Cash For Keys

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Cash For Keys

One alternative to foreclosure you may want to consider if you are unable to sell your home within the needed timeframe before foreclosure is “Cash for Keys.”

In a “cash for keys” deal, the servicer or lender will typically pay you a few thousand dollars if you agree to leave the house in good condition by a certain date. The money is intended to help you move your belongings and pay a security deposit for your new rental residence.

Cash for keys may be available after a deed-in lie, a sale, or even a foreclosure.

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