I called Bank of America for one of my sellers today and learned that she qualifies for the $5,000 incentive program they are offering for Florida properties. Can’t be a lot loan and certain investors are not participating. In her case, she had a Freddie Mac loan so she was good to go. If you have a Bank of America serviced loan and want to know if you qualify for the new program of $5,000 to $20,000 cash incentive to the seller at closing then the number at BofA to call is (877) 459-2852.
Of course, if the property is located in Pinellas, Hillsborough, Manatee, or Pasco counties and you want to short sell.