Another Upper Marlboro, Maryland home listed By Steve Queen. Also, Another property that was accepted into the Homes Affordable Foreclosure Alternative Program (HAFA) by the bank. If you are interested in information about the Short Sale Process, The Homes Affordable Foreclosure Alternative Program (HAFA) or The Home Buying Process of any property in Maryland or the District of Columbia, please Call Steve Queen for your personal consultation at (202) 367-4348.
Please Use The Links Below For Home Listing Information On All Upper Marlboro Properties!
To view all available Upper Marlboro properties for sale please click here. To view all available Upper Marlboro foreclosure properties please click here. To view all of available Upper Marlboro short sale properties please click here. To view all available Upper Marlboro single family homes please click here. To view all available Upper Marlboro condo & townhouses please click here. To view all properties through out Maryland, Virginia and the District of Columbia please click here.
|1008 Wood Branch Ct # 406 Upper Marlboro, MD|
|This stately 3 bedroom 2 1/2 bath garage town home is located in the highly sort after watkins Place. The main level shows like like a model and boast an incredibly spacious living room. This level also includes an eat in gourmet kitchen with 42 inch cabinets, a built in Microwave, a pantry and a sliding door to the balcony to enjoy your morning coffee. The master suite includes a spacious walk in closet and a master bath with a separate shower, dual vanities and linen closet. This home includes recessed lights, new paint, a fireplace a garage, and much much more. Call Steve Queen at (202) 367-4348 for your personal tour.|
Upper Marlboro Homes Single Family Homes Condo / Townhomes
Foreclosures Short Sales Real Estate Blogs!
This important information was sent out to short sale agents with in Bank of America's data base. I have used the homes affordable foreclosure alternatives program for my clients in many of my short sale transactions. If accepted, this program will not only help the seller to obtain up to $3,000 for relocation fees. This program will also assist the seller with having the deficiency difference between the net amount owed to the bank from the short sale and the original loan amount waived. This program can be a win win situation for many homeowners. Under the HAFA program you are required to work with a Realtor. Give Steve Queen a call with any questions at (202) 367-4348.
Is the Home Affordable Foreclosure Alternatives program right for me?
The Home Affordable Foreclosure Alternatives (HAFA) program was developed to give homeowners a way to settle their mortgage debt without going through a foreclosure.
The goal of this program is to help you sell your home in a short sale and settle your mortgage debt if you owe more on your mortgage than your house is worth and are unable to qualify for a home loan assistance program.
This federal government program streamlines the short sale approval process and offers financial assistance to help you with relocation.
You may be eligible for the Home Affordable Foreclosure Alternatives program if:
the property is your current principal residence, OR the property has been vacant or rented out for less than 12 months, and you have not bought another principal residence during that time.
the amount you owe on your first mortgage for your property is equal to or less than:
- $729,750 for 1 unit
- $934,200 for 2 units
- $1,129,250 for 3 units
- $1,403,400 for 4 units
you owe more on your home than it’s worth
your current mortgage was taken out on or before January 1, 2009
you are experiencing a hardship (such as a job loss, divorce or medical emergency) and are unable to afford your current home loan
Program at a glance
Step 1: Call us to request a HAFA short sale and update us on your current financial situation. We’ll review your information and check your eligibility for a Home Affordable Modification or any other home retention program that would enable you to stay in your home.
Step 2: If you don’t qualify for a modification and want to sell your home, we’ll work to gain approval of your first mortgage HAFA short sale request. If you have a second mortgage with another lender, you will have to ask them for approval.
Step 3: You will be given time to market and sell your home — typically 120 calendar days. You are required to work with a licensed real estate professional.
Step 4: Once you receive an offer, you have 3 calendar days to submit a Request for Approval of a Short Sale document as well as the offer letter. We’ll get back to you with a decision on the offer within 10 business days.
Step 5: If the offer is accepted, your house is sold and your mortgage and any other loans against the home are settled from the proceeds of the sale.
Get more details on the steps of a HAFA short sale.