Chase Rebates on West Sacramento Short Sales

What is up with all the Rumors of banks giving away money to entice you to do a short sale in West Sacramento? Well, in many cases it is the truth. Chase has a program where you can get as much as $30,000 when you short sale your West Sacramento home. $30,000 – that’s a lot of money

The story is they own a number of portfolio loans that they have no idea where the documentation on them is. Most of the loans came from Washington Mutual subprime when Chase bought WAMU a number of years back. Now Jamie Dimon President and COE of Chase is no dummy. In fact the truth is just the opposite – the guys a genius when it comes to finances and making money. He knows that it is cheaper to pay West Sacramento homeowners who are both delinquent and upside-down in their mortgage than risk a class action law suit

I have personally completed two short sales under this scenario. One was an investor who bought the property for $20,000, rented it for 10 years, refinanced it to $80,000, was going to let the property go to foreclosure – we sold it for $30,000 and Chase paid him $10,000 at the close of escrow. The other was just as crazy. The owners owed $200,000 we sold it for $70,000 and Chase paid them $20,000 at close of escrow. In both cases they walked away from the entire debt with no deficiency. Pretty good deal if you can get it. Now – not all Chase, WAMU or old EMC loans qualify and every situation is different. As a Certified Default Advocate I want you to know all your options. Whether you are late on your payments, possibly facing foreclosure or maybe you just owe more than your home is worth, we are here to help.

To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation. Call me today and sleep better tonight; you’ll be glad you did