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US Real Estate
Bank of America in $30,000 Short Sale Incentive
By
Mike Wheatley
| May 17, 2012
Real Estate
,
Residential
,
US Real Estate
Banks Step Up Short Sale Incentives
By
Mike Wheatley
| February 13, 2012
Banks are stepping up their efforts to persuade struggling homeowners to accept a short sale instead of going through a costly foreclosure, according to new reports, with some banks prepared to offer borrowers up to $35,000 to ‘get out of jail’ earlier.
Real Estate
,
US Real Estate
Mixed Response to Short Sale Cash Incentives
By
Mike Wheatley
| January 6, 2012
A number of real estate professionals have said that cash-back incentives designed to tempt delinquent borrowers into a short sale rather than foreclose on their homes are proving to be ineffective, because lenders aren’t clear on who can qualify for the scheme
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