Comments for SDREAI http://sdreai.com San Diego Real Estate Tue, 23 Nov 2010 03:58:16 +0000 hourly 1 Comment on IS THE NEW GOVERMENT SHORT SALE PLAN (HAFA) WORKING? by James http://sdreai.com/2010/07/is-the-new-goverment-short-sale-plan-hafa-working.html/comment-page-1#comment-46 James Tue, 23 Nov 2010 03:58:16 +0000 http://sdreai.com/?p=253#comment-46 The program would work if the servicing companies would use it. They are so bogged down with all the foreclosures if they stop and blink and use a tool that will work, they might just make some money and help this housing market. HAFA is a wonderful program if they would just use it... The program would work if the servicing companies would use it. They are so bogged down with all the foreclosures if they stop and blink and use a tool that will work, they might just make some money and help this housing market. HAFA is a wonderful program if they would just use it…

]]> Comment on Chase Bank Short Sales – Why I will NEVER use Chase Bank EVER! by Myles Weisman-RE/MAX http://sdreai.com/2010/06/chase-bank-short-sales-why-i-will-never-use-chase-bank-ever.html/comment-page-1#comment-30 Myles Weisman-RE/MAX Fri, 06 Aug 2010 22:30:34 +0000 http://sdreai.com/?p=97#comment-30 I agree with you! Chase is by far the most difficult bank to deal with for short sales! Just getting Chase to acknowledge a third party authorization is a monumental task, as it often takes 10-20 fax attempts before they say they have received. Their short sale staff is often rude and uninformed. Don't expect a quick turn around time, as 4-6 months is the average. And if you are negotiating a recourse 2nd lien, Chase is brutal. Chase now advertises they will give $100 if you open a new checking account. I don't care what they are offering....I will personally never do business with Chase. I agree with you! Chase is by far the most difficult bank to deal with for short sales! Just getting Chase to acknowledge a third party authorization is a monumental task, as it often takes 10-20 fax attempts before they say they have received. Their short sale staff is often rude and uninformed. Don’t expect a quick turn around time, as 4-6 months is the average. And if you are negotiating a recourse 2nd lien, Chase is brutal.

Chase now advertises they will give $100 if you open a new checking account. I don’t care what they are offering….I will personally never do business with Chase.

]]> Comment on IS THE NEW GOVERMENT SHORT SALE PLAN (HAFA) WORKING? by Susan http://sdreai.com/2010/07/is-the-new-goverment-short-sale-plan-hafa-working.html/comment-page-1#comment-28 Susan Wed, 28 Jul 2010 18:57:49 +0000 http://sdreai.com/?p=253#comment-28 I guess that loan max (unpaid principal) doesn't cover many of the homes seen in Southern California. I expect a lot of borrowers got into a loan with Interest Only and have a lot of unpaid balances on their mortgage(s). I guess that loan max (unpaid principal) doesn’t cover many of the homes seen in Southern California. I expect a lot of borrowers got into a loan with Interest Only and have a lot of unpaid balances on their mortgage(s).

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