My VERY Shortest Short Sale....
Recently I told you about the longest short sale (A Tale of Tenancity, I Refused to take NO for an Answer) I've had in a long time. It's only fair that I give the Shortest Short Sale it's due time.
November 25th the JP Morgan Chase listing was signed.
November 28th the contract was received by Jp Morgan Chase
December 2nd 4 offers had been received
December 4th Offers Countered, Offer Accepted, We are in Contract
December 17st We get OUR APPROVAL from Jp Morgan Chase – 13 days
January 21st close with a 7 day extension to allow for Holiday Vacation Days
We closed this short sale from start to finish in under 60 days.
To top it off the seller received a forgiveness of $1.4 million, with no deficiency. Chase also gave the Sellers $35,000 to short sale their home which I explain here
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