Thursday, March 20, 2014

Distressed California Homeowners May Qualify for California's Keep Your Home California, Transition Assistance Program (TAP)
If you're a financially distressed Californian and can no longer afford your home and are pursuing a short sale or a deed in lieu of foreclosure, you may be eligible for financial help.

The funds come from the Transition Assistance Program (TAP), part of the Keep Your HomeCalifornia 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:
  • Apply for the funds through the state's website http://keepyourhomecalifornia.org
  • Contact your local Realtor to help you cut through any red tape and apply for the program for you!
  • Remain in your home until the property 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.

Your local Realtor can walk you through the process and make this time of transition as easy and seem less as possible. For Assistance if finding a reputable Realtor in your area contact me at: RealEstateReminder@gmail.com  Attn: Christina Howe

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