If you are unsure who the investor is on your mortgage and want to do a short sale, it’s important that you find out soon. If you need assistance in figuring this out, contact your lender or any Las Vegas area short sale realtor. The reason why it’s important you know who the investor is on your mortgage is because there are currently many short sale incentives out there that are dependent upon this factor.
Some investors, such as Bank of America and Chase, are offering incentives such as relocation assistance and automatic full deficiency waivers. Some short sale realtors in Las Vegas are reporting that their short sale clients are receiving thousands of dollars to short sale their home depending upon the sale amount of the property. One of Bank of America’s incentive programs is the Cooperative Short Sale Program and Chase has been reaching out to their clients and encouraging the short sale by offering them monetary incentives as well as full deficiency waivers right off the bat.
If you are at all interested in short selling your home, now may be the time to do so while investors are feeling so generous. If you would like to find out what kinds of incentive programs your investor offers, or which programs you may qualify for based upon your situation, talk to a Las Vegas short sale realtor today. They can provide you with the information that you are looking for and, should you choose to participate in one of the programs, help you apply and get the balling rolling on short selling your home.