Bank of America has a Preapproved Price Short Sale Program for you.
Bank of America is offering relocation assistance and you may be eligible to receive $5,000.00 to $30,000.00 from Bank of America at the close of a short sale.
Below is some information from an email they sent me.
Don't miss this limited-time offer to get your distressed clients the help they need by initiating a Preapproved Price Short Sale today...
The homeowner must participate in one of the Preapproved Price Short Sale Programs, such as:
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HAFA (Home Affordable Foreclosure Alternatives)
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Bank of America's Cooperative Short Sale Program
Specific investor participation and eligibility criteria do apply to these programs.
Homeowners not meeting eligibility requirements for the enhanced relocation incentive may still qualify to receive $2,500 - $3,000 in relocation assistance from government- and bank-sponsored programs.
Here is a link to the Bank of America Press Release on this new short sale incentive program.
If your thinking about a short sale and your loan is with Bank of America contact me. Chase is also offering a like program.I just received a Chase short sale approval with $30,000.00 going to the seller at the close of escrow.
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