Looking for West Sacramento short sale information? You have
come to the right place. Mike Rigley Certified Default Advocate,
Distressed Property Expert and your short sale specialist here thank you for
joining us.
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 oldEMC 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.
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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