Archives for August 2011

Chase Short Sale Outreach – Lessons Learned

I recently closed the first Chase Short Sale Outreach listing that was referred to us and I wanted to share some of the details as to how the transaction went.  For more about this program read here.

 Truly An Outreach

As best as I can tell, this is strictly an outreach program being rolled out in phases across the country.  By “Outreach”, I mean that Chase reaches out to homeowners apparently at random.  The listing we just closed was NOT in default.  I will of course make an attempt to have my next Chase file included in this program, but so far it sounds like a one way street.

 Much Easier Than Most

The Documentation required to get this short sale approved was very minimal.  [Read more…]