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Foreclosures are costly and time consuming for banks. A cash for keys deal occurs when a bank allows someone to sell their home for less than its value (short sale) and gives them a predetermined amount of cash to help them move.
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∙ 9y ago
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Can you rebuy your foreclosure home?
If you have the cash.
How soon can you buy a house with cash after foreclosure?
Never.....
can you buy a foreclosure with bad credit.?
If you nave all cash to pay for the foreclosure, and you are not trying to finance any part of the cost of it, then yes you can.
Do you have to have 'cash only' at a foreclosure auction?
No, a cashier's check will work, too.
Should I buy a foreclosure from a bank?
The only way to buy a foreclosure is through the bank. If you want to save money you can try to pay in cash.
Can you move back into your house in foreclosure?
No, but this depends on what state you are in - If you are in CA, then the bank (or private party) will post a 3 Day Notice to vacate the home (after foreclosure) - depending on which bank, it sometimes will take them a couple days to coordinate this. On a more practical matter, they will generally offer you "cash for keys" and give you $1000-$3000 to leave within a certain time frame (7-14 days) and leave the home is "broom clean" condition. They do this because the cost of eviction and risk that the homeowner will steal things from the home or leave the home damaged is much greater then the cash for keys. If its not too late then check the details to stop or avoid foreclosure or contact some professional.
Can you buy a house with cash after foreclosure?
Sure this happens all the time. You can probably get a great deal on a foreclosure, make sure you get a home inspection and find out if there are any back taxes owed on the property, Happy Hunting
Does a landlord have to tell you the state of property meaning if it going into foreclosure at the time of signing the lease?
No. Who knows if the foreclosure will actually happen? Besides, the federal Protection of Tenants in Foreclosure Act give the tenants at least 90 days to get out, after the foreclosure sale.
Does Bank of America give cash for keys?
Yes they do give cash for keys. They are giving me $2000 and 30 days. I am hoping to negotiate for slightly more. UPDATE: As of Dec 13, 2010, Bank of America reports they no longer offer the Cash for Keys program. They do a variety of other programs, including HAFA and regular short sales, but no Cash for Keys. I verified this with four representatives of BoA. They confirmed that they had offered it in the past, but no longer do so.
What are keys that change the meaning of what you type?
Modifier keys, the answer is modifer.
Where to cash the 10 keys in secret bear world?
anywhere
What is the meaning of good through date for foreclosure?
It means that the offer is good until the foreclosure date. This means that the offer cannot be redeemed after that date.
