Chase Short Sale in Lodi CA Day 13
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Friday – Day 9 – I called Chase for a less than 2 min call with a Steve. Since I was not an authorized caller, he told me he could not talk to me. Short but not helpful!
Monday - Day 12 – I received a call from Chase’s Justin ask me if we were doing a short sale on the property. Duh! He wanted to know if we had a buyer already. Duh. Then he proceeded to tell me all the paperwork that I would need to send in – the paperwork that I had sent in almost 2 weeks ago. He gave me the special short sale fax line – 866-220-4130. The one that I had already sent all the forms into 13 days ago.
Justin said that when I got all the forms into him he could order the BPO. This is different from what Elizabeth in New York had told me on Day 2. Elizabeth had said that they would order the BPO and it would take 7-10 days. We are on day 13 and Justin says they have not ordered it yet.
Prices in Lodi are still falling. The longer it takes to complete this short sale, the lower the value of the home. Banks like Chase (WaMu) started this real estate mess and they seem to be doing all they can to continue it.
Hopefully we will have some good news – and some quicker response soon. Don’t hold your breath.
