After Bank of America announced its relocation assistance program for short sales, which promises up to $30,000 for those eligible, a Massachusetts client was approved for $10,000. Since moving can get expensive, families who are having difficulty coming up with the cash to move out of their short-sale home can receive this assistance. Bank of America reviews each on a case-by-case basis, with factors such as home value and owed amount coming into play.
Bank of America has also said it will respond to short sale requests within 20 days. If you're living in the Urban Hillsides (in Northeast Los Angeles) and considering a short sale, we are certified pre-foreclosure specialists. Contact us today with questions!