Will My Bank Really Pay Me $30,000 to Short-Sale My House??

Banks-Pay-to-Short-Sale

If you are still deciding between foreclosure and a short sale, then this could be just the news you wanted to hear. Many homes in Santa Clarita still go to foreclosure because homeowners are not aware of the assistance available to them. Instead of waiting for a cash-for-keys situation in foreclosure and damaging your credit, you can proactively seek a short sale through your bank and many of them are now offering cash incentives to complete a short sale instead of foreclosing.
Bank of America has just announce  they 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 you will owe no more on your mortgage after this is completed!

You must meet the terms and conditions of eligibility for B of A and the short sale must be completed by 9-26-13

Chase has been offering incentive programs a as much as $30,000 themselves to short sale a home instead of foreclosing.

Citi has been know to offer payment incentives to homeowners as well and the list is getting bigger daily.

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