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Are you familiar with Operation Homefront and their Partnership with Chase Bank?

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Real Estate Agent with Berkshire Hathaway HomeServices California Properties 01238708

Are you familiar with Operation Homefront and their Partnership with Chase Bank?

Google Image of Military from Free military Scholarship.com

Are you familiar with Operation Homefront and their Partnership with Chase Bank?  Just in case you are not:  Operation Homefront is a National Nonprofit Emergency Assistance Organization that provide help to military families and Wounded Warriors. (http://www.operationhomefront.net ) There is a new partnership with Chase Bank ((https://www.chase.com) and Homefront as of today.

Chase Bank will Donate 100 Homes and Support to the Nonprofit. Simply Operation Homefront and Chase Bank will match homes in the bank’s inventory with deserving families.

The Requirements will be:

1.     The recipient must be active duty, National Guard or Reserve,

2.     Or have been honorably discharged

3.      Do not currently own a home

4.      Be financially capable of sustaining the home throughout a transition period and beyond

The first priority will go to families who currently live at an Operation Homefront Village, which provides transitional housing for Wounded Warrior families. Along the same line of priorities will be surviving single spouses of those killed-in-action.

This is one of the best News I heard today.

Not wanting to sound ungrateful, but Chase could probably afford a few more homes. I am hoping that the other Banks will follow Chase’s lead and do the same.  After all let’s not forget that last year Banks have evicted wrongfully quite a few military families in financial need.  As of this writing the Justice Department is reviewing most of the major banks that carry mortgages of military families to make sure that they are not in any violation of the Service members Civil Relief Act

As a Realtor and someone who served in the military, I salute this small step in the right direction and I challenge the other major Banks to follow the Lead.

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If you are a consumer who is considering buying or selling a home, investment real estate, vacation homes, or beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Culver City, Marina Del Rey, Venice or Malibu. Feel Free to give me call at   310.486.1002   or    email me at homes@endrebarath.comor visit one of my websites at http://www.endrebarath.com Your Pet Friendly Realtor. I contribute a portion of my commission to Local Animal Rescue Organizations.

 

Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Endre, I like that you challenged other banks to do the same.  I hope that number grows large enough to provide quality housing for all of our service people and their families who could use a hand up!!!!  Thanks for sharing some good information.  

Feb 22, 2012 08:55 AM
Rene Fabre
ARFCO Media - Renton, WA
Practicing Philosophical Eclectic of the Arts

This is great news... I was not a fan of Chase when they took over Washington Mutual... yet, setting aside old grivance's this sounds like a great undertaking... Yes, I challenge the other banks to follow. It would put us on a path of healing and responding correctly to those that did our country's bidding and paid a very high price to do so... Lord know's, they didn't make it in wages. Great share, thanks.

Feb 22, 2012 12:00 PM
Teral McDowell
Referral Patners LLC - Murphy, TX

Cool deal! Let's hope that some of the other major banks join suit.

Feb 22, 2012 12:43 PM
Doug Bullwinkel
E Mortgage Capital, Inc. NMLS 1416824 - Roseville, CA
Mortgage Loan Officer NMLS #281609

This is a great PR item that Chase should be using to show some compassion vs the reputation of a cold hearted bank.  With every cloud there is a silver lining.  At this point, we have to be grateful for anything they can do to help.

Feb 22, 2012 12:46 PM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Kudos to Chase. Hope this helps many families who serve our country. Thanks for sharing this, Endre.

Feb 22, 2012 12:47 PM
Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

Hello Endre: This is news to me! Thanks for sharing! This one is worthy of a re-blog!!

Feb 22, 2012 01:03 PM
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Great information, Endre, as I was not aware of this program. Chase certainly could afford more houses--but it's a start!

Feb 22, 2012 09:59 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Juli, I wish as well and that there would be more housing to give to the families of service men and women!

Rene' this is true, I have not been a big fan of any of the large Lenders, they all did some questionable moves....

Teral yes it would be nice to see B of A, Wells Fargo to name a few!

Feb 23, 2012 10:41 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Doug not wanting to sound ungrateful ....they could write it off their taxes!

Pamela, yes it is start!

Feb 23, 2012 10:43 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Joni, thank you for spreading the word!

Toni yes it is a good start hope they and the others pick up on the concept!

Feb 23, 2012 10:46 AM
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

Hi Endre,  Good news!  I was not aware of this.  Thanks for sharing it with us.

Feb 24, 2012 12:37 PM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

This is definitely worth a reblog to a much larger audience than I can reach.  Thanks, Endre!

Feb 24, 2012 11:51 PM
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA

I hope other banks will heed this program.  Thank you for sharing the information.  I will share with my buyers department. 

Feb 25, 2012 12:38 PM
Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life

Love this, Endre!  Great for you to put it out there.  Win/win all around.

Feb 28, 2012 03:59 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Ron, thank you for the Re-blog, getting the word out is key!

 

Joy I agree with you hope the rest of the Banks step up as well!

Jason, glad the word is filtering out!

Feb 28, 2012 12:31 PM