Foreclosure & Short Sale Help

Home Affordable Foreclosure Alternatives (HAFA) Program
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.

Foreclosure Process in Minnesota 
This document represents the most common foreclosure process in MN and may vary.  Information is not presented as legal advice.

Minnesota Foreclosure Laws

Making Homes Affordable  
The Making Home Affordable Program is part of the Obama Administration's broad, comprehensive strategy to get the economy and the housing market back on track.

 

Recommended Reading and Videos:

    Faithful Mortgage Payments and Their Effect on the Economy  
    CBS  "More homeowners selling short" Video
    CNBC  "Underwater?  Just Walk Away!" video
    CNBC  "They're just walking away" video
    "Making Home Affordable - Short Sales and more" video
    CNBC  "Strategic Walk-Aways" video