HELP! Chase charged off second lien - Short Sale Superstars2024-03-29T06:47:05Zhttp://shortsalesuperstars.com/forum/topics/help-chase-charged-off-second-lien?groupUrl=chase&feed=yes&xn_auth=noSo do you have the letter ind…tag:shortsalesuperstars.com,2016-11-09:3468065:Comment:3808762016-11-09T00:39:07.931ZDean E Eshelman, CPA, CDPE, IREShttp://shortsalesuperstars.com/profile/DeanEEshelman
<p>So do you have the letter indicating the Charge off? Charging off does not mean they have to release the lien, they are just saying they are not going to pursue collection -- so negotiate the second payoff like you would any other second lien in a short sale. Are they saying they are not going to negotiate?</p>
<p>So do you have the letter indicating the Charge off? Charging off does not mean they have to release the lien, they are just saying they are not going to pursue collection -- so negotiate the second payoff like you would any other second lien in a short sale. Are they saying they are not going to negotiate?</p> Brett is correct, something s…tag:shortsalesuperstars.com,2016-11-08:3468065:Comment:3811612016-11-08T19:16:52.963ZBen Benitahttp://shortsalesuperstars.com/profile/BenBenita
<p>Brett is correct, something seems to be missing on this?</p>
<p>Are payments current perhaps or the home only marginally "upside down" (maybe the bank's value shows they WILL get paid in full if they foreclose)?</p>
<p></p>
<p>I am glad to have my team get involved - Ben@ShortSaleShop.net</p>
<p>and I believe Brett also processes short sales for Agents if you want some help?</p>
<p></p>
<p>I wish you all the best either way.</p>
<p>Brett is correct, something seems to be missing on this?</p>
<p>Are payments current perhaps or the home only marginally "upside down" (maybe the bank's value shows they WILL get paid in full if they foreclose)?</p>
<p></p>
<p>I am glad to have my team get involved - Ben@ShortSaleShop.net</p>
<p>and I believe Brett also processes short sales for Agents if you want some help?</p>
<p></p>
<p>I wish you all the best either way.</p> Does their position have any…tag:shortsalesuperstars.com,2016-11-08:3468065:Comment:3808682016-11-08T00:20:32.014ZBrett Goldsmithhttp://shortsalesuperstars.com/profile/BrettGoldsmith
<p>Does their position have any equity? If so, how much?</p>
<p></p>
<p>Is the account in Chase's charge off department in house or a different company?</p>
<p></p>
<p>Sounds like there must be something else going on, I've completed numerous short sales with chase as a 2nd mtg /w a charged off lien. Makes no sense why they wouldn't want to settle.</p>
<p></p>
<p>Brett@ishortsalenow.com</p>
<p>310-564-6389…</p>
<p></p>
<p>Does their position have any equity? If so, how much?</p>
<p></p>
<p>Is the account in Chase's charge off department in house or a different company?</p>
<p></p>
<p>Sounds like there must be something else going on, I've completed numerous short sales with chase as a 2nd mtg /w a charged off lien. Makes no sense why they wouldn't want to settle.</p>
<p></p>
<p>Brett@ishortsalenow.com</p>
<p>310-564-6389</p>
<p><a href="http://www.ishortsalenow.com" target="_blank">www.ishortsalenow.com</a></p>