BofA Helps Shorts Move! If you are doing a Short Sale with BofA,you may be eligible for some cash to help you move from the home you're leaving. Obviously, due to the way a short sale works, you're not going to be getting any cash from the sale of your home to buy a new home. You're getting absolutely nothing from the sale. BofA is stepping up to attempt to make the process flow a bit smoother. Are they doing this from any great spirit of good feeling for you? I doubt it. It's a simple business decision. If you, the Seller, is able to move more easily out of the property, then they can be assured that the sale will not get hung up on your vacating the place and possibly causing the sale to fall apart. The result of that happening would be no cash to BofA in partial payoff of the mortgage they hold. So, the terms under which they'll consider ponying up some cash--up to $30,000, by the way-- are: the Short sale must be started by the end of this year, 2012. It must close no later than September 26, 2013. Sellers must also proactively work with the bank to obtain an acceptable sale price for the short sale BEFORE the offer from the buyer is submitted.Once things are approved, the actual cash payment to you will be made at closing of the deal. The actual amount will vary from case to case, from $2500 to a max of $30,000. Call BofA for more information. Good Luck.