Posted on: 28th Jul, 2009 04:28 pm
I'm waiting for Chase to approve my short sale, I have the 1st and 2nd loan through Chase. The second loan already got back to my lawer indicating that they are not willing to accept the $3000 from the 1st mortgage that they want $14000 from me, or they will come after me later. I don't have this money and I'm afraid that because of this Chase will reject the short sale. I feel that they have more to loose if they reject the short sale and foreclouse. My lawer is trying to get in touch with someone from the 1st loan. I'm worry that the first loan can stop the short sale. Is it possible that 1st loan can convice the 2nd loan to accept the short sale? both loans are from Chas
mdlr2
Little confused with your post
You said both 1st and 2nd are with Chase.
This is normally the best situation, where the lender can probably agree becuase they have both the loans
Good luck and feel free to ask
Little confused with your post
You said both 1st and 2nd are with Chase.
This is normally the best situation, where the lender can probably agree becuase they have both the loans
Good luck and feel free to ask