Las Vegas Homeowners Time is Running Out: How the Mortgage Debt Relief Act can SAVE YOUR HOME...

In 2007, the Mortgage Debt Relief Act was passed in an attempt to help the millions of homeowners who, due to the housing crisis and economic crash, suddenly found themselves in danger of losing their home to foreclosure.

The act has helped many distressed homeowners find solutions to avoid foreclosure and opened up options to them that were previously unavailable.

However, the Mortgage Debt Relief Act was always intended to be a temporary solution and it is now set to expire at the end of 2012. For distressed homeowners, this means that time is limited for you to take advantage of this program.

Time is running out. But there is still a chance to change your financial direction and avoid foreclosure. Call Makea Turner with Keller Williams Realty Southwest today and find if you qualify to receive up to $30,000 in relocation money when you short sale your home…

Makea Turner Keller Williams Realty Southwest (702) 542-1883

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Bank Of America Offering Up To $30,000 To Short Sale Their Home

Have you heard about the latest news from Bank of America? Home Owners now have the opportunity to apply for a preapproved short sale prior to putting their home on the market and receive up to $30,000 in relocation money. This move by Bank Of America will reduce the processing time once a buyer is found for your home which will make the short sale more attractive to potential buyers and help homeowners move on with their lives.

As attractive as this may sound there is a catch, the short sale must be initiated prior to the end of this year and close by Sept 13 2013. If you don’t have a loan with Bank Of America don’t worry because you may still qualify for another program which may help you receive up to $3,000 in relocation money.

This new program coupled with the cancellation of debt program, which expires Dec 31 2012, is a great way for homeowners to begin a fresh start on life with the possibility of not having to pay back the deficiency (the balance of the principal after a short sale has taken place).

Another piece of good news you need to be aware of is that some homeowners may also be able to buy a new home one-day after the short sale is complete.

Call Makea Turner with Keller Williams Realty Southwest to set up a FREE no obligation consultation for more details on how you can take advantage of these opportunities before it is too late. 

www.LasVegasAreaHomeSearch.com

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