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Chase JP Morgan

Short Sale Incentive!

You could sell your home, owe nothing more on your mortgage and get $20,000!  Chase Short Sale Incentive Program.
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Chase has made a signifigant impact in the short sale world with thier new short-sale incentive program.   Chase JP Morgan have been sending letters to specific homeowners offering up to $20,000 to short sale their home. Yes, this sounds way too good to be true.  These Chase incentives are targeted to a limited number of loans. In addition, it should be clear that the $20,000 is the maximum figure, and what each individual homeowner will receive may vary. 

Let’s review the letter:

You could sell your home, owe nothing more on your mortgage and get $20,000!
 
 Dear : 
 
We’re contacting you because we have a new program that could be right for you. Don’t lose hope – you have options that may help you avoid foreclosure and make a fresh start.
 
 You may be able to owe nothing more on your mortgage and get $20,000 after you sell your home!
 
We would like to talk with you about the possibility of selling your home for less than the amount you owe. If we agree on a lower sale price and a few other terms and you sell your house for that amount before foreclosure, you will get $20,000.
 
After your home is sold through this program you will not owe any future payments for this mortgage. This program also may allow you to stay in your home while it is for sale. Plus, after you sell your house, you can use the $20,000 to pay expenses, including moving to a new home.
 
Avoiding foreclosure is possible.


At this point, it appears Chase JP Morgan are tarketing specific loans:

■Loan was originated through Washington Mutual and was acquired by Chase through the merger
■Loan is a pay-option arm, also known as negative amortization loan, also known as pick-a-pay

If you have received Chase's Short Sale Incentive letter or have one of these loans, give Blue & Gold Realty a call - we can help.

 [707] 447-5000

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Short Sales At No Cost To You

Avoid Foreclosure & Short Sale Information:

What is a Short-Sale | What is a Deed in Lieu of Foreclosure | What is a Loan Modification?

Mortgage Foregiveness Debt Relief Act | Short Sale vs. Foreclosure Comparison Chart

 

 
 
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