EL CENTRO – Distressed homeowners in Imperial Valley 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 Garrett Thill of DMA Real Estate. “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 Thill.
As a Certified Distressed Property Expert (CDPE), Garrett Thill 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.
Garrett Thill 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 his website, www.HomeRescueIV.com
For more information, please contact Garrett Thill of DMA Real Estate, (760) 300-3215 ext. 101 or email: gthill@nethere.com
“For the banks, this is a case of simple math,” says Garrett Thill of DMA Real Estate. “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 Thill.
As a Certified Distressed Property Expert (CDPE), Garrett Thill 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.
Garrett Thill 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 his website, www.HomeRescueIV.com
For more information, please contact Garrett Thill of DMA Real Estate, (760) 300-3215 ext. 101 or email: gthill@nethere.com
