Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
CHASE short sale timeline questions
We are buying a short sale just north of LA - there are 2 loans: 1st will get paid in full even though late, 2nd is HELOC with Chase and won't get paid in full.
BPO done early January. Package entered on Equator. Trying to figure out if we're close to getting a response on price.
Chase recently asked for:
1. remove certain doc/misc. fees from HUD and remove "cash for keys" payment to seller.
2. buyer to sign buying "as is" document (is this normal?)
3. remove price range from listing.
Any ideas on where I might stand given these requests?
Thanks, Peter