RWALTERS29, Home Buyer in Texas City, TX

BEFORE FORECLOSURE WHAT IS THE CAP A LENDER CAN GIVE YOU FOR MOVING EXPENCE

Asked by RWALTERS29, Texas City, TX Thu Nov 8, 2012

I WAS TOLD 3.000

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3
Gayle Ford,…, Agent, Flagler Beach, FL
Tue Aug 6, 2013
Silvia is correct each situation is different
Best of Luck
0 votes
Silvia Oliva, Agent, Ormond Beach, FL
Mon Feb 18, 2013
Different lender’s have different caps, I have seeing from three to twenty five thousand. Even the same lenders will offer different type of incentives depending the investor that owns the loan, the time that the loan it’s been delinquent, the type of hardship etc. If this is a cooperative short sale in a primary residence they will tell you in the beginning of the short sale process. Let me know if you need further assistance. Take care,
Silvia Oliva
Realtor/ Mortgage Consultant
386-846-9976
Fax 386-523-0202
0 votes
Antonio Vega…, Agent, Saint Cloud, FL
Fri Nov 9, 2012
Have you considered that they can simply kick you out without giving you a single penny?

Pushing for the cap when already given a moving expense allowance may not be the best route.
0 votes
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