFA short sale program with various banks.
Please give me a call so we can talk about the details. Our number is 1-800-646-0362 or you can fill out our information below. Check out our new mortgage calculator. It’s a short sale calculator that tells you what your home is worth, how far underwater you are and how long it would take you to get out of the debt that is your home right now. It’s a great tool and it’s free. Have a great day, thank you very much.
