20-30k to move on short sale? anyone?

sandiegosub

LoanSafe Member
May 23, 2010
60
0
6
What I heard was the bank settlement in calif would give foreclosed homeowners 1000 to 2000
and short salers could get as much as 30 k. case by case bases when the money is gone thats it.
My parents are going to try the shortsale since they were denied mod. Wells fargo asc
Any one have knowledge on this and how it goes
A realtor told me she wont know until she submits the shortsale offer what the
bank might offer to move.

If I need answers I know where to go Loansafe


fyi this is how my loan mod went with chase

12 packages

hundreds of phone calls
5 denials
4 appeals
and 22 months of no payments
350k upside down
we finally got our perm mod done and
lowered our payment
from 4600
to

2000 a month
will have a 425k balloon in 26 years
 

Cat Damiano

Mortgage Wars
Sep 10, 2007
10,541
39
48
Colorado
www.loansafe.org

sandiegosub

LoanSafe Member
May 23, 2010
60
0
6
i called chase just to ask and they said they would be sending out mail
to everybody who may qualify within the next month or two
 

Cat Damiano

Mortgage Wars
Sep 10, 2007
10,541
39
48
Colorado
www.loansafe.org
Thank you for the update, please keep us posted on whatever you hear about this with Chase.
 

Evan Bedard

Call 1-800-779-4547
Loan Safe Mortgage
Aug 26, 2007
18,837
48
48
San Diego, California
www.LoanSafe.org
i called chase just to ask and they said they would be sending out mail
to everybody who may qualify within the next month or two
Yes generally when settlements such as this arise they will determine who they feel qualifies and will send out notices to certain borrowers..