You can actually make money when you complete a Venice short sale. What? Yes, you read that right. You can actually make money when you complete a Venice short sale and there are a number of different ways to do so. Venice short sale experts explain that currently many different lenders, investors and even the government are offering short sale incentives to those homeowners that qualify.
Some lenders, such as Chase, Wells Fargo and Bank of America, are offering the customers that complete a Venice short sale anywhere from $3000 to $30,000 to complete a short sale; this, of course, depends on the selling price of your home but if you’re completing a Venice short sale and starting over financially, wouldn’t a little extra cash in your pocket be nice?
Also, if you have an FHA or VA loan, they, too, are currently offering short sale incentives to those homeowners that have their mortgages backed by them. Those homeowners that complete a Venice short sale on their FHA loan can receive up to $1000 at closing and those with a VA loan can receive up to $1500. Lastly, there are a few different government programs available to sellers completing a Venice short sale with the most popular one being HAFA. There are certain stipulations to qualify for the seller incentive through HAFA but if you do qualify you can receive up to $3000 in cash.
One of the important things to note is that it is possible to qualify for incentives from all three of these sources; you could potentially walk away from your Venice short sale with a nice sum of money in your pocket. To find out more about these different incentive programs, which ones you qualify for and what you need to do to get started get in touch with a Venice short sale specialist at your earliest convenience. Put a little money in your pocket to get your new financial future started out on the right foot.