Did you know in some instances banks are paying delinquent homeowners to short sale their properties? Their hope is to avoid a long drawn our foreclosure process. In one instance locally in Palm Beach County, a homeowner with an offer of approximately one million dollar their home was offered $30,000 as an incentive to accept the short sale! The source of this information was a Closer for a local Attorney and Title Company who confessed she is seeing this more and more often. Read more on this in an article by Realtor Magazine.
Foreclosure Delays Reach New Records
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