Foreclosure in Markham>Question Details

margaretevan…, Home Owner in Markham, IL

When your home has been forclose on, and the mortgage company offer you relocation money what is that called?

Asked by margaretevans98, Markham, IL Fri Apr 5, 2013

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Cash for keys - They will likely require the property to be left in "broom-clean' condition and be free of all debris and personal property.
0 votes Thank Flag Link Fri Apr 5, 2013
Margaret,
Cash for keys is a common expression for this. It's not a lot of money, but often enough to allow you to move and put a deposit down on a rental. In exchange you promise to leave the home in reasonable condition and leave on the scheduled date.
0 votes Thank Flag Link Fri Apr 5, 2013
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