Cash for Keys
A “cash for keys” option is something your lender may offer after the foreclosure process is complete. If you have exhausted all of your options and saving your home is no longer possible, your lender may offer you a cash settlement to walk away from the home peacefully. Unless your lender offers this automatically, this is something that will need to be negotiated with them. In general, lenders will offer about 1% of your home’s value if you are willing to walk away quickly and peacefully.
Many homeowners report receiving these types of offers throughout the foreclosure process. However, depending on the circumstances, accepting a cash for keys offer should usually only be considered a last resort to stop foreclosure.
The easiest and fastest way to receive help is to complete the evaluation form below and receive your free, customized e-book, which contains instructions and guidelines that can be used to stop foreclosure on your own.