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The Tale of the Shortest Short Sale and $35,000

By Susan Goulding on | From activerain.com

Recently I told you about the longest short sale (A Tale of Tenancity, I Refused to take NO for an Answer) I've had in a long time. It's only fair that I give the Shortest Short Sale it's due time.

November 25^th the JP Morgan Chase listing was signed.

November 28^th the contract was received by Jp Morgan Chase

December 2^nd 4 offers had been received

Short Sale Sprite- Susan Sells Short Sales

December 4^th Offers Countered, Offer Accepted, We are in Contract

December 17^st We get OUR APPROVAL from Jp Morgan Chase – 13 days

January 21^st close with a 7 day extension to allow for Holiday Vacation Days

We closed this short sale from start to finish in under 60 days.

To top it off the seller received a forgiveness of $1.4 million, with no deficiency. Chase also gave the Sellers $35,000 to short sale their home which I explain here

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About the Author...This article was provided bySusan Goulding, a Nationally recognized Realtor and Certified Short Sale & REO Specialist. Search Northern California real estate and homes for sale: www.SusanGoulding.com. Short Sale information at Short Sale My Tracy Home or Short Sale My Mountain House. Homeowners anywhere in Northern California contact me for more information or visit www.ShortSaleMyTracyHome.com

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Disclaimer: The information provided on this website should not be constituted as legal advice. The content is intended to provide general information about the short sale and foreclosure processes, and should not be acted upon without the counsel of a qualified REALTOR®, attorney, and tax expert.

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