Florida Homeowners Can Get up to $20,000 for Short Selling Property

It seems that Bank of America has reached an epiphany.  The largest bank in the United States understands that it is far less expensive and efficient to allow their distressed mortgage customers in Florida to short sell their properties rather than for BoA to go through the foreclosure process.

Through August, 2012 BoA will give qualifying homeowners up to $20,000 for relocation assistance upon the successful completion of a short sale.  The program applies to Florida residents who have not already entered into a short sale contract on their property.  This should motivate homeowners to engage in a short sale as an alternative to foreclosure.  View the offer from Bank of America.