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Dennis Hartley's Blog

By Dennis Hartley | Broker in Manhattan Beach, CA

Bank of America Offers Cash to Distressed Sellers

I recently received an email from Bank of America announcing a new program available to local homeowners. They are being very agressive in encouraging their borrowers, who are struggling with their mortgage payments, to initiate a short sale. The program offers $2500 to $30,000 in relocation assistance at the close of escrow. It is a limited time offer and generally the homeowner must apply for the assistance prior to putting their home on the market. I have achieved the professional designation of "Certified Distreesed Property Expert" and have successfully negotiated many short sales with Bank of America. If you are interested in pursuing a short sale with B of A or any other bank, please contact me...

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