Yes. That was offered to one of my clients. We sold this lovely woman's home in the Seattle area as a short sale (for a price short of what she owed her bank) and not only did the bank forgive the remainder of her debt at no cost to her - free and clear - they offered $10,000 at close for relocation assistance. Thank you, Bank of America.
Bank of America participates in a government program called HAFA. Home Affordable Foreclosure Alternatives. Now, before you get too excited and go to the HAFA LINK, be aware that they also extend another "opportunity". This other alternative is to do a Deed-In-Lieu of foreclosure. Believe me, that is not the most beneficial option when you have the opportunity to sell. It is merely a voluntary foreclosure and you must
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