Andover, MN (PRWEB) February 18, 2011
Neighborhood CDPE-designated agent, Jeff Firnstahl of Group Firnstahl Real Estate Solutions, has developed a web site report offering data regarding the availability of lender and government applications to avoid foreclosure, such as the Home Reasonably priced Foreclosure Alternative Program, or HAFA.

This neighborhood resource is offered at http://www.TeamFirnstahlHelps.com and explains the benefits of short sales, or promoting a house for significantly less than the existing mortgage amount owed. Benefits include decreased harm to credit, protection of safety clearance and the potentially damaging affects of foreclosure on employment. Some programs provide cash incentives for home owners who are struggling with mortgage payments and successfully comprehensive a quick sale or deed-in-lieu of foreclosure.

Lenders and the federal government have lately updated and enhanced their foreclosure avoidance applications, making far more members of our neighborhood eligible for help, Firnstahl said. With this report, Im displaying home owners the positive aspects of quick sales to their financial futures, and to the stability of our neighborhood.

In late December 2010, the Department of the Treasury updated and improved eligibility requirements for the HAFA program. They also enhanced efficiency recommendations for lenders, streamlining the process and creating it a much more efficient answer for property owners to avoid foreclosure.

Outline of government programs, loan modifications and brief sales have been showing vast improvements, Firnstahl mentioned. Lenders are ramping up their sources and placing systems in location to make their foreclosure alternative programs far more efficient.

The CDPE Designation Firnstahl has acquired provides a certain understanding of the complicated troubles confronting distressed home owners. Through complete instruction and encounter, CDPE-designated agents are in a position to provide solutions for homeowners facing financial hardship in todays market place.

To learn a lot more, pay a visit to http://www.TeamFirnstahlHelps.com.

For much more details about the CDPE Designation, check out http://www.CDPE.com.

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