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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Kevin and Ju…, Agent, Wildomar, CA
Fri Apr 5, 2013
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.
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Dan Tabit, Agent, Issaquah, WA
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.
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