I don't know if I should say I am baffled or if I totally missed something! I have had a short sale listing since July 2010 ... no offers. We sent in a short sale packet back in October, after Chase requested it to be sent again, though, we did not have an offer. I was told by them, that they would not do anything until we received an offer. And at that time, is when I can will need get the file packet updated.

Today, out of the blue (no offer yet), a short sale representative contacted me. She wants to order a BPO. I told her I did not have an offer. She said, she wanted to get a HAFA approval done to help the sale of the property!! After requesting this last year,I told her I requested this back in July, then again in October and was told NO both times. To say the least, I was a bit confused. She said ... we (Chase) is being pro-active and wants to get as many HAFA approvals done to help the short sales.

So ... anyway, we are updating the borrower's short sale packet and a BPO has been ordered. She is hoping to have the listing show Short Sale approval ... please show!!

WOW!

 

((By the way, this home listing is in Maricopa, Arizona - priced only at $75,000 - similar to another 500+ listings that are active in the small community town))

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Not to be a kill-joy, but hold your excitement until you see what price Chase tells you to list the house at.  My Chase HAFA negotiator told me to up the price on my short sale by $65,000.  He would not lower it no matter what comps I sent.  They later told us we were out of HAFA because the hosue didn't sell within the time-line - and now the house is scheduled for foreclosure.  Chase is the devil.

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