Category Archives: homeowner
FORECLOSURE = ZERO
SHORT SALE = Up to $30,000 for You!!!
Did you know that some banks (Chase and now Bank of America) are giving HUGE incentives to homeowners if they choose to short sale a home rather than let it foreclose?
I just got an email from Bank of America a few days ago explaining the program. It’s called a Streamlined, Cooperative short sale, and it has a number of key advantages for the homeowners.
- The homeowner is guaranteed a payment of at least $2,500 and UP TO $30,000 if you qualify for this program. This is called “Relocation Assistance.”
- The program requires very, very little in the way of paperwork. It’s not necessary to gather 2 years of income tax returns, bank statements, pay stubs, hardship letter, and a financial statement. You only have to fill out 3 very simple documents.
The best part of this, is that in California, there are no deficiency judgments. That means if a short sale is approved, there is no balance due. The short sale lenders approve the short sale and forgive the balance.
So if you are having a hard time with your loan and want to discuss a short sale, please call me at 909.972.1616 or email me at firstname.lastname@example.org. Again, remember that there is no cost or obligation for this FREE consultation. And all costs involved in selling your property are paid for by the lender.