- Chase, one of the nation’s largest lenders, is quietly offering some homeowners a deal they think is too good to be true.The lender is giving borrowers behind on their mortgage payments $10,000 to $20,000 if they’ll agree to a short sale, which means they sell the home for less than they owe on the mortgage.

Most banks figure theyre doing homeowners a favor simply by agreeing to a short sale and forgiving the amount they owe. But in some cases, Chase borrowers are getting that and cash.

Similar Posts:

• Do a Short Sale to Avoid Foreclosure
• Struggling homeowners say they’re just being shrewd when they file for Chapter 7 to escape a mortgage
• Freddie Focuses on Mortgage Fraud
• Cash Loan for Car Title
• Hold Wells Fargo Accountable!