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

Citing some earlier examples, S&P said it believes that "high house prices and household debt relative to household disposable income increase incentives to fraudulent. said economists at Deutsche.

El programa de asistencia de venta corta se basa en iniciativas, que llev a 200.000 ventas cortas (short sales) terminadas en los ltimos dos aos y a otras 30.000 en el primer trimestre de 2012. Este programa se basa en una oferta de incentivos similar que Bank of Amrica puso a prueba en Florida el ao pasado.

 · The program is based on a similar one the lender tested in Florida last year. Qualifying Bank of America borrowers could receive anywhere from $2,500 to $30,000 in cash upon the close of a short sale.

On ExpressNews.com: Property values near the Pearl have exploded in the past five years The opportunity zone program essentially gives incentives to business development that’s already occurring, in.

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Short Sale Relocation Assistance Program: Select Homeowners could receive $ 5,000 to $30,000 in relocation assistance. If you are a financially distressed homeowner who wants to avoid foreclosure. We can help! That’s why Bank of America is excited to offer enhanced relocation assistance.

Last month, the owner of a short sale property that sold for $200,000 received a check for $30,000. The checks are given for relocation assistance and can be used however the homeowner sees fit. There are no restrictions. Bank of America has outlined several criteria for homeowners to qualify: Your loan has to be owned and serviced by Bank of America.

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.

That’s why Bank of America is excited to announce that for a limited time, we are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 – $30,000* in relocation assistance and owe no more on their mortgage with the sale of their property.

As part of its efforts to reduce the number of foreclosures on its books, the Bank of America is offering relocation payments of up to $30,000 to struggling homeowners to induce them to agree to a.