Thursday, January 3, 2013

Chase Short Sale FAQs

Frequently Asked Questions

Selling your home for less than you owe

How do I start the process?

First, submit your request now to find out if you are eligible to sell your home for less than you owe and avoid foreclosure.
Next, start your search for a real estate agent as soon as possible. Look for an agent who has experience working with mortgage companies on home sales. If you have trouble finding a real estate agent, you can call us for help finding an agent to list and sell your home quickly.
Once you have found a real estate agent, send us your listing agreement and we will help you list your home at a price that's comparable to similar homes for sale in your neighborhood – even if the price is less than what you owe on your mortgage.

Are there any other benefits to this program?

You may be eligible for the government's Home Affordable Foreclosure Alternatives (HAFA) program, or other programs that provide additional options and financial incentives to avoid foreclosure.
If you qualify to sell your home for less than you owe through the HAFA program, you may receive financial assistance to help with relocation

For More Short Sale FAQ's answered by Chase bank click here: https://www.chase.com/chf/mortgage/hrm_shortsale

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