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inna ivchenko, Real Estate Pro in Calabasas, CA

How much BofA pays Seller in a relocation assistance, providing the seller qualifies? ( Short Sale, coop or not)

Asked by inna ivchenko, Calabasas, CA Mon Apr 2, 2012

What is the most your Seller was paid by BofA in California for cooperating on Short Sales?

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I have gotten my Seller 2 incentives... $3000 and $20000 incentives for a total of $23,000. They were shocked and thrilled.
Sincerely,
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills South
166 N. Canon Dr, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0690 fax ATT: RJ
RichardKas@gmail.com - http://www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting
1 vote Thank Flag Link Mon Apr 2, 2012
Does any other bank does it or only Chase?
Flag Tue Apr 3, 2012
it is very impressive!
Flag Tue Apr 3, 2012
Co-op pays $2500 relocation HAFA pays $3000 relocation
1 vote Thank Flag Link Mon Apr 2, 2012
If qualify, minimum is $3,000. There are other incentives up to $25,000. You need to know the process and have experience very well. I am certified short sale Expert and SFR, HAFA approved and qualified and approved by Redfin. Call me for any question,
1 vote Thank Flag Link Mon Apr 2, 2012
Hi Ronit,
can you tell me what the other incentives up to $25 k are in the short-sale process -- i have come across that as of yet................thanks for your input. :)
Flag Wed Apr 4, 2012
The last short sale I had with Bank of America, the relocation assistance was $3,000 for the sellers and this short sale was in the state of TN. It may vary state to state. Your BOA contact should be able to help you and answer how much you would receive if you qualify.
1 vote Thank Flag Link Mon Apr 2, 2012
Hi Inna,

It depends on how motivated BoA is. HAFA will give you $3,000. BoA may provide up to $25,000. They lowered it from $30,000.

Talk to several agents that specialize in short sales before proceeding. And avoid scams of people that charge for short sale or foreclosure assistance.

If you have any questions or concerns, call, text or email me.

Douglas Lagos
Realtor®, Certified HAFA Specialist (CHS)
DRE# 01921046
Coldwell Banker Residential
Tel. (310) 463-8088 http://www.douglaslagos.com
0 votes Thank Flag Link Mon Jan 14, 2013
Co-op pays $2500 relocation HAFA pays $3000 relocation
0 votes Thank Flag Link Fri Jan 11, 2013
Co-op pays $2500 relocation HAFA pays $3000 relocation
0 votes Thank Flag Link Fri Dec 28, 2012
Hello Inna,

i've read that BofA will pay as much as $30,000 in their CoOp program!

All the best,
Kieran Jackson, CA DRE # 01903647
Keller Williams Hollywood Hills
213.632.8484 Direct
KieranJackson@kw.com

Short Sale Specialist (SFR)
Web Reference: http://KieranTheRealtor.com
0 votes Thank Flag Link Tue Jun 5, 2012
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