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

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

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Bank of America Short Sales. Borrowers that qualify for the program may be eligible to receive between $2500 and $30,000 in cash when the short sale closes. The assistance offered by Bank of America is decided on each individual case. However, the determination process takes into account the amount owed, the home’s value and various other factors.

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Bank of America (BAC) is taking its small Florida pilot short-sale incentive program national. Under the program, which was tested in the Sunshine State last year, B of A will offer to pay delinquent mortgage customers up to $30,000 to help with relocation expenses after completing a qualified short sale.

If you have a Bank of America home equity loan or line of credit, we’ll take care of getting approvals for your short sale. If your loan or line of credit is with another lender, contact that lender and request a Second-Lien Release. The lender needs to provide this document and send it to you.

#1 Mn Bank of America short sale negotiator Joe Niece. I am dedicated to bring free Bank of America Short Sale help to Bank of America Homeowners at no cost. His services have help hundreds of Bank of America homeowners and banks minimize losses, prevent Bank of America Mn foreclosure and move on with thier lives.

I need a $ 30000.00 loan for one year. I’m willing to pay $600.00 a month of interest and the pay the entire loan back in full when the year is over.. For example: accept credit cards This will search for documents containing the words accept, credit, and. Bank of America is not.

Bank of America said Tuesday it’s launching a nationwide program that pays homeowners as much as $30,000 to complete short sales. The lending giant tested a similar program in Florida last year.

Part two was our January 29th episode breaking down universal banks, Bank of America (NYSE. rid of the aggressive sales targets, and they’re trying to figure out how to generate really strong.

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