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Foreclosure lister: 'Cash for keys' is crude
Photo credit: iStock
Lenders have been paying homeowners money to vacate foreclosed homes, but don’t call it for “cash for keys” anymore. That's crass.
That decades-old term has been replaced by “financial relocation assistance,” said broker Mark Palladini, whose Bohemia company, Map Real Estate Services, handles foreclosure listings for lenders.
“I just think it’s...
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