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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: 546
Latest Activity: yesterday

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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 Sidney Kutchuk Apr 1. 15 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 Loan, Approved, but now delaying a closing!!! Please Help

Started by Teri Jo Fox. Last reply by Florian Santos Mar 27. 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. 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

Confusion at Chase

Started by clyde rasmussen. Last reply by Lisa Jones Jun 13, 2012. 1 Reply

Calling the Chase short sale department over the last few days (6/13/2012) results in a network recording "due to circumstances beyond our control we are unable to take your call at this time" then it hangs up.For those interested in making progress…Continue

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

Comment by Tracey Williams yesterday

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!

Comment by Kathy Stanavitch on June 15, 2012 at 6:31pm

I am surprised at Chase I had very good deals with them this year and also Seterus Wells I have real big problems with BOA my Chase deals were difficult also I wonder sometimes if they are all in the same building somewhere and just switch you decline the state and this agent this week and next week we will decline another one lol you gotta laugh if it wasnt for short sales we would have no sales lol

Comment by chris magliocca on May 22, 2012 at 11:02am

I have a lot of success with chase short sale especially with the incentive.  If anyone wants to send me shorts to do feel free.

Comment by Stephen Dotlich on May 21, 2012 at 6:56pm

I have put in an offer for a short sale purchase. This home had an offer that was accepted by the bank and then had the buyer pull out at last minute. I put in my offer at the same price it was previously approved at by Chase. I was told that because of how far it had went through the proccess prior to my offer that I could get an approval in 3-4 weeks.

I have asked my realtor to please make sure that the listing agent is giving regular follow ups that include e-mail and fax as i have read in many places that this really helps. My realtor wrote me back with this...

  "I will caution you that there's a fine line to asking an agent for updates and progress of the file and telling them how to do their job.  I don't want the agent to get upset because of your  requests and not want to help this along"

This makes me very nervous of my realtor not being strong enough to make sure things are being taken care of correctly.

What do I do. I really want this house, and I don't want to wait longer then is nescasdary because of a lack of follow up by the realtor.

Can I fire my realtor and hire a short sale specialist as I found out my realtor has only closed 1 short sale even though she has been in the business 20 years.

Will firing her ruin the entire deal and I will have to resubmit everything and start over?

What else if anything can I do on my side to make sure my concerns are being taken seriously and thta the realtors involved are on their game?

Thank you in advance for any help

Comment by Lisa Jones on May 5, 2012 at 4:05pm

I just wanted to chime in and gove kudos to the Chase Short Sale customer service reps. I have initiated 3 short sales with them in April and they are all moving along smoothly. I already have counters on 2 and accepted offer on 1.I wish that all my short sales went this quickly. Just to mention, all of these Short Sales have only one loan with Chase.

 

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Discussion Forum

Chase / Fannie Mae Maximum

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

Need A Chase Short Sale Supervisor Number!

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

Homeowner Just Wants to Cure His Default!

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

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