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Bank of America Short Sale Cash to Relocate

Bank of America Short Sale Incentive Program

short sale incentives,avoid foreclosure, foreclosure avoidance, special report, short sale reportBank of America has quite a few different short sale incentive programs available for you to benefit from. We’ve included a bit about each of these programs.

To get the full download regarding each of the incentive programs, download our FREE SPECIAL REPORT: Short Sale Incentives – Why the Banks Will Give You Cash to Sell The Home You Can’t Afford!

Bank of America short saleBank of America short sale programs:

Traditional Short Sale Process
Bank of America’s traditional short sale process is a method in which you can sell your house for less than you owe. By selling your house in a short sale, as opposed to letting it go to foreclosure,

• you will avoid eviction
• your house will not be sold at a public foreclosure sale or auction
• Your credit score will not be as adversely affected

Pre-approved Price Short Sale: Home Affordable Foreclosure Alternatives (HAFA)
If you elect to qualify for a HAFA Short Sale, there are a few benefits you should be aware of:

• $3,000-$30,000 for relocation assistance
• Foreclosure process may be put on hold during the short sale process
• Deficiency waiver

Preapproved Price Short Sale: Cooperative Short Sale Program
Bank of America also has an exclusive Cooperative Short Sale program, in which you can receive the following benefits:

• An alternative program if you do not qualify for HAFA
• $2,500-$30,000 for relocation assistance
• Foreclosure process may be put on hold during the short sale process

Preapproved Price Short Sale: Federal Housing Administration (FHA) Short Sale
If you are approved for and successfully complete an FHA Short Sale, you can benefit in the following ways:

• you may be eligible for relocation assistance
• Foreclosure process may be put on hold during the short sale process
• Deficiency waiver

Bank of America utilizes the Equator platform to process their short sales. The Equator platform is a web-based portal where the borrower, agent, and lender can communicate in a secure environment to handle the short sale process. The Equator process in a task driven system, so having proper documentation completed is of the utmost importance.

Contact us for additional information on your B of A Short Sale! 888-746-7820

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info@ShortSaleExpert.com