Yes you heard it here.... $35,000 to short sale your Northern California JP Morgan Chase Home. 
I would not have believed it myself had I not been contacted by the seller to short sale thier home in Danville, CA.
I met with my short sale clients in early November. The Seller decided they preferred to wait until AFTER the holidays to put thier home on the market. I left the appointment with the clear understanding that if a NOD (Notice of Default) arrived or if circumstances changed to please let me know ASAP.
On November 24th I received the following message: "Susan we just got a letter from Jp Morgan Chase. The letter states if we list our home prior to November 30th, Chase will pay us $35,000 upon successful close of the short sale."
That changes the short sale listing timing. I got a signed listing agreement signed by the 25th of November. The signed listing was sent to Chase and confirmation of recept was received on November 28th.
There is more to this story.... you can read all about it here, My Shortest Short Sale EVER....
The sellers DID receive this money when their short sale closed escrow.
The Short Sale Seller walked away relieved of 1.4 million dollars of debt, $35,000 in Cash and 10 months of no payments, no property tax payments. The Seller is definately on thier way to financial freedom, and a good nest egg to be able to purchase again in 3 years.
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