Financially distressed Arizona homeowners who can no longer afford their homes and are pursuing a short sale, may be eligible for financial help with their relocation to alternative housing.
The funds come from the Short Sale Assistance Component, part of the Save Our Home AZ Program.
The state of Arizona is providing up to $4,500 in transition assistance to qualified homeowners who can no longer afford to stay in their homes. Homeowners must:
- Apply for the funds through their state’s website or by calling 1.877.448.1211.
- Maintain their property until their house is sold.
For qualified homeowners, these state funds may be used in addition to any other transition assistance that the homeowner may receive by participating in the Federal Home Affordable Foreclosure Alternatives (HAFA) program or in any other pre-offer short sale program.
Homeowners can learn more by visiting http://www.azhousing.gov/ and http://azforeclosureprevention.com/
If you haven’t started your short sale process, please give our office a call and we can help you understand your options and analyze what your home is currently worth. Waiting only makes the process more difficult and you never know when the assistance is going to run out or if the qualifications will change – so call today!
James Wehner- 480.656.9125 or 480.323.5462
