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!
yep.