Sunday, July 1, 2012

New Lease to Keep Short Sale Program Announced

A new “Lease to Keep” program was announced recently by a local West Sacramento Non-profit. In essence the program allows you to short sale your West Sacramento home and lease it back for three years. If at the end of the three years you have met all program guidelines you may be able to assume the loan and return to home ownership.

   
Now like in any program there are guidelines and restrictions including but not limited to; Your West Sacramento home must qualify, you must have attempted a loan and been denied, you must be delinquent on your home loan, you must have sufficient income to support the rental payment and your lender must agree to allow you to remain in possession of the property after close of escrow.

Now not all lenders participate and not all homeowners will qualify but for those who do, this is an awesome program. To find out if you and your property qualify and if your lender participates contact your West Sacramento Short Sale Agent today at 916-396-7487

To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation. Call me today and sleep better tonight; you’ll be glad you did


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