My recent experience with Chase - and this was a 1st, and HAFA, and a loan that Chase got from Washington Mutual - they were quick, there was some negotiating over the number that they would accept, once the short sale was approved they were in a BIG rush to close.
On Chase 2nds, it depends upon where the file is located. If it is in Chase Recovery, the process is fairly fast once you get the approval from the first. If the file has been outsourced, it could take longer to locate. Chase 2nds are definitely demanding more. I have gotten two done that took only 3 or 4 weeks but one was 15% of balance owed and the other was 20% since buyers & sellers were willing to contribute.
Diane, thanks for the response. Very helpful.
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