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Market News and Trends, The Business of Real Estate

Cash For Keys can be a great solution


As an REO agent, I have presented Cash For Keys proposals and consistently found mortgagors happy and relieved to find an alternative to the kind of forced eviction many pictured when they found themselves in trouble with their loans.  Like other interactions with distressed homeowners, this conversation must be approached with sensitivity and empathy, but I haven’t found any resistance at all.

Realtor®Mag reports that the use of cash for keys is expanding:

Incentives Grow to Get Struggling Home Buyers Moving

I have not personally experienced a cash for keys offer in a short sale situation, but it makes complete sense.  Done right, it could certainly be the best end to a bad situation for everyone concerned.

About Bill Morris, Realtor

Many years of business experience (high tech, client service, business organization and start-up, including 18 years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs. Learn more about my background and experience, my commitment to my clients, my profession, and to the real estate industry at CentralTexasHomeSearch.com.

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