If you are in financial distress and are thinking of short selling your home it is possible your bank will offer you an incentive to cooperate with them. These amounts can range from $3000 to $30,000 and in one case I heard of $40,000. Yes, you are seeing that right. If you wonder why the banks would do this and where the money flows from here is a video. It is from a couple of years ago but still valid. The tax payers are paying and paying and paying….in case you wondered.
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