Nigel Cook Real Estate

"Nigel was completely on top of every event of the sale. All issues were resolved expediently and with superior resolutions." Lucia

"Nigel Cook has been outstanding in assisting me with the sale of my home. His thoughtfulness in helping me through the progressive steps toward the move is very greatly appreciated." Betty

"Thank you Nigel for your outstanding help during such a stressful time" Christine

"Please accept my belated thanks for the outstanding job that you did in selling my home in Northville. Your tireless professionalism resulted in an expeditious sale at a great price. Pamela

"Nigel was always helpful. I am home late evenings and Nigel was able to show me listings" Mohammad

"Although I am no longer in Michigan, I would highly recommend you to my friends and relatives there." Pamela

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Home Affordable Foreclosure Alternatives (HAFA) Program

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If your mortgage payment is unaffordable and you are interested in transitioning to more affordable housing, you may be eligible for a short sale or deed-in-lieu of foreclosure through HAFA^SM. The benefit of a HAFA short sale is that you are no longer responsible for the difference between what you owe on your mortgage and the amount that your home sells for. You will also receive $3,000 in relocation assistance upon successful closing of your short saleIn a short sale, the servicer allows you to list and sell the mortgaged property with the understanding that the net proceeds from the sale may be less than the total amount due on the first mortgage. or deed-in-lieu of foreclosureWith a deed-in-lieu of foreclosure, you voluntarily transfer ownership of your property to the servicer— provided the title is free and clear of mortgages, liens, and encumbrances. Generally, if you make a good faith effort to sell your property but are not successful, a servicer may consider a deed-in-lieu of foreclosure..

Eligibility*

You may be eligible to apply if you meet all of the following:

You live in the home or have lived there in the last 12 months.
You have a documented financial hardship.
You have not purchased a new house within the last 12 months.
Your first mortgage is less than $729,750.
You obtained your mortgage on or before January 1, 2009.
You must not have been convicted within the last 10 years of felony larceny, theft, fraud or forgery, money laundering or tax evasion, in connection with a mortgage or real estate transaction.

*Eligibility criteria are for guidance only. Contact your mortgage servicer to see if you qualify for HAFA.

Program Availability

HAFA^SM is available for mortgages that are owned or guaranteed by Fannie Mae and Freddie Mac or serviced by over 100 HAMP^SM participating servicers. A list of HAMP participating servicers can be found here .

For More Information

If you have additional questions about getting mortgage help, contact one of our housing advisors at (888) 995-HOPE (4673). These HUD-approved housing counselors will help you understand your options, design a plan to suit your individual situation, and prepare your application. Research shows that homeowners who work with housing counselors like these are more successful and have better long-term outcomes. There is no cost to you for this valuable, around-the-clock service. Help is available in more than 160 languages.