Thursday, October 3, 2013


Short Sale Agent Update

October 3, 2013

Distressed Ohio Homeowners May Qualify for Ohio's Save the Dream Ohio Transition Assistance Program (TAP)
If your financially distressed Ohio clients can no longer afford their homes and are pursuing a short sale or a deed in lieu of foreclosure, they may be eligible for financial help with their relocation 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.  You can help by advising your distressed clients that they 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 how your clients may qualify, please visit that program's website at

If you think you are interested in finding out more information on this program please feel free to call me for a FREE consultation!!  See MY WEBSITE for additional information!!

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