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Chase Short Sales

A group to Discuss Chase Short Sales and mortgage short sale programs with Chase Bank and Chase Home Finance.

Members: 557
Latest Activity: Feb 8

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Chase Mortgage Short Sale Program

 

Working on a short sale with Chase or a short sale with Chase Home Finance?  You came to the right place!  This is a forum we have created to discuss the Chase short sale processthat will serve as an information based guide.  Please share ANY experiences you have with Chase.  This is also an excellent place to seek assistance if you are having trouble with a file and need an escalation contact.

 

Chase Short Sale Department Contact Numbers
(800) 548-7912
Loss Mitigation (877) 838-1882 ext 52195
The Number you will be directed to after you give your loan number: (866) 665-7629

Chase Home Finance Short Sale Department Contact Numbers
(800) 848-9136 (customer service) (858) 605-2181 (delinquency customer service)
General Info: 614-422-0376
General Fax: 614-422-7259
Chase Loss Mitigation Dept: 800-446-8939
Chase Loss Mitigation Fax: 888-874-2664
Collections: 800-848-9380
Regular package fax: 614-422-7259
Authorization Fax: 614-422-7912
Authorization Fax2: 614-422-7575
Authorization fax 3: 866-282-5682
Foreclosure Department: 800-981-3792
Chase Short Sale Department (investor owned loan): 877-419-6490
Chase Short Sale Department (bank owned loan): 800-437-4892
Short Sale Fax: 866-220-4130

Chase Home Finance - New Jersey
(800) 446-8939


Click Here for a Chase Short Sale Package

Click Here for a Chase Short Sale Supplemental Packet

Discussion Forum

Chase will start processing short sales on Equator next month

Started by Mike Linkenauger. Last reply by Sheila Vardakis Jun 23, 2013. 17 Replies

Just got back from the REO Expo in Ft. Worth Texas the other day.  One of the "powers that be" in Chase informed me that they will be making the switch over to Equator to process all short sales starting in a month or two.  I personally think this…Continue

Tags: Equator, Platform, , using, Chase, , Chase, Bank, Equator, System"

Chase & Equator

Started by Angie Freeman. Last reply by TOP END Properties Jun 18, 2013. 7 Replies

I recently and still have an issue with Chase and the Equator system.  I was told that when we send a message to a negotiator or a closer at Chase, that they are not notified that there is an outstanding message.  I did try and call the closer 5 or…Continue

Chase Loan, Approved, but now delaying a closing!!! Please Help

Started by Teri Jo Fox. Last reply by Florian Santos Mar 27, 2013. 1 Reply

Good Day to All... I have a client that made an offer on a property that Chase has the current loan on. After 6 weeks, we finally received the Approval to Participate on March 14th. My client had everything ready to go, so we could move right along…Continue

Chase / Fannie Mae Maximum

Started by Darryl Joyner. Last reply by Ed Tobey Feb 17, 2013. 11 Replies

I just spoke with a person wanting to negotiate my short sales. He stated that since Chase loans are Fannie the maximum broker commission is now4%. Has anyone else heard this? 

Need A Chase Short Sale Supervisor Number!

Started by Sandy Lane. Last reply by Sandy Valenzuela Oct 10, 2012. 3 Replies

I have a short sale listing & spoke with the negotiator at Chase yesterday. In order for Chase to receive 82% of the appraised value the price would need to be raised $2,000. The buyers agent informed me today that the buyer would not be willing…Continue

Homeowner Just Wants to Cure His Default!

Started by Billie DeSimone. Last reply by Billie DeSimone Sep 12, 2012. 4 Replies

I have a homeowner who got behind on his 2nd, and bank is threatening foreclosure.  This person doesn't need to short sale, just wants to FIX the problem, and can catch the payment up.  However, everyone he speaks to at Chase disappears after one…Continue

CDPE

Started by Rebecca Giacobba. Last reply by Fred Tenbrink CDPE, SFR Sep 12, 2012. 2 Replies

Hi I need to get CDPE certified. Does anyone know of a cheaper online course. They all see to be about $600?Continue

About to give up

Started by Kristin Dolak. Last reply by Jill Eastman Sep 11, 2012. 4 Replies

Hi everyone,I hopped on here to hopefully get a little bit of advice.  I am currently buying a house that's in short sale from Chase.  Our initial offer was in the beginning of April.  After pulling teeth we received a letter that they declined and…Continue

is all cash best?

