Relocation Assistance for a Short Sale?
Yes. there are monetary incentive programs for struggling homeowners who wish to obtain a short sale. The Transition Assistance Program (TAP) is currently the most popular relocation assistance program, with new funding announced in April of 2016. Some of the largest lenders have their own private programs for veterans, seniors and special needs homeowners. These programs may offer up to $30,000 for relocation expenses. To learn more about current programs or to enroll, call Real Property Solutions at 347-276-5186.
In previous years, the most common and popular incentive program was the Home Affordable Foreclosure Alternative Program (HAFA). The HAFA program expired at the end of 2016 and there have been no current attempts by the government to renew it.
Real Property Solutions will always apply for all relocation assistance programs during the short sale process.