What Is Relocation Assistance in a Short Sale?
What Is Relocation Assistance in a Short Sale?
Many homeowners assume a short sale means walking away with nothing. In reality, you may qualify for relocation assistance—cash paid at closing to help with moving costs.
💸 What Counts as “Relocation Assistance”?
Relocation assistance is money a lender pays after a successful short sale to reward a cooperative homeowner. It is not foreclosure cash-for-keys—it’s a negotiated benefit.
👋 Typical Payout Ranges
| Loan / Investor | Common Range |
|---|---|
| FHA | $3,000 |
| Fannie Mae / Freddie Mac | $3,000 – $7,500 |
| Private Conventional | $0 – $10,000 |
| VA | $1,500 |
💼 Who Qualifies?
- Owner-occupied property at time of offer
- No major damage or outside liens
- Full cooperation with showings & docs
- On-time move-out
🧾 How Is It Paid?
Payout happens at closing via check or wire. Unpaid HOA or utility balances are deducted first.
🎯 Tips to Maximize Your Payout
- Request the highest amount on day one.
- Keep the home clean and accessible.
- Respond to lender requests within 24 hours.
- Use an experienced short sale team.
✅ Bottom Line
Relocation assistance can put $3,000–$10,000 in your pocket. Start your short sale or learn how we streamline short sales today.