Homeowners Get Paid Cash To Short Sale Their Home

Dated: 07/12/2016

Views: 1856

Seller Incentive

Yes, it is true. 

As a distressed underwater homeowner, working with your lender to avoid foreclosure by doing a short sale of your home, you may not receive any of the net proceeds from the sale home since those proceeds go to settling your mortgage, and any other liens you might have against the home. However, there are a number of incentive programs, run by both the government and by some lenders, that pay cash of  up to $20,000, or even more to homeowners upon successfully completing a short sale.

You're probably wondering why a lender would pay cash for you to short sale your home, when they are already losing money and accepting less than what you owe on your mortgage. Well in most cases it's cheaper for the lender to pay you for the short sale then to spend the time and money on foreclosing. So much cheaper that they may even give few extra thousand dollars your way.

With that being said do you know if you or someone you know qualify to do a Short Sale? Not many Realtors know the process of a Short Sale and how to maximize the Seller incentive.

Call Tony Nakhle to get your Short Sale done the correct way 

Check out this new Short Sale in Bristol County Massachusetts {mls: 71958001}

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Tony Nakhle

Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale Born and raised in Beirut Lebanon, moved to the Boston area in 1990. Got my Real Estate license in 1994....

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