Indianapolis Bank of America Short Sale Client Received $8,229.24 to short sale their home

Thought I would upload this as it’s becoming apparent that banks are now offering additional incentives to sellers to short sale their home.

This seller owed almost $170k on their home.  Bank of America agreed to sell it for $100k and forgive the difference.  On top of that, Bank of America short sale department agreed to give my clients a check at closing just to short sale their home! This amounted to $8,229.24.  While I can’t guarantee this happens every time, I will guarantee I work as hard as I can to protect you as my client.  And remember, you pay no commission to me, as the bank pays my fee.

Here is a link to the HUD-1 settlement statement.  Review line 514 and 515.




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