Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

674
Posts
182
Votes
Ryan M.
  • West, MI
182
Votes |
674
Posts

Chase Short Sale Counter....

Ryan M.
  • West, MI
Posted

Chase bank came back today with a counter on a duplex that I have had under contract for ~60 days.

The orginal listing price was 69k, our offer was 60k and then deducted 300 during inspections so we are at $57,700.

Chase's counter is 67k. I budgeted 21k for improvments that must be done to get it turned around. It's worth 95k, any day of the week once the repairs are done.

My question is does anyone have a deal like this with Chase and were you able to get them to accept a counter?

Thanks.

Loading replies...