Short Sale - BOA - Why do they need tax returns? Relocation ... - Loan

Well after years of dealing with BOA we entered into a Short Sale agreement and officially listed our home with the real estate agent in March. We now have a contract on the house and are set to close on July 16th. Our real estate agent just sent me forms from BOA for them to obtain our tax returns for 2012. Why on earth do they need our tax returns? I can't think of any reason they would need them.

We are doing a Cooperative Short Sale and the forms which we signed dated January 17, 2013, state exactly "If the cooperative short sale is successful, you will be entitled to relocation assistance of $5,000-30,000* to assist with moving, rental and relocation expenses." Now on the BOA website, they show relocation expenses for a cooperative short sale is $2,500-30,000. Don't you think they have to pay me the minimum of $5,000 as it states in the agreement we signed in January.

Source: http://www.loansafe.org/forum/short-sale-outpost/84983-short-sale-boa-why-do-they-need-tax-returns-relocation-expenses.html

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