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Wednesday, September 26, 2012

West Sacramento Short Sale Information - Chase Short Sales

Today let’s talk about West Sacramento Short Sales with Chase.


We have rarely had a West Sacramento Short Sale where Chase was the servicer where we did not have to escalate the file to senior management.

This recent file was no exception. We have been working on this Short Sale file for way, way too long. We had a good offer that would not only save the investor thousands but also help the homeowner avoid foreclosure. We received the short saleapproval letter however it was different from what we had submitted. Chase changed the terms when they approved the short sale. Well those changes were not acceptable to the buyer. Let’s face it, you don’t just change the terms and expect to force feed the approval down everyone’s throat – maybe if you are Chase you do.

We did all we could through the “normal” channels only to be stonewalled at every turn. We had escalated the file to a contact at Chase who is normally very helpful but also very busy. Haven spoken to her on Monday we felt assured the file would be handled by Friday. Each day we received voice mail when calling until finally we received an email on Friday stating she was out of the office until the following Tuesday. With a foreclosure sale date scheduled for the following Monday we knew it was time to go “over the top” as they say.

We blasted out an email to every Chase Senior Manager we could find. Did we do it once? Twice? Three times? No we blasted it out every 2 hours from 7 AM until 4 PM.

Well, we have quite a few angry managers at Chase. We were called unprofessional and were told that was no way to get a return call or resolution, but you know what? We got a response and it looks like our sale date will be postponed allowing us time to resolve the issue and close the escrow.

Did we make new enemies? Probably, but I don’t work for Chase, I work for the seller. If you were working with an agent who was a Chase Priority Partner would they have gone to those extremes – not likely.

Is a West Sacramento Short Sale Right for Me?

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 or for the latest West Sacramento short sale information. Call me today and sleep better tonight; you’ll be glad you did

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