Chase Short Sale Outreach Program is Real!

By
Real Estate Agent with RE/MAX of Naperville

Chase Short Sale Outreach Program is Real!

Short Sale

 

Lately, I have been hearing a lot about an incentive that Chase Bank is offering to homeowners to sell their home as a Short Sale. Some people are saying it's up to 30,000, some are saying it's up to 25,000, and I was not sure if the Chase Short Sale incentive was a rumor or that it was actually being offered to homeowners -- a little too good to be true.

 

 

I am here to say that it is true!...I was talking to a Chase representative this week regarding one of my short sale clients, my client was offered a $10,000 incentive that the client will receive once the short sale is completed. I was very happy for the client -- so happy that I almost ended the conversation with the representative without getting the information about the short sale program. But I held it together and got a few details.

 

 

They are;

The name of the program is -- Chase Short Sale Outreach Program

It's a program designed to help motivate homeowners in an effort to prevent foreclosure.

It's is on loans where Chase is the investor.

Not sure if there is a maximum incentive amount.

 

 

 

Since the program is so new, this is all the information the representative could give me. I am sure we'll be hearing about it more in the near future. My opinion -- I think the short sale incentive is a great way to help homeowners start fresh and get back on their feet. So far my experience in dealing with Chase has been nothing but positive -- they are the most helpful in reaching out and getting the short sale closed.

 

 

 

Posted by

Maria Mastrolonardo is a full time Illinois Realtor-Associate with RE/MAX of Naperville specializing in Short Sales. She has been helping home-buyers and home-sellers since 1997. She can help you with any questions or information regarding Short Sales for the Western Suburbs of Chicago which includes but not limited to; Naperville, Aurora, Downers Grove, Lisle, Plainfield, Bolingbrook, Warrenville, Wheaton and Woodridge.

To reach her call/text at (630) 248-6077 or mmastrolonardo@gmail.com

 

You can also find me here!

 

                                    

 

RE/MAX of Naperville is not associated with the government and our services have not been approved by the government or your Lender. Your Lender may not agree to the change of your loan and/or a Short Sale.

Photo: Microsoft Clip Art

 

 


 

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Anonymous
Joseph Rife

The program worked for me!  I just closed on my house in Florida and received two checks at closing.  One was for $35,000 from the Short Sale Outreach Program and the other was for $3000 from the HAFA program!!!

Sep 13, 2011 05:52 PM #1
Anonymous
Jo in Louisiana
I hope I can ask a question on this website. If so, here goes: I am a homeowner through Chase. I also got the letter from Chase with the $20k incentive, etc. I am in the middle of a Short Sale, and when I called the number on the letter twice, both times was assured it was true. My Short Sale has now been turned over to a negotiator who is saying no, that the $20k will not be for me, but applied to the defiencency on the loan. does anyone know if that sounds correct? I'm just getting mixed messages from Chase and not sure?
Sep 14, 2011 10:53 AM #2
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Maria Mastrolonardo

Realtor, Naperville, IL Real Estate
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