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

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BofA Offering Up to $30K in Relocation Assistance for Short Sales 05/18/2012BY: ESTHER CHO Just days after Bank of america officially announced its nationwide program offering up to $30,000 in relocation assistance for short sales, a Massachusetts-based real estate company revealed in a blog that one of its clients was approved to receive $10,000.

Some lenders such as JPMorgan Chase, Wells Fargo, and Bank of America are now offering sellers cash incentives of up to $30,000 to complete short sales, and the US government has extended the Mortgage Forgiveness Debt Relief Act and Debt Cancellation through the end of 2012. If your home is underwater and you have made the decision to let it go.

Banking, credit card, automobile loans, mortgage and home equity products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend.

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We are your San Ramon short sale realtors. Appreciate your time today. Wanted to talk a little bit about some of the financial incentives that Bank of America is providing to its customers who.

Bank of America says it will provide up to $30,000 in relocation assistance to delinquent borrowers who work with the bank to obtain a preapproved short-sale price before submitting purchase offers.

Bank of America (BAC, Fortune 500) had a pilot program in Florida that paid incentives of $5,000 to $20,000 for sales that were initiated between Sept. 26, 2011 and Nov. 30, 2011 and close by the.

Bank of America Now Offers Up to $30,000 in Relocation Assistance. In addition to programs such as HAFA or other short sale incentive programs offered by other lending institutions, Bank of America announced last week that they are now offering certain short sale sellers up to $30,000 in short sale incentive money.

Bank of America $30,000 Short Sale Relocation Assistance, bank of america short sale incentive letter,cash back at short sale. Rock Realty’s Blog. Rock Realty 55387-090 Rock Realty Stoughton, WI Office: 877-774-7625 Contact Me Visit Website.

It has shown, for example, that some major lenders such as Bank of America. an expansion of the program, giving lenders incentive money to allow borrowers to sell their homes for less than their.

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