Thursday, November 7, 2013

Distressed Ohio Homeowners May Qualify for Ohio's Save the Dream Transition Assistance

Distressed Ohio Homeowners May Qualify for Ohio's Save the Dream Ohio Transition Assistance Program (TAP)

If you are a financially distressed Ohio homeowner who can no longer afford your mortgage payments (ie you are at risk of foreclosure or seeking to avoid foreclosure) and are pursuing a short sale or a deed in lieu of foreclosure, you may be eligible for financial help with your relocation related expenses to alternative housing.

The funds come from Transition Assistance Program (TAP), part of the Save the Dream Ohio Program.

The state of Ohio is providing up to $5,000 in transition assistance to qualified homeowners who can no longer afford to stay in their homes.  Distressed homeowners must:
  • Apply for the funds through their state's website or by calling 1.888.404.4674.
     
  • Maintain their property until their house is sold or returned to the lender via a negotiated deed in lieu of foreclosure.
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.
 
To learn more about the Transition Assistance Program's guidelines, and you clients may qualify, please visit the program's website at www.savethedream.ohio.gov.  You can also call 1.888.404.4674.

If you’re facing foreclosure you’re facing some very important decisions. We want you know you’re  not alone and we are here to help with any questions you may have to assist you in making the best decisions for your situation. There is no charge for this service and we are happy to help! We offer confidential and professional real estate advice.

The Opland Group  Specializes in  Real Estate Sales, Luxury Home Sales, Short Sales  in;    Bexley    Columbus    Delaware    Downtown    Dublin    Gahanna    Grandview Heights    Granville    Grove City    Groveport    Hilliard   Lewis Center    New Albany    Pickerington    Polaris    Powell      Upper Arlington    Westerville    Worthington
 

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