Started by lee rennacker. Last reply by Todd W Sep 4, 2012. 2 Replies

i am buying a chase short sale, I understand the owner needs to first accept then the back (chase) needs to accept.  The full price listing is for 400K, I could either offer full price where I need financing and provide a pre-approval, or get…Continue

Chase Deficiency Judgement Holding Up Another Short Sale

Started by Jo Anne Rizza Jun 22, 2012. 0 Replies

I have been working on a Chase Short Sale for quite sometime.  We overcame so many obstacles already (IRS Liens, second mortgage, Homeowner Association etc).  However, my Seller had lost an investment property to foreclosure last fall which was also…Continue

Tags: Sale, Short, Judgement, Deficiency, Chase

Comment Wall

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You need to be a member of Chase Short Sales to add comments!

Comment by Sharon Sapp on July 5, 2013 at 5:29pm

Debbie, same thing happened to me with a BOA short sale. Nothing happened until the congressman's office started to investigate (along with the news channel investigators). Then we got results and closed in 30 days.

Comment by Debbie Parkans, CDPE, CSSG, CRS on July 5, 2013 at 3:58pm

I wish I knew what was going on there.  My little short sale opened in October went through 15 processors, 2 negotiators and I don't remember how many accelerations.  Sent to HAFA 4 times even though the file specifically states that neither the investor nor PMI participate.  Someone just can't read or had too many files and figured this was a way to get rid of it.    Finally after my client got one of our congresswomen involved we got it approved.  From the time her office intervened it was approximately 30 days for the whole process - Got the approval letter this morning.  We should not have to fight so hard on these. Instead of things getting easier, the banks get more inept every day.

Comment by Sharon Molnar on July 5, 2013 at 2:06pm

Have a chase short sale that I've been working for 10 months. They kept sending seller packages, seller sends them back and me copies, I keep up with phone calls etc. Then one day we wake up and instead of being approved, we have to go to equator. Ok. resubmit everything - now the foreclosure department and short sale department know there is an offer. Sale date issued, July 1 they denied the sale. No explanation. No nothing. Every day I send an email and calling why. Today they decided ok. we will take the offer but you have to close a USDA loan by July 17, 2013. What the heck. 

Comment by Celeste O'Dea on May 29, 2013 at 10:31pm

I had a Chase short sale approved on May 21 and was told that I would have the approval letter within 48 hours.  Today is the 8th day and I have not received it and have sent multiple emails to the Closing Department and to the supervisor with NO response.  Does anyone have an escalation contact for Chase?

Comment by Tracey Williams on May 22, 2013 at 8:00pm

Does anyone have an escalation contact for Chase?  They received our short sale package on March 19, 2013 and STILL they have not ordered a BPO.  We have been calling all week; every week - NOTHING!   ???

Comment by Helen Law on March 14, 2013 at 5:04pm

We need to negotiate the late fees, foreclosure and attorney fees down by only about $5,000 to get a sale closed.  These borrowers cannot do a SS.  Has anyone had a success with negotiating these fees without doing a full short sale?  Your help and advice are much appreciated.

Comment by Debbie Parkans, CDPE, CSSG, CRS on March 14, 2013 at 5:00pm
On the CDPE broadcast they were going to announce a new acceleration number for chase. I wasn't able to get on from my. iPad. Did anyone get the number. I have one I have been working on since September and when I went to the normal acceleration dept they were no help.
Comment by Kathleen Floryan on February 16, 2013 at 9:57am

Chase Update... they are using Equator now but not for uploading new short sales.

Comment by Sheila Vardakis on October 10, 2012 at 11:47am

Sandy, I am in the same boat but over $5K.............I would love to get a contact at Chase that is high up

Comment by Mike Linkenauger on June 18, 2012 at 2:41pm

Just got back from the REO Expo in Ft. Worth Texas the other day.  One of the "powers that be" in Chase informed me that they will be making the switch over the Equator to process all short sales starting in a month or two.  You heard it here first folks!

 

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Discussion Forum

Chase will start processing short sales on Equator next month

Started by Mike Linkenauger. Last reply by Sheila Vardakis Jun 23, 2013. 17 Replies

Chase & Equator

Started by Angie Freeman. Last reply by TOP END Properties Jun 18, 2013. 7 Replies

Chase / Fannie Mae Maximum

Started by Darryl Joyner. Last reply by Ed Tobey Feb 17, 2013. 11 Replies

Need A Chase Short Sale Supervisor Number!

Started by Sandy Lane. Last reply by Sandy Valenzuela Oct 10, 2012. 3 Replies

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