Cash For Keys

Cash for keys is a way for homeowners in foreclosure — or for tenants who are victims of foreclosure — to receive cash in exchange for surrendering the keys and vacating. Banks generally reach an agreement with the occupants of a foreclosed home, which stipulates the home will be left in good condition and cleaned.The agreements typically set forth a specific date that the home will be left vacant, including a promise from the occupants that they will not Vandalize the foreclosed-upon home.

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