It's less expensive for the bank than foreclosing, it helps preserve the property and it gives you sme moving money. It can be a win-win situation for everyone.
This is a better option for the bank than foreclosure. However, most banks do not want to own anymore properties. So, the banks often ask a seller to attempt a short sale before they will accept a cash for keys solution.
Please call us directly to discuss your specific situation. Our services are FREE to homeowners. We look forward to hearing from you.
Eli Givoni, Director
Short Sale Department, LLC
Serving all 50 states