The Home Affordable Refinance Program 2.0 is now ready to go! Call me to take advantage of it!!

YOU HAVE TO READ THIS IF YOU OWE MORE ON YOUR MORTGAGE THAN WHAT YOUR PROPERTY IS WORTH!

There are two million homeowners in Florida that owe more on their mortgage than their property is worth. If you aren’t in this group you know someone who is. The purpose of this post is to give you information that can either help you or you can forward to someone you know that it will help.

Up until this point someone who was upside down on their mortgage only had two options; they could keep making payments on their current mortgage or they could let the home go (either through short sale or foreclosure). Many homeowners have been very frustrated that they have not been able to refinance to historic low interest rates because they are upside down on their mortgage. Even with great credit, income, and a history of on time payments if you were upside down you could not refinance.

This has just changed. The Home Affordable Refinance Program (HARP) has been updated from its current version to allow the most underwater homeowners to refinance and take advantage of the lowest interest rates in history.

One of my friends in the mortgage industry has created a website (www.wmcharp.com) that allows you to check and see if you are eligible for the program.

Even though refinancing is now an option for some, many others simply are too far upside down or their payment too high to be able to afford the home. For these homeowners, a short sale might be their best alternative.

No matter what your situation is, know that I am here to help you and those that you care about. If you need any Real Estate assistance or a referral to a HARP mortgage lender give me a call.

Your Realtor® for life,

Tony Galarza, Realtor®

CEO/Real Estate Professional

KG Realtor® Group of Keller Williams Advantage II Realty

12301 Lake Underhill Road, Suite 111, Orlando, FL 32828

Direct: 407.497.7688

Email: Tony@KGRHomes.com