Tarp Money, Short Sales and Chase Bank, Can Any One Help?
By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame
This happened after a Trustee Sales was to be done. In fact 15 minutes before the sale was to take place. Then 2 weeks later Wachovia bowed to Chase.
Chase had already countered an offer, and the counter had been accepted. Chase represented by M. Harmon has not sent the contract back or an approval letter.
M. Harmon, who works in the short sale department at Chase said the case was closed and that the short sale would not happen. Then M. Harmon's supervisor was contacted and the case was reopen. M. Harmon left me a voice mail 2 weeks ago and said the case was active. Still no one has heard again from M. Harmon or Chase.
I have no email for this man M. Harmon, only one number and a fax number. When you call M. Harmon is always goes to his voice mail. He never returns calls.
The process with the offer and counter started the 1st of February and it is still going on. Does anyone know a person a Chase that I can talk to move this matter forward? Please contact me and let me know.
The buyer is getting tired of waiting and you cannot blame them. Chase is stalling, why I do not know when you have a buyer who wants to close. Why would they want a property with an HOA to pay and to set for months? They will not get much more money that what the buyers has accepted from the counter they did. It makes no sense like M. Harmon of Chase bank makes no sense.
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STOP FLUSHING MONEY down the dain, this is what Chase Banks seems to be doing! |
If you are aware of fraud, waste, abuse, mismanagement or misrepresentations affiliated with the Troubled Asset Relief Program, please contact the SIGTARP Hotline! (877) SIG-2009
By Mail:
Office of the Special Inspector General
For The Troubled Asset Relief Program
Hotline
1500 Pennsylvania Ave., NW, Suite 1064
Washington, D.C. 20220
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UPDATE;
BLOGGED ABOUT CHASE, GOT KICKED OFF FACEBOOK FOR IT. OH, WELL, NO GREAT LOST. REPORTED THEN TO SIGTARP. GPT A CALL TODAY FROM SIGTARP. F\THEY COULD NOT GO ANYTHING HOWEVER............
HOWEVER, THEY TOLD ME ALL BANKS ARE REGULATED BY OCC AND TO REPORT ANY MISCOMDUCT TO THE OCC.........SO HERE GOES. I HAD MY SELLER CALL AND REPORT CHASE AND WACHOVIA.
HERE IS THE INFO........Email or call OCC at Customer.assistance@occ.treasure.gov OR 1-800-613-6743 They regulate banks! Info from SigTarp.
CHASE CALLED ME TODAY (M.HARMON). CHASE NEEDS A NEW HUD, 4TH ONE I MIGHT ADD, AND A NEW CLOSE DATE AS THEY ARE ONLY MONTHS OFF. I INFORMED THEM THAT THIS WAS A FANNI MAE LOAN SO THEY COULD NOT GFORCE ME TO CUT MY COMMISSION. ALSO I WAS BLOGGIN ALL OVE THE NET ABOUT WHAT IS GOING ON WITH THIS TRANSACTION.
THE LATEST HITCH IS WACHOVIA WHO WERE DRAGGING THEIR FEET, THE LETTER THEY SENT RELEASING THE SECOND EXPIRED ON APRIL 16TH. TODAY IS APRIL 21ST. NOW THEY NEED A NEW LETTER FROM CHASE. IT NEVEDR STOPS!
HELPPPPPPPPPPPPPPPP
AND THE BEAT GOES ON.........
Elaine is a published author on real estate both commercial, residential and property management. Her articles are on her web sites for you to read and enjoy.
Visit my web sites to view other listings at www.voncannonrealestate.com www.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.
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