Is it Difficult to Work with Chase when Completing a Short Sale with a First and a Second Mortgage?

Hello everyone this is Kelly Cook here with the Kelly Cook Real Estate Group, your Phoenix short sale specialists. You can find us online at www.KellyCookHomes.com. We specialize in helping homeowners across the entire Phoenix area find alternatives to foreclosure through the means of a short sale. Now the topic that we are specifically addressing today is Chase short sales. Obviously everyone knows Chase Bank, they are one of the most prevalent banks in the United States here today and they are a huge mortgage lender as well. Chase however still operates under the old system of paper faxing when it comes to short sales. They are not the most technical advanced when it comes to that but they are really big on security and making sure everything is secured from the standpoint and they feel the best way is through the fax system. So that being said we cooperate with them fully from that standpoint and we actually enjoy working with Chase.

For a big bank, Chase is slow, no means about it but they are fairly communicative and responsive when you do reach out for an inquiry to them. Now if you have a second loan with Chase, still contact us because we have a great contact with the second HELOC division with Chase. Now if you have a first and second both with Chase, it works out very well. We are actually able to tie both of them together and have the two negotiators with the home mortgage section of Chase and the HELOC division of Chase work together to get the short sale completed as one approval letter.

Again, I'm Kelly Cook with the Kelly Cook Real Estate Group, your Phoenix short sale specialists and we are here to help. Give us a call today; we would love to work with you on your Chase short sale. Give us a call at 480-442-9868 or email us at info@KellyCookHomes.com. You can also contact us through our website or our short sale calculator site which is a great tool to use. It tells you exactly if your home is an asset or if it's underwater and if it is underwater how long it will take to break even and how much that will cost you before it does. So give us a call today and we will get back to you immediately. Thanks and have a great day.

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