Today, along with the approval to participate on a short sale, we got a notice from BofA that indicates the seller's relo incentive, previously approved at $1,000, is being increased to $4,000. Quick Google search didn't turn up any policy changes that I could find. Has anyone else encountered same?

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Check out the FHA board for info.  It's part of a BOA settlement with HUD. I previously posted there regarding.

 

http://shortsalesuperstars.com/group/fhashortsales

 

There have been several letters being sent out directly to homeowners saying $4k for relo and $7500 for DIL. BOA send them with Titanium assignments.

Take the money, take the money..

I was told from a short sale attorney that sellers are being gifted $500 to $1000.  What did you discover?

 

Call me. 864-485-9283.

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