Jenny Harkleroad & Associates
Your Local Experts!
"We will sell your home for the right price, in the right time, with the least inconvenience."
DRE License# CA 01370566
HAMP, Short Sales, HAFA…what do I do if my payment is too high?
Are you living with a mortgage payment that is too high? We can help!
1. HAMP (Home Affordable Modification Program)-If you are working and have a steady income, you can call your bank and apply for a loan modification. You give your bank all your financials and they see if you qualify to get your payments, and maybe get your loan balance reduced. For more information on this type of program call your bank or you can go to www.makinghomeaffordable.gov or call 1-888-995-HOPE (4673).
2. Short Sale-If you do not have a job or do not qualify for a loan modification, your bank wants you to short sale your home if you are not able to keep up with your payments. In this process the bank accepts a price based on fair market value which is less than what you owe on your home. In this way you “work out” the terms with your lender which damages your credit less than if you foreclose and default. The GREAT news is that lenders are really pushing for short sales, as they lose less money than foreclosing. There are many new regulations as of April 5, 2010 that make the short sale process much faster and easier for everyone involved. Call us for details.
3. HAFA (Home Affordable Foreclosures Alternative)-This program started as of April 5, 2010 as well. If you do not qualify for a loan modification through HAMP banks are sending letters out letting you know that you qualify to short sale your home for a certain price. If you get an offer for that price or more the bank has to accept it within 10 days! The bank also offers you funds to move out. All you need to do is find a trustworthy realtor like us who knows the short sale business to help you out!
If you need help with 1, 2 or 3 we’d love to help for FREE! That is right. There is no charge to assist you with a loan modification, or if we help you short sale your home, the bank pays the realtor and closing fees.
We’d love to sit down with you and discuss these options in detail without any pressure. We are here to help!
Search over 80,000 homes at www.JennysRealty.com
Here is what our past sellers have to say about our service…
“We can't tell you how much we appreciate all that you have done for us. If we ever have any real estate needs we will call you, and would definitely recommend you to anyone and everyone. You've been a pleasure to work with. If you were here we'd give you a big hug.” -Ron and Linda Hogg
“Thank you so much for all your hard work. We are very relieved to have been able to sell our house in this tough market. We are very pleased with all your effort, and will not hesitate to use you again in the future and refer you to our friends and family.”-Alan and Cherly Mowry
“Thank you very much for helping us sell our home. Your expertise on home selling really helped us to sell our home and purchase the home that we always wanted. Thank you very much. We could not have done it without you.” -Sincerely, Joe & Leonor Garcia
“Jenny & Associates are wonderful! I was recently forced to sell my home under less than desirable circumstances and jenny personally worked with me to get it sold in about one month. Housing prices were rapidly declining at the time and I needed to get the home sold so I could access some of the equity to pay off some outstanding bills. Jenny helped direct my efforts and actually worked with me side-by-side as we prepared the home to be placed on the market. She met the repairmen when I couldn’t, let me use her personal power washer to clean the exterior stucco, arranged appointments with the repairmen and truly worked as my partner. People should be lining up to work with Jenny. Her level of commitment and service is extraordinary! She deserved every penny of her commission and then some (how often do you hear that?)” -Marvin Higbee
Jenny Harkleroad
760-715-8899
Dan Rapps
858-229-6404
Carol Black
760-855-8514
Kendene Thomas
760-497-5313
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