Citigroup offers $12,000 to Short Sale This YearPosted by Tyson Lund on
The Lund Team is one of the few brokers with the experience (and patience) to work and close short-sales in this tough marketplace. We received updated information that Citigroup is offering incentives for homeowners to short-sale this year.
For more information on the short-sale process, contact The Lund Team!
--------- News Release
Citigroup offering incentives to short sale home
Citigroup's mortgage servicing branch CitiMortgage is offering an average of $12,000 to borrowers who complete a short sale this year. By comparison, the mortgage servicer was offering $1,500 payments on average in 2009, and $3,000-$5,000 payments in 2010.
"Incentives will be offered to customers experiencing financial hardship who need funds to…
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