Chase Discussions (369)

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Chase won't use REO properties in BPO to determine value

For some reason Chase seems to think that buyers are willing to pay more for short sale properties vs. bank owned.  It never occurred to me…

Started by Rachel Diedrich

3 Jun 14, 2010
Reply by Ben Benita

Chase (1st lienholder) is dictating what the 2nd lienholder BofA what they will get. (and that it)

short sale where Chase is in 1st position and BofA is in 2nd position. Chase is capping what BofA will get. ie: Chase said BofA can have a…

Started by Scott Short

18 Jun 13, 2010
Reply by Bryant Tutas

Another GREAT TIP....I am learning lots this week

If you ever send your documents directly to your negotiator via e-mail, be CERTAIN to also send them to the general "800" number faxes so t…

Started by Ben Benita

10 Jun 10, 2010
Reply by Terry L. Osburn

Chase has 1st AND 2nd/ 1st to negotiate BOTH?

HI Everyone! Has anyone encountered this one yet: We have our short sale approval from Chase-from the first. The collection company who now…

Started by Sylvia Barrenechea

3 Jun 10, 2010
Reply by Ben Benita

HOA Foreclosed - Chase in First and Second Position

We have one where the HOA foreclosed and took over the property.  Chase has a first and second, and property is upside down.   HOA would li…

Started by Christine Donovan

9 Jun 7, 2010
Reply by Ben Benita

Is it possible to get a deficiency release on an FHA-insured loan via Chase?

Have a contract for $41,000 above the the value of Chase's appraisal.  It is an FHA loan and Chase has issued a HUD "Approval to Participat…

Started by Mike Zwarick

11 Jun 4, 2010
Reply by Ben Benita

missing 3rd party authorization

Unbelievable, sent in 5 times to 3 sets of numbers. My confirmation says they got, Chase employees says they have not. Perhaps it's lost so…

Started by Oma S Hoffman

8 Jun 1, 2010
Reply by Oma S Hoffman

Chase declined Short Sale - offer was 90% of BPO, Bank would rather do Deed in lieu? Why?

Okay, so I have had Investment property condo on market for almost a year.  Had a lot of offers, but not high enough. Finally, got a cash o…

Started by Bet Longer

2 Jun 1, 2010
Reply by Ben Benita

Chase 2nd asking for a 4% commission?

We've been negotiating with BofA on a 1st and a $80,000 Chase on a 2nd. BofA offered $3,000 to Chase. Chase said, we need $15,500. BofA cam…

Started by Jared Hokanson

8 Jun 1, 2010
Reply by Victoria Frieberg

Have you had any luck getting Chase to release the owner from deficiency

Hi. I have closed a few files with Chase. I have one now...investor owned. Has anyone had any luck getting the deficiency language removed?…

Started by Laura Marshall

6 May 28, 2010
Reply by steve Letterman

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