BOFA and the TAP program in San Diego & Chula Vista

BOFA and the TAP program in San Diego & Chula Vista 

Ever since the TAP (Transition Assistance Progam)  program started BOFA (Bank of America) many Home Owners in the verge of foreclosing have been helped by it. 

BOFA has sent this new announcement and I believe if you have a need to do a Short Sale in San Diego or Chula Vista we are here to help you.  

Please read ahead and see what BOFA says about the TAP.

As of December 5, 2013 Distressed California Homeowners May Qualify for California's Keep Your Home California Transition Assistance Program (TAP) If your financially distressed California clients can no longer afford their homes and are pursuing a short sale or a deed in lieu of foreclosure, they may be eligible for financial help with their relocation to alternative housing. The funds come from the Transition Assistance Program (TAP), part of the Keep Your Home California Program. The state of California is providing up to $5,000 in transition assistance to qualified homeowners who can no longer afford to stay in their homes.  You can help by advising your distressed clients that they must:  Apply for the funds through their state's website or by calling 1.888.954.5337.   Maintain their property until their house is sold or returned to the lender via a negotiated deed in lieu of foreclosure. For qualified homeowners, these state funds may be used in addition to any other transition assistance that the homeowner may receive by participating in the Federal Home Affordable Foreclosure Alternatives (HAFA) program or in any other pre-offer short sale program. To learn more about the Transition Assistance Program's guidelines, and how your clients may qualify, please visit that program's website at http://keepyourhomecalifornia.org.  You can also direct your clients to call 1.888.954.5337 and identify themselves as Bank of America customers.

SHORT SALE UPDATE WITH BANK OF AMERICA

Brought to you by   SANDIEGOHOUSESHOP.COM   (619) 354-4636    or Click here http://www.sandiegohouseshop.com/contact to Reach a CHULA VISTA AND SAN DIEGO  SHORT SALE SPECIALIST     Hugo Sanchez Realtor

SHORT SALE UPDATE WITH BANK OF AMERICA 

Are you an agent Dealing with BOFA? 
Are you working with a Cooperative Shirt Sale?  
You may want to read this one.
This update came directly from BOFA couple days ago.  

The Bank of America Cooperative Short Sale Program may be able to help your clients complete a short sale if they owe more on their mortgage than their house is worth and do not qualify for the Home Affordable Foreclosure Alternatives (HAFA) short sale program. This program can streamline the approval process and offers financial assistance to help homeowners with relocation and moving expenses. As of January 15, 2013, there will no longer be a temporary foreclosure hold during the Cooperative Short Sale property marketing phase. We may begin or continue the foreclosure process up until a submitted offer to purchase the property is approved by all relevant parties.  Any existing short sale will not be impacted by this change. Please remind homeowners to pay close attention to foreclosure notices.To learn more about the program view the quick reference guide on the Agent Resource Center. For questions about active Cooperative Short Sales, please contact your short sale specialist. If you are a client in need of help please let us know we would love to help you and guide you through the Short Sale Process.  http://www.sandiegohouseshop.com/sell Do you want to know the Short Sale Facts for Short ?  Click Here  HAFA program Explained?  Click Here Do you Qualify for a Short Sale?  Click Here  MFDRA More info click here  Did You received an N.O.D. Click Here