User:JonalynnCrosswell3092

Get paid to $35,000 to Short Sale my Home. This seems to be the hottest new Short Sale topic with Homeowners.

There are advertisements all over page 1 of Google, news articles on CNN and The New York Times. In our experience there's some truth in this statement and a lot confusion that comes with this statement.

Has it happened? Yes. Does it happen very often? No. All the hubub was started when Chase Bank's "List Assist" program was launched, in which Chase bank is offers up to $35,000 to short sale your home. To qualify for the Chase Bank Short Sale Seller Incentive your loan must be what is known as a "portfolio loan", it must have been originated with Washington Mutual, been purchased by Chase Bank through the acquisitions of Washington Mutual and it must still be a Chase owned loan. There are many loans that were bought by Chase Bank originally, but were then acquired and sold off to investment Firms. If this is the case you will not qualify for the Chase program.

What about the other Banks? Well most other banks have been removing or denying requests for move-out or seller assistance. Wachovia, Bank of America, Wells Fargo, do have special programs if your home loan is in a portfolio that needs to be expedited off their books. But, once again this is a very low percentage.

What about HAFA's $3000 move-out Assistance? The HAFA program is administrated by many banks through separate departments from the standard short sale departments. The HAFA department is typically severely understaffed and cannot handle amount of business coming in. Thus, phones go unanswered, paperwork goes unnoticed, and homes go into foreclosure before the HAFA staff even returns a call.

Luckily now, banks and lenders are starting to realize that they can save a lot more money if a home doesn't have to go through the full foreclosure process. They in fact may still come out with new programs (that work better) that offer savings directly to the homeowner through various Get Paid To Sell My Home programs.

If you are unsure whether or not a short sale of your home is right for you then now could be the best time ever to find out. There is no guarantee that the Get Paid to Short Sale My Home programs will be around for long. They may get changed or new programs may even come out. These programs are totally experimental right now. But the good news is there are homeowners that have benefited greatly from these programs.

Certain restrictions and qualifications do apply. Right now, most homeowners will not qualify for a payout from their lender. The best thing you can do is contact an experienced Short Sale Specialist to see if you qualify.

SEE articles in and The 任意売却