Successful Chase Short Sale In New Haven Connecticut
I was contacted by Chase Bank directly in the first week of March to see if I would be interested in listing a short sale in New Haven Connecticut. The seller who lives in New Jersey was also on the phone and provided me with all the necessary information I needed to send all the required listing paperwork and short sale documentation.
This multi family home was purchased as an investment property in May 2007 for $100,000 and the seller then refinanced it for $160,000 in November 2007.
This New Haven short sale was listed on March 30, 2011 for $59,900. It took three months but we received a cash offer on June 23, 2011 which the sellers accepted. The contract was faxed right away to Chase for short sale approval. There were additional counter negotiations with Chase on an acceptable sales price and on July 29th the short sale was approved by the bank.
This home closed today and sold for $47,000. Chase accepted $34, 179.09 on the first and the seller also received $10,000 from Chase as part of their short sale incentive program.
If you're facing financial difficulty, finding it hard to pay your mortgage and owe more on your home that what it's worth please give me a call to discuss your options. Even if you're facing the possibility of foreclosure it is not too late to try and sell your home as a short sale. A short sale is an emotional transaction and I can help you take the stress out of losing your home to foreclosure. Call me today for a confidential consultation.
New Haven Connecticut Short Sales
RE/MAX Alliance
203-645-7467
Mortgage Assistance Relief Services Disclosure
Donna Bigda & RE/MAX Alliance is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating. RE/MAX Alliance is not engaged in the practice of law nor gives legal or tax advice. It is strongly recommended that you seek appropriate professional legal counsel and tax advice for any real estate transaction.
Copyright © 2011 by Donna Bigda, All Rights Reserved ...*Successful Chase Short Sale In New Haven Connecticut*
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