Banks Offering Unprecedented Cash Incentives to Homeowners in Danger of Losing Homes to Foreclosure.
Marin, CA – November 30, 2012 – Distressed homeowners in Marin County can now take advantage of historically unprecedented cash incentives to sell the home they can’t afford. Because of the unique nature of today’s market, new bank and government programs pay relocation incentives to homeowners who undergo a foreclosure alternative – most commonly short sales.
“For the banks, this is a case of simple math,” says Lydia Puller, CDPE Short Sale Specialist. “The costs incurred in a foreclosure include maintaining the vacant property and advertising the property themselves. Typically, the home sells for less than it does in a short sale.” Because of this disparity, most major banks offer thousands of dollars in order to entice distressed homeowners into proactively seeking a solution.
Bank of America, Chase, Citibank and Wells Fargo all offer thousands of dollars in cash incentives, and some amounts can go as high as $30,000. “The great part about this for homeowners is that a short sale often ends up being better on credit reports than a foreclosure, so receiving cash is just a bonus they receive for engaging in a solution that helps them out in the long run,” said Puller.
As a Certified Distressed Property Expert (CDPE), Lydia Puller is knowledgeable of the entire landscape of foreclosure avoidance options and is distinctly qualified to negotiate with banks and help financially strapped homeowners regain peace of mind and a sense of stability for the future.
Lydia Puller has developed a free report entitled “Short Sale Incentives: Why the bank will give you cash to sell the home you can’t afford” that is accessible from her website, www.LydiaHelpsHomeowners.com.
Lydia Puller is a Certified Distressed Property Expert (CDPE) and a Short Sale Specialist. Lydia understands the market conditions more than the average real estate agent, and can offer homeowners real alternatives to foreclosure. Her goal is to help as many homeowners as possible and she is committed to help struggling homeowners, and provides much-needed assistance in stabilizing the community.
CDPE, Short Sale Specialist
Alain Pinel Realtors
Office (415) 496-2985
Fax: (415) 634-3012