Bank of America expands short sale incentive to $30,000

It turned out that the seller’s bank was writing her a check for $30,000. short sell or transfer their title to Wells via a deed-in-lieu. Bank of America (BAC, Fortune 500) had a pilot program in.

Bank of America offers up to $30K for short sale. Qualifying Bank of America borrowers could receive anywhere from $2,500 to $30,000 in cash upon the close of a short sale. The amount of assistance provided under the new program is determined on a case-by-case basis, taking into consideration the value of the home, amount owed and other considerations not clarified in the press release.

If you receive a letter from Chase Bank stating that you are eligible for a short sale incentive, please do not throw it away.It is not a scam. Distressed home owners have been receiving these letters for over a year now, and guess what? They are the real deal!

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I need a $ 30000.00 loan for one year. I’m willing to pay $600.00 a month of interest and the pay the entire loan back in full when the year is over.. For example: accept credit cards This will search for documents containing the words accept, credit, and. Bank of America is not.

Bank of America said Tuesday it’s launching a nationwide program that pays homeowners as much as $30,000 to complete short sales. lenders started giving cash to homeowners who complete short sales.

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If you know someone who is considering a short sale, and they have their loan with Chase or Bank of America, there’s good news. Both banks have launched a national program that pays significant cash incentives to encourage sellers to do a short sale and avoid foreclosure.

The Fed is raising rates because there is now widespread agreement. they would do if interest rates suddenly surged upward..Bank of America also says a 1-percentage-point rise in short-term rates.

Qualifying Bank of America borrowers could receive anywhere from $2,500 to $30,000 in cash upon the close of a short. relocation assistance and would like to learn more about short sale incentives,

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If you are a busy short sale agent, then you probably have already heard about Bank of America’s Short Sale Relocation Assistance Program. It’s a pretty good deal for those who qualify-between $2500 and $30,000 payable to the short sale seller at closing.

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