Posted on December 27, 2011 at 9:00am 1 Comment 2 Likes
Closed another short sale last week! Chase is great! I was able to get the bank to pay for back HOA and fees of approx $7500 plus I got the seller $20,000 incentive money, just in time for Christmas! Shortly before that I closed an trust sale, both in Orange County, CA.
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Hello Debra: You seem to be very familiar with Chase so I want to see if you might have a suggestion here. I represent a buyer on the a short sale with Chase (only a first). Property was listed for $179,857 (strange amount), and we offered $180,000 cash. The bank did another bpo and the rate came in at $189,000 (fine); however, Chase came back with a verbal counter of $243,000 in questioning the agent, she indicated it is not Chase who is countering this but a private lender. How, if there is a way, can we approach this to try to get some realistic figure to work with. I really appreciate any input you can give - thanks.