I have found that the lender will NOT automatically agree to moving expenses. Sometimes it depends on what is owed and how much of a loss the lender will be taking. Some lenders will never pay for moving expenses nor gain financially from the sale.
In other cases, some lenders are extremely easy to work with and have setup many programs to help underwater sellers.
There is a good chance that the REALTOR can negotiate moving expenses if the short sale is negotiated early in the process and the home is in very good condition.
I have found that when the lender will pay some part of the moving expenses, the sale goes a lot smoother.
Let us know what you think or add to our blog by writing a comment.
Blog post written by the Dowell Taggart Team of RE/MAX Best Associates
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