Banks are offering this to homeowners/ tenants of properties that have been foreclosed. It's a win-win situation for both parties involved. The bank is able to take possession of the property quicker without doing an eviction. Also, the property is not vandalized or destroyed. The advantage to the homeowner is they get CASH to help them relocate to another residence and maybe even enough to pay the deposit and first month's rent . Banks are paying anywhere from $500 to $3500.
Homeowners/ Tenants, don't vandalize the property, get paid to move which will have to happen anyways.
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