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Bank of America Offers Incentives For Lakeland Fl Short Sales

July 25th, 2013 13:49



Bank of America Offers Incentives For Lakeland Fl Short Sales Bank of America Offers Incentives For Lakeland Fl Short Sales In an effort to encourage more distressed homeowners to sell their homes as short sales and prevent foreclosures, Bank of America is offering up to $30,000 in relocation incentives. The bank began testing this incentive program in Florida in the fall of 2012. About 11,000 [...] Bank of America Offers Incentives For Lakeland Fl Short Sales Bank of America Offers Incentives For Lakeland Fl Short SalesIn an effort to encourage more distressed homeowners to sell their homes as short sales and prevent foreclosures, Bank of America is offering up to $30,000 in relocation incentives. The bank began testing this incentive program in Florida in the fall of 2012. About 11,000 homeowners participated. Short sale homeowners in Florida who were not able to participate can now apply for this new incentive. Bank of America’s will pay its borrowers anywhere from $2,500-$30,000 in relocation incentives once the short sale is finalized. The bank will also waive the difference between the amount of the short sale and the unpaid mortgage, allowing the homeowner to walk away from the home debt-free. The incentive will be based on the value of the home and the amount of mortgage. To qualify for this incentive, the Lakeland Fl short sale must have been initiated last year and close by September 26, 2013. The homeowner must also get a pre-approved sale price from the bank before submitting a purchase offer. If you have a Lakeland Fl short sale and feel you are qualified for this incentive and would like to find out more about how much you are entitled to, call Bank of America’s home loan servicing hotline at 1-877-459-2852. Authored by Petra Norris



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Lakeland Florida short sale services and agents are dedicated to help Lakeland homeowners in distress to do a short sale on their home and avoid foreclosure. Read More


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