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Robin Speronis
"www.AskZenRealEstate.com"
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Owner/Broker Zen Real Estate of Southwest Florida; http://www.AskZenRealEstate.com; 1-877-890-0121.
Robin Speronis answered:
It depends on who the bank is. Bank of America I think gives you a minimum of $2,000 and 30 days in the house or 90 days in the house with no cash. You can expect to have to leave the house clean and in good condition. Expect a walk through before you get the cash and you give the keys. Also, whatever cash you get is consider income and you will get a 1099 from the bank so you will have to pay taxes on that money.
Good luck
Good luck
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