Chase Bank Announces New Short Sale Partnership With Realtors In Los Angeles Called Priority Partners. Major banking institutions in the nation are starting to shift gears on how they deal with non- performing mortgages. Before now, banks would focus on liquidating non- performing assets by going through the foreclosure process via trustee sale. The banks would then take these assets and hire outside assets management firms that would in- turn hire Realtors to dispose of them. Banking institutions are not in the business of holding real estate inventory rather they make their money on the yield they receive from the payments. These outsourcing asset management firms include LPS, New Vista, 2. REO World, Green Rover Capital, Atlas REO, PMH Financial, and Precision AM. LPS was recently hired by Chase to handle all of the higher end properties while the other asset management firms are dealt the lower end properties. These lender- owned properties or REO. In efforts for banks to straighten our their balance sheets and liquidate assets in the most cost effect way possible. They are looking towards lower cost effective short sales methods as a solution to get rid of these toxic assets. We believe they are also holding off on many foreclosures, in an attempt to putting those homeowners through a lower cost short sale process. Short sales have always been an option for banks but depending on the situation homeowners would rather live in their home . Chase Bank has announced that they are starting a pilot or test program in the Los Angeles real estate market starting June 1, 2. This program is called the priority partners program. Priority partners program is designed to help facilitate and streamline the short sale process by recommending local real estate agents to assist in the short sale process after all options for modification and other methods to reactive the loan are exhausted. During this new short sale program Chase Bank homeowners that want to participate in a short sale may qualify for relocation assistance usually $3,0. HAFA which credits the homeowner up to $3. Please make sure that you visit HAFA's website for more information. In the recent Priority Partners seminar in late May, Chase disclosed that they currently hold hundreds of thousands of short sales in Los Angeles County area alone. This is a chance and opportunity for Realtors to get in on the ground floor of this possible business in short sales. Realtors must have the both of the following requirements inorder to apply: Any of of these short sale certificates: Charfen Instititue's CDPENAR's SFR Certification. Equztor's Short Sell Certification Program Five Star Institue's Short Sale Certification. Priority Pass is the world’s largest independent airport lounge access program. We are an independent airport lounge program, which means that you have access to our partner lounges regardless of the airline or class of travel you are flying. Relax in an exclusive airport environment. Over the past three years, Chase has helped prevent almost half a million foreclosures by aiding homeowners with home loan modifications. In other cases, if the homeowners believe they will continue to have trouble paying. AND. You must fill out the survey completely and carefully pick 1. Once you sign up and get accepted into the program, Chase Bank will be sending referrals out to three agents for one client looking to short sale their home. It is up to the agent to contact the homeowner and sell their services just like a normal listing presentation. Since we are currently in the REO program with Chase Bank and we receive a special invitation to join this priority partners program. We currently have REO assets with LPS and New Vista for Chase Bank and looking forward to Chase's new short sale program. Our assets from LPS are in the Manhattan Beach real estate market. We have chosen zip codes across the Los Angeles beach cities and waiting for Chase to contact our team with possible short sale opportunities. Chase Leadership Development Program Summer Associate At Chase. Design and execute marketing initiatives with our Chase and partner co-brands around account.A Fox Chase Cancer Center Partner. Herman held the position of palliative care nurse practitioner and program coordinator at. Chase bank pagos retrasados, evitar el foreclosure $20,000 de ayuda gratis What an honor that I’ve been invited and selected to be a Chase Priority Partner. Chase bank and the banks they service are piloting a program in.
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