News Release from the desk of Joe Kendall, Broker Associate with Sandals Realty!
Cape Coral, Fort Myers, Lehigh Acres Bonita Springs and all of Southwest Florida Home owners that are currently behind in their mortgage payments and are thinking about avoiding foreclosure now have an incentive!
Bank of America is encouraging distressed homeowners to explore a short sale as option for avoiding foreclosure. Bank of America short Sale Department has created an incentive to Florida Home owners with a $5,000 to 20,000 cash at closing in relocation assistance for the home owners.
This program is for a limited time only to help Bank of America wash through all the pre-foreclosure inventory in Florida .
Here is how you may qualify for this program
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Homeowners with property that is located in the state of Florida
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Short sales initiated without an offer between September 26 and November 30 2011
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Minimum relocation assistance is $5,000 and maximum is $20,000, with the specific amount calculated based on the unpaid principal balance
Here is how you may not qualify for the program
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Ginnie Mae, FHA, VA and USDA loans are NOT ELIGIBLE
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NO LOT LOAN OR VACANT LAND
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Short sales THAT HAVE CURRENTLY Initiated with an offer are not currently eligible for the enhanced relocation assistance
Joe Kendall, Broker Associate
Right Choice Realty
Phone 239-560-0726
Email joek4realestate@aol.com
Search all the homes for sale right here
Isn't this interesting? Wonder if they will spread this to the rest of the country? I know there are lots of short sales in Florida, but that is not the only part of the country w/ the problem!