Total Pageviews

CLICK ON IMAGE TO LEARN MORE.

THE CAT WHO ATE CHASE BANK BOOK is coming, the blog is already here.

THE CAT WHO ATE CHASE BANK BOOK is coming, the blog is already here.
CLICK ON MY PICTURE TO GO TO THE CAT WHO ATE CHASE BANK.
http://www.wikio.com

CHASE BANK'S BITCH

DOUBLE CLICK ON ARROW TO SEE FULL SIZE AND TO GO TO THE ACTUAL VIDEO CREATORS YOUTUBE SITE.

Twitter Updates

    follow me on Twitter

    PLEASE VOTE IN THIS LA TIMES CHASE BANK POLL

    PLEASE VOTE IN THIS LA TIMES CHASE BANK POLL
    CLICK on IMAGE to SEE ARTICLE.

    SUPPORTERS! NO DONATION REQUIRED!

    About Me

    My Photo
    Southern California, California, United States
    If you have a question about this blog or the 12 other anti financial terrorism blogs I have created, please email me at info at alexlogic.com. If you are having trouble leaving a comment, please let me know at the email address listed above.
    BLOGGERS AGAINST
    CHASE BANK RANKED
    OUT OF 28,000 BLOGS.

    CHASE BANK PROTEST MARCH TO THE SANTA MONICA SEA, THEN SEE JOAN IN CONCERT, FREE! THURSDAY, JULY 9

    CHASE BANK PROTEST MARCH TO THE SANTA MONICA SEA, THEN SEE JOAN IN CONCERT, FREE!  THURSDAY, JULY 9
    DO YOU HAVE A DAILY-PROTEST.com or BLOGGERS AGAINST CHASE BANK.com SIGN? THEN MARCH to the FREE JOAN BAEZ CONCERT at the SANTA MONICA PIER!
    JOAN BAEZ DOES NOT KNOW WHO WE ARE AND THEREFORE IS NOT ENDORSING THE CHASE BANK PROTEST MARCH, BUT, WHAT FAMOUS CELEBRITY IS?

    NO NEED TO TRY AND ASSEMBLE FOR THE MARCH, JUST MARCH FROM WHERE EVER YOU ARE COMING FROM WITH YOUR DAILY-PROTEST.com SIGN!
    (PLEASE DO NOT MARCH IF IT IS A STRAIN OR HAZARDOUS TO YOUR HEALTH), YOU DO NOT HAVE TO HAVE A SIGN TO SEE THE CONCERT FOR FREE.


    FREE JOAN BAEZ CONCERT, JULY 9TH, 2009, STARTS 8PM (COME EARLIER FOR BETTER LOCATION, B.Y.O.C.) CLICK ON IMAGE FOR MAP.

    Wednesday, November 16, 2011

    Chase Puts Their Money Where Their Mouth is With Large Short Sale Cash Incentive, but is there a catch?


    May I add that I have been advocating a similar procedure to this one. I have advocated returning the entire down payment to distressed homeowners, plus any accrued equity if they were lucky enough to have accrued any in this economy.

    The 35,000 dollars being offered by Chase in short sale scenarios is probably a good thing provided the down payment made by the homeowners when they first bought the home is not for much more than that. However one wonders if there is something lurking behind this offer that is not as rosy since this is after all, Chase Bank doing the offering.


    The odds of there being a "catch" when the name Chase Bank is involved are probably high. If someone made a down payment of 100,000 dollars on a home, and now may be leaving it via a short sale, the 35,000 dollar offer may be better than nothing, but is the homeowner leaving behind their own hard earned money, for what?


    My concern is that this 35,000 dollar offer is a one size fits all and that may not be fair in certain situations.

    2 comments:

    Anonymous said...

    Chase as well as many other banks is completely overwhelmed with dealing with a government program that was not organized or thought through...(imagine that)....the only loans that qualify for the harp refinancing program have to be back by Fannie or freddie (why would that be?)...throw it at the wall and see if it sticks...thanks obama

    Anonymous said...

    Many people in fl lost their house because chase keep denied them home motification, chase keep offer home owner couple thousand dollars for deed and loop to walk away from their home

     

    Grab the widget  Tech Dreams