$60,000 opening bid! Previously valued at $210,600!
Added by Michael Collins, CDPE, SFR on October 23, 2013 at 2:16am — No Comments
I represent the buyer, and the seller holds a Chase mortgage. Their agents are great, but the negotiator is typically coy, giving no concrete answers.
Buyer has been U/c for $143,000, which was the H& B offer in a multiple offer situation in April
(listed at $149, then $139K for a month) Atlanta real estate market is bouncing UP.
The mortgage balance is from a Chase conventional refi of 201,000 in Feb 2012
Based on BPO, Chase has countered contract for $158,000…
ContinueAdded by Jody Steinberg on June 7, 2013 at 12:41pm — 3 Comments
Long story short - it's an EQ file ... ONE mortgage with Chase
Chase has had a FMV Offer on file since April 1st
We have met THREEE (3) people at the property who have done BPOs / Appraisals
FC is set for May 7th
They have ALL DOCS and have HAD ALL docs since about April 9th
Chase is saying FNMA must PP the FC - FNMA is saying that Chse must PP the FC - HELP!!!!
I have TRIED to escalate at FNMA and they clsoed my ticket out saying NO BPO has been…
ContinueI listed a short sale with 2 loans serviced by Chase. CLTV is LESS that 50% of market value. Submitted a CASH buyer and assigned a negotiator in less than 3 weeks. Today, he is submitting my package to the investor.
We'll see...NOD in May 2012 but nothing posted in public record. Negotiating to include payoff to release an abstract of judgement from a deceased husband over a year ago.
Scheduled to close AUGUST 30.
Added by Esperanza Agbayani on July 30, 2012 at 11:55am — 1 Comment
Added by Sidney Kutchuk on April 3, 2012 at 6:39pm — 17 Comments
The National Association of Realtors and the U.S. Department of the Treasury are collaborating to help Realtors better assist distressed homeowners who are struggling to Selling Your Home Through a Short Sale - Avoid Foreclosure.
Realtors who attend upcoming Making Home Affordable "Help for Homeowners" outreach events, sponsored by the Treasury Department, will learn insights to help them…
ContinueAdded by Jason Opland on February 29, 2012 at 8:06am — 3 Comments
Need feedback, help and advise.
I've listed a home (Nov. 2011) in Scottsdale AZ, for a seller who was discharged of his Mtg Debts thru Chapter 7 BK in 2 months prior-Sept.2011.
The seller did not want a secondary negative credit reporting of a 'foreclosure' on his credit after his BK, so that is the reason he would like to short sell.
The first Lien holder ( B of A) approved the short sale and offered the junior Lien holder (chase) $6,000 to release the…
ContinueAdded by Debra Savittieri on February 15, 2012 at 5:29am — 12 Comments
The internet is great for getting information quickly. I love the fact that I can go to one of the search engines and type up a questions and get a list of responses which I can quickly look over. However, there is so much unfiltered information out there; sometimes you become more confused about the topic after reading a lot of conflicting…
ContinueAdded by Steve Mun Group on June 16, 2011 at 2:30pm — 2 Comments
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