Bank of America is encouraging homeowners to seek a short sale as an option instead of a foreclosure. To help homeowners make this very important decision, BoA is offering “enhanced relocation assistance” in the hopes that it will encourage homeowners, like you, to list your home as a short sale – rather than let it go to foreclosure. What does this mean for you as a homeowner? Simply put, you can receive cash back from Bank of America for a short sale – you might be eligible to get up to $20,000 ⃰ !

Here is how you can become eligible for this great program:

  1. You must own a property in Florida
  2.  This option is only for short sales that are initiated without an offer between September 26 and November 30
  3. Customers must be eligible for a “without offer” program currently being offered through Bank of America, such as HAFA or Proprietary
  4. The eligible short sale must go to closing by August 31, 2012
  5. The minimum relocation assistance that you may be eligible to receive is $5,000, with a maximum amount of $20,000 ⃰. This is based on the unpaid principal balance

There are also exclusions to this program – check to see if these apply before contacting Bank of America for more information! You are excluded from this program if:

  1. You currently have a loan through Ginnie Mae, FHA, VA, or USDA
  2. Loans for a vacant lot are not eligible
  3. Properties outside of the state of Florida are not eligible
  4. Short sales that are initiated with an offer are not eligible

Do you think you qualify? Act now to take advantage of this great offer by BoA by contacting the Tello Team today! Be sure to visit our short sale website at www.shortsalesoldnow.com for more information on how we can help with the short sale process!

Let the Tello Team help you with all of your real estate needs! Contact us today to see how we can assist you at 954-237-0600 or simply send us an email! We’re ready and willing to help you and your family find the perfect home in Pembroke Pines

⃰ Subject to approval by Bank of America