Almost every lender mandates that in order for them to accept a short sale, the homeowner must receive $0 on the HUD-1 Settlement Statement.
The lender will not allow the borrower to profit from the transaction, if the lender is accepting a short payoff on the loan. However, through our experience and expertise, we are able to submit the proper forms and get you (the seller) up to $1,500.00 to help with your moving expenses.