Does anyone know how to get to a person of authority in Chase that can start a short sale without the financial package?  I have a client that has had the property discharged in bankruptcy, but it has not gone through foreclosure yet.  I contacted him because I had a buyer interested, I checked with Chase (the servicer), and was told all I would need is the discharge.  After it was listed I had 5 offers in one day and the final offer was over $17,000 higher than asking price.  I submitted the discharge, listing agreement, offer, pre-qual letter and HUD.   I have gone through 3 levels of management and can't get anywhere they all tell me I need a complete package including all financial information.  I did find out the investor is VA.   I have been on hold to them for 20 minutes now.  Any advice?

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  • Thanks to everyone.  I had hoped things had changed.  I called Chase and they told me all I would need was the discharge, obviously that is not the case. 

    Thanks again!

  • yep.  I've agree with what others have posted.  We've always had a full package done even with bankruptcy.

  • Whether there was a discharge or not, they'll still have to qualify for the short sale - the same old way as anyone else. If they want a full package - send a full package.

    I've done a ton of post BK short sales and the requirements have never been any different than anyone else. There's no fast track....

    Good luck!

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