Also, at the time of this initial blog, some lenders are offering financial assistance to the sellers (people like yourselves) that are in trouble financially. Currently, Chase and Bank of America as well as several other lenders are offering cash incentives for you cooperation in a short sale with incentives as high as $30,000.
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The big news is Bank of America has announced its propriety natomas short sale program. Under the new Natomas Short Sale program Bank of America is offering between $2500 and $30,000 to those who.
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BofA Offering Up to $30K in Relocation Assistance for short sales 05/18/2012by: esther cho Just days after Bank of America officially announced its nationwide program offering up to $30,000 in relocation assistance for short sales, a Massachusetts-based real estate company revealed in a blog that one of its clients was approved to receive $10,000.
The major lenders who settled a lawsuit, including Bank of America, Chase, and Wells Fargo are offering some homeowners up to $30,000 for short selling in certain situations. Other lenders offer different benefits. All costs associated with performing the short sale are paid by your lender.
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That’s why Bank of America is excited to announce that for a limited time, we are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 – $30,000* in relocation assistance and owe no more on their mortgage with the sale of their property.
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Upon completion of a short sale, qualifying Bank of America borrowers could receive up to $30000 in relocation assistance.. like to learn more about short sale incentives, call Bank of America's home loan servicing hotline at.