Tuesday, May 25, 2010
Cash for Keys!
Banks are now offering many distressed homeowners incentive to keep the house up until it short sells or forecloses.... that's right.. up to $2500 may be paid to homeowners for maintaining their home and cooperating with the bank, which includes leaving the appliances. It is always in the best interest of the homeowner/seller to stay in their home as long as possible, in fact they should try and stay until it is settled. The owner/borrower is not making payments and this gives the owner a chance to accrue some cash for moving expenses and for essential needs.
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