Bank of America expands short sale incentive to $30,000

If you have a Bank of America home equity loan or line of credit, we’ll take care of getting approvals for your short sale. If your loan or line of credit is with another lender, contact that lender and request a Second-Lien Release. The lender needs to provide this document and send it to you.

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Bank of America Short Sale For those who are struggling to make their mortgage payments to Bank of America, there may be great news. Bank of America recently announced their enhanced relocation assistance program, where distressed homeowners could receive $5,000 to $30,000 in relocation assistance.

That’s why Bank of America is excited to announce that for a limited time, we are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 – $30,000* in relocation assistance and owe no more on their mortgage with the sale of their property.

Bank of America (BAC, Fortune 500) had a pilot program in Florida that paid incentives of $5,000 to $20,000 for sales that were initiated between Sept. 26, 2011 and Nov. 30, 2011 and close by the.

Non-GAAP revenue includes adjustments relating to 8point3, legacy utility and power plant projects, legacy sale-leaseback transactions and. relates primarily to the company’s equity incentive.

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Bank of America short sale incentive Programs Bank of America has great short sale incentive programs. Some of these programs offer cash incentives to homeowners for completing a successful short sale. incentives offered varies by personal situation but ranges in the amounts of $2,500 to $30,000.

If you have a home loan through Bank of America and you are currently concerned about making your payments or your home is worth less than you owe, you may qualify for a short sale incentive from BoA.They refer to it as an ‘enhanced relocation assistance payment’. To qualifying home owners/sellers, this could mean a check given to you for up to $30,000 after a successful short sale closing!

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