Short Sale Relocation Incentives

Short Sale Relocation Incentives

Short Sale Advantages-Relocation and Incentive Payments

Homeowners who are still residing in their homes and wish to short sell them need to know that they are very likely to receive a short sale relocation incentive in exchange for participating in a short sale.  The amount and whether a homeowner is approved is dependent on the programs available and that their lender and/or investor are participating in.

The short sale relocation incentives that we have seen for short sales through HAFA (Home Affordable Foreclosure Alternatives Program) enjoy an incentive payment to the homeowner of $3,000! In addition we have been able to secure for several of our clients incentive payments from their lender at the successful close of escrow in the tens of thousands of dollars (as high as $35,000 from Chase)! Recently in the past few months we have seen several over $10,000.  We always ask for relocation incentives for our clients on the HUD-1 statement that is sent to the lender along with the short sale package and offer.  They lender/investor can of course choose to deny it or can reduce the amount they approve.

Advantages to Short Sale

Having a short sale on your credit report is preferable to having a foreclosure on your credit report. In certain cases you may be able to secure an FHA minimum down payment loan immediately after a short sale if your payments are current or within a year after the short sale if your situation meets certain FHA requirements.
If you sell your home through a short sale you are resolving yourself of the liability (with an appropriate negotiation and written approval). If however you choose to walk away and your home forecloses depending on the nature of your loan(s) and the route the lender took to foreclose you may be exposing yourself to years of collection calls, creditors, and possible lawsuits, legal money judgments, wage garnishments, bank levies and liens.  Please talk to us before deciding on which route to take with your upside down home.

Experienced Short Sale Attorneys

We are experienced Sacramento Short Sale Real Estate Attorneys and Sacramento Short Sale Realtors. We are a unique and powerful combination and can help you with your real estate legal issues and short sales.  We have helped thousands of people with pressing real estate issues find solutions and relief through the use of short sales, deed in lieu of foreclosures, strategic foreclosures, mortgage debt settlements and legal real estate review and advice.  

Our short sale real estate attorneys have achieved proven results and can give you the great legal advice and strategy needed to get you the results you want. Contact us today to schedule your complimentary attorney consultation by clicking HERE or by calling 916-999-1376. We look forward to helping you with all of your Sacramento short sale real estate needs.

Real Estate Law, Debt Forgiveness, Debt Settlement, Debt Negotiation, Sacramento Realtor, Bankruptcy, Ch. 7, Ch. 13, Short Sale, Deed in Lieu of Foreclosure, Foreclosure, Strategic Foreclosure, Buying Real Estate, Selling Real Estate, Mortgage Debt Settlement, For Sale By Owner, Owner Financing, Seller Financing, FSBO, Business Law, Incorporation, Contract Drafting, Buy and Sell, LLC, Corporate Requirements, Estate Planning, Living Trust, Irrevocable Living Trust, Special Needs Trust, Will, Pour Over Will, Power of Attorney, Medical Health Directive, Living Will, Deed, Intellectual Property, Licensing, Trademark, Copyright, Trade Secret.

The StoneCrest Law Firm and their California attorneys serve professionals, executives, individuals, investors, inventors, companies and families with all of their legal needs. We currently have offices in Roseville, Sacramento, Folsom, and Elk Grove, as well as we pride ourselves in serving clients in all of Northern California and Southern California. Our clients also come to us from the areas of Sacramento and Roseville including the communities of Sun City, Davis, Natomas, North Natomas, Elk Grove, Lincoln, Loomis, Rocklin, and Granite Bay. Many clients are located in the cities of Auburn, Folsom, El Dorado Hills including the community of Serrano, Shingle Springs, Placerville, Rancho Murrieta, Rescue, Orangevale, Fair Oaks, East Sacramento, West Sacramento, Rancho Cordova, and Citrus Heights. We also serve many clients through efficient time saving ways in communities including, Fairfield, Vacaville, Walnut Creek, Chico, Paradise, Marysville, Yuba City, Redding, Red Bluff, Stockton, Modesto, and Lodi. We also serve clients in the Southern California areas of Orange County, Los Angeles, Riverside, San Bernardino and San Diego.

For more information about real estate law law how to relieve debt, real estate issues including short sales and foreclosure, for sale by owner, FSBO, California For Sale by Owner attorney, real estate disputes, chain of title, clear title, easements, property line boundary disputes, deed in lieu of foreclosure, estate planning including living trusts, wills, power of attorneys, business and corporate law including formation, contract drafting and disputes, real estate law, intellectual property law including copyright, trademark, trade secret, licensing or to set up a consultation with one of our Sacramento lawyers, please contact the Sacramento attorneys at the StoneCrest Law Firm, P.C. All legal consultations are strictly confidential under attorney-client privilege.

Our Sacramento attorneys also serve the communities in and around Sacramento County, Placer County, El Dorado County, Sutter County, Yolo County, Solano County, Yuba County, San Joaquin County, and Santa Clara County.

For an experienced Real Estate Broker and Real Estate Attorney please visit StoneCrest Realty or visit the our Sacramento Realtor blog.

The information on this site is not, nor is it intended to be, legal advice. Please contact us to obtain legal advice pertaining to your situation.

The transmission of information by this Website does not create an attorney-client relationship with the law firm’s attorneys. The relationship would require direct contact between you and the firm, and would also require a written attorney/client agreement that confirms that a relationship is established for legal services to be provided. The invitation to contact the firm is not a solicitation to provide professional services, and should not be construed as a statement as to the availability of any attorneys to perform legal services in any jurisdiction in which such attorney is not permitted to practice.

None of the communications transmitted via the Website constitutes a confidential communication, or creates an attorney-client relationship. This Website contains information on legal issues, and is not a substitute for legal advice from a qualified attorney licensed in the appropriate jurisdiction.

Any mention of legal services/experience on this website is made in association with the attorney who provides services as licensed California attorney and all legal services if retained for are provided for under a separate agreement with her or the attorneys of her law firm and are completely separate from any real estate services or negotiations to be provided under the affiliated brokerage.