Today’s episode of shortsalepowerhour.com is a superb example of the highest level of escalation. Kevin and Fred both have an escalation letter to share with viewers.
Fred is currently working on an escalation message that he just sent to the inhabitants at Chase Bank. Fred has been working on a short sale ever since late October and has still not received any solutions or development from the workforce of Chase Bank. There have been numerous requests for clarifications and updates to the paperwork. All that Fred wishes for is Chase bank to adjust the process to get some different results. This is in the best interest of the home owner, the investors, the lender, the purchaser, and Group 4610.
Kevin has his own scenario dealing with Bank of America on a home that been appraised for between $45,000 and $50,000. Nevertheless, the lender continues to counteroffer in the $60,000 range. Despite ordering other reports and providing a number of previous documents to back the appraisal, Bank of America has not acted in good faith. A trustee auction will not get more than the existing bid of $50,000.
Kevin and Fred like to work along with the lenders, not opposed to them. They are working to the greater benefit of all parties. The right choice is to mitigate the loss with a short sale instead of a trustee auction.
http://group4610shortsale.com” title=”Arizona Short Sale Specialists Answer Questions”>Short sale FAQs and more.
Get powered up by Kevin and Fred at http://shortsalepowerhour.com/chase-and-bank-of-america-escalations-fd-up-friday-short-sale-power-hour-030510/ title=”Chase AND Bank of America Escalation”>Short Sale Power Hour by the Short Sale Specialists of Arizona