This is great news for home owners in the Miami Florida Area Does any one know if the offer from Bank of America is available in other states? This can be a great help to homeowners. I did check on the Bank of America web site but could not find any more details
You heard right, Bank of America is now offering up to $20,000 to assist the owners of short sale properties with the expenses incurred to relocate to a new home. The actual amount provided will be different for each homeowner depending upon their unique circumstances, the amount owed on the loan and the current value of the distressed property.
Bank of America requires that you acquire a preapproved sales price before submitting an offer to the bank and the short sale must be started before the end of 2012 and close no later than September 26, 2013. Even if the short sale of your Miami home is already in progress you may still qualify for this offer as long as you have not closed yet. This offer is only being offered on mortgages that are owned and managed by Bank of America. “Contact us today to see if your short sale qualifies.”
Maggie Dokic, REALTOR, CDPE, SFR is a licensed real estate broker in the state of Florida selling residential real estate in Miami, Palmetto Bay, Pinecrest, Coral Gables, Gables by the Sea, High Pines, the Redland and other select areas of SW Miami-Dade County.
Maggie has earned her SFR certification to be able to better serve the needs of her customers in today's non-traditional real estate market. SFR is a Short Sale, Foreclosure Resource Specialist. Designees have been trained to understand the highly specialized options available to Sellers facing short sales & foreclosures and Buyers looking to buy them.
For more information on our local real estate market, or to see or sell a home in Miami, Palmetto Bay, Pinecrest, Coral Gables or the Redland, visit my Miami Real Estate blog or contact me at Maggie (at) TheBlogThatAteMiami (dot) com.
The opinions expressed herein, are those of the author, and not necessarily of Keller Williams Realty.
None of this information is to be deemed legal or financial advice. Please contact your attorney or accountant for same.