A Foreclosure Alternative That Allows You To STAY In Your Home!

 Contact Us Today!  619-777-6576

Do NOT Let Your Home Foreclose!

Recent US Treasury changes provide an opportunity for you to short sell your home and lease it back!

You DON’T PAY ANY COMMISSION or FEES… The bank does!!

A short sale occurs when a property is sold for less than what is owed on it and the bank agrees to accept less that the full amount owed on the loan.  This allows homeowners an opportunity to avoid foreclosure and the negative consequences associated with it.

This unique program offers:

        • An Alternative to Foreclosure
        • No Need to Move
        • The Opportunity to Lease Back Your Home
        • FREE HUD Counseling assistance

In recent years, banks and servicers have required that a short sale be an “arm’s-length” transaction, meaning the buyer and seller could not be related and could not have a prior agreement for the homeowner to stay in the property.

In 2011, changes to the federal Home Affordable Foreclosure Alternatives short sale program opened the door for a short sale without the arm’s-length requirement. The U.S. Treasury Department in March 2011 issued a supplement to its HAFA guidelines to allow “servicers the discretion to approve sales to non-profit organizations with the stated purpose that the property will be rented or resold to the borrower, so long as all other HAFA program requirements are met.”

The Short Sale Lease-Back Program was created in the wake of that change to allow a qualified homeowner to sell their property and lease it back for a period of up to three years!

This short sale lease back program offers an attractive solution for homeowners who cannot afford their homes, but have valid economic hardships and steady incomes to afford a lease payment.

Contact Us Today! 619-777-6576

Short Sale Lease Back Details

        • You must work with a real estate agent who is trained and certified by the Short Sale Lease-Back Program.  Our team is trained and certified to work together with you on this program!

        • A qualified non-profit will purchase the home in a short sale.

        • You will then rent the home back for a minimum of three years, allowing you to rebuild your credit and get into a position to purchase a property again.

        • You must attend ongoing HUD and financial-literacy counseling (all provided FREE with the program) and speak with legal and tax experts to ensure the program is the right fit.

        • If approved, you can lease the property for up to three years.

        • Not all homeowners qualify for the program.Borrowers must have sufficient income to afford the monthly rent payments in addition to their other debt payments.

        • Homeowners who don’t qualify for this program can still proceed with a traditional short sale, which may include a relocation incentive from $2,500 to as high as $45,000, depending on their lender, loan amount and individual situation.

Either option is better than a financially devastating foreclosure, which can crush your credit, leave you financially responsible for the remaining balance, and potentially even impact your job.


Do You Qualify?
        • Your home must be located in California.
        • You must live in the property as your primary residence.
        • You must have steady, verifiable income.
        • You need a valid hardship and be able to qualify for, and complete a short sale


Contact Us Today! 619-777-6576