Bank of America is offering a fantastic deal to those looking to get out from under their upside-down mortgages by loosening the usual restrictions that go along with this sort of program.
Orlando, FL (PRWEB) July 27, 2012
RE/MAX Exclusive Collection will begin an extensive advertising campaign next week focusing on providing short sale advice to Bank of America customers looking to take advantage of the bank’s new relocation assistance program.
The campaign will consist of a large mailer initiative informing Bank of America customers of the terms and conditions of the program, as well as offering professional real estate consultations on how to best sell one’s home to meet the September 26, 2013 closing deadline. The mailers also direct interested sellers to the RE/MAX Exclusive Collection website and its extensive short sale information databases.
“Bank of America is offering a fantastic deal to those looking to get out from under their upside-down mortgages by loosening the usual restrictions that go along with this sort of program,” said RE/MAX Exclusive Collection CEO Michael Kara. “When we learned of it, we knew we had to help spread the word so that as many people could take advantage of it as possible.”
Qualifying Bank of America customers who successfully close on a short sale may receive from $2,500 to $30,000 in moving funds. The money may also be used for any remaining lien payoffs the homeowners may have.
Bank of America has reported great success with its recent short sale assistance programs, with 200,000 completed short sales in only the last two years. This latest campaign looks to continue that trend and aid Bank of America customers in avoiding foreclosure.
“A lot of people look at the short sale process and get scared,” said Kara. “They see the constant juggling between bank negotiations, home showings, and offers-counteroffers, and think that it’s just this impossible process. What we’re trying to show them is that, with the right realtor behind them, it doesn’t have to be that way.”
Michael Kara has been consistently ranked in the top one percent of real estate agents in Orlando for the last six years. He is the president, as well as chief broker, at Kara Homes & Associates LLC and an expert in the Orlando short sale process.
Kara recently expanded his operations in Orlando last month by opening the brand new RE/MAX Exclusive Collection. Utilizing the RE/MAX association, as well as leveraging Kara’s extensive real estate experience, RE/MAX Exclusive Collection specializes in the luxury real estate market throughout Central Florida.