This document discusses the benefits of a short sale versus foreclosure for a homeowner who can no longer afford their mortgage payments or loan modifications. It notes that a short sale allows homeowners to purchase a new home sooner than foreclosure, does not publicly disclose the sale, and lowers credit scores less than foreclosure. The document encourages homeowners who meet the criteria for the HAFA program to act now to get a free evaluation for a short sale.

2. DEAR HOME OWNER
If you are no longer satisfied with your payment, or
loan modification, or the loan is higher than the value
of your home. What are you WAITING FOR? A
BANKRUPTCY is not necessary!

3. DECIDE FOR A SHORT SALE, IT IS COMPLETELY
FREE
SEE THE ADVANTAGES OF A SHORT SALE
VERSUS FORECLOSURE.

4. PROMBLEMSS FORECLOSURE SHORT SALE
Future Loans Not eligible for purchase of new
home for the next 5 to 7 years. home for the next 5 to 7 years.
Is eligible to purchase your home in the
next 2 years or less ..
Privacy Shall disclose in any application
when prompted.
Remains private.
Not revealed in your credit
Credit Points You can lower your score
between 250-500
points on your credit report.
You can lower your score between 50-
111 points on your credit report.
Future employment Could not qualify for a New
employment.
Is not reported
Credit history Stays on your credit score for
10 years.
It is held in credit by
least 10 years.
Trial of Dept The bank could hold you
liable for the whole amount
The bank could pursue the
total debt of a foreclosure.
Loan Interest Always have a higher interest of
normal.
Is reported on your credit.

5. BENEFITS OF A SHORT SALE
● If a short sale does not happen can be considerate of a
Deed in Lieu of foreclosure, when the property is returned
to the Bank.
● Debt relief is mandatory and allows homeowners stay out
of debt.
● Up to $ 3,000.00 for moving expenses if applicable.
● It copletamente FREE in your pocket.

6. HAFA (Affordable Home Foreclosure Alternatives). Is a program
designed to help homeowners who can not continue on their properties
to make the payments.
● Property must be primary residence to make the payments.
● The first loan must be before January 1, 2009.
● If you already are behind on the payment of the loan or foresee
hardships.
● The bank balance must be less than $ 729,750.00 for a single property.
Higher balances for Owners of 2 to 4 properties.
● Payment of the Loan exceed 31% of the salary of the owner (s)
WHO QUALIFY FOR A SHORT
SALE:

7. ACT NOW!, DO NOT HESITATE
ON AQUIRING ASSISTANCE AND
AQUIRING KNOWLEDGE ON
YOUR OPTIONS. CALL FOR A
FREE EVALUATION
1605 W. Olympic Blvd #403
Tel: (213) 388-4350 Cell: (213)300-6811
Mauricio Mendoza Broker Lic #01112602