Chase short sale package 2025

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  1. Click ‘Get Form’ to open the chase short sale package in the editor.
  2. Begin by entering your personal information in the designated fields, including your name, address, and contact details. Ensure accuracy as this information is crucial for processing your request.
  3. Next, navigate to the financial information section. Here, you will need to provide details about your income, expenses, and any outstanding debts. Use our platform's tools to easily input numbers and calculations.
  4. In the property information section, fill out specifics about the property involved in the short sale. This includes the address, current market value, and mortgage details.
  5. Finally, review all sections for completeness and accuracy. Utilize our platform’s features to sign electronically where required before submitting your completed package.

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In a short sale, the homeowner will submit a financial package seeking a lenders approval to sell the property for less than the amount they owe on it. Therefore, the homeowner enters into this process voluntarily, which isnt the case with a foreclosure.
Chase Secure Banking℠ is a second-chance account with a rare opportunity to earn a welcome bonus. Standout benefits: New Chase Secure Banking account members can currently earn a $100 bonus after completing 10 qualifying transactions within the first 60 days after opening the account. (Offer expires 10/15/2025).
Approval of Short Sale: The homeowner must get approval from Chase Bank for the short sale. This involves providing necessary documents like a hardship letter, financial statements, and comparative market analysis. Listing and Selling: Once approved, the property is listed and sold.
The standard earnest money deposit is at least 1% to 3% of the offer price, but you might present more if your market is highly competitive. Daria Uhlig has over 16 years of experience in mortgage and real estate. Her work has been featured by GoBankingRates, MSN Money, and Yahoo Finance.