Posted on Jan 6, 2013 in Roseville and Sacramento Short Sale FAQs

Hello everyone Mark Peek here with Keller Williams Realty in the Roseville and Sacramento region thank you for your time today. I work with distressed property owners every day to help find the best alternatives to foreclosure and use my blog to share valuable information. If you are currently behind on your mortgage or can no longer afford your monthly payments take a minute to browse my website or call me directly to chat with an experienced short sale agent about your options.

For my blog today I wanted to talk with Roseville and Sacramento property owners who have their mortgage through Bank of America about completing a short sale. Bank of America has recently rolled out a new program called the Cooperative Program that provides some great benefits for homeowners who qualify. In order to qualify for this program your Roseville and Sacramento property must be both serviced and owned by Bank of America. Some of the incentives involved include an expedited short sale process and relocation assistance for the borrower. In some cases Bank of America can offer additional relocation assistance and I have had clients receive up to five thousand dollars to help with moving expenses. One thing that is very different about Cooperative short sales is the home must meet a selling price set by Bank of America in order to be approved. This means the home will need to be in a condition that would allow someone to move in without any major repairs needed.

To discuss your Bank of America mortgage or to find out if you qualify please fill out a contact form on my website or call me directly. On my website you can also find our Short Or Stay Calculator that can help you determine if a short sale is right for you. Thank you for your time today and I look forward to helping you soon with any Roseville and Sacramento real estate questions.

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