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Closed a Murrieta Short sale CitiMortgage/Chase HAFA Short Sale homeowner received $10,000 in relocation assistance

I recently listed a home in located in The Murrieta Heights a gated community of Murrieta. My first challenge was to clear the 2nd lien with Chase which was in their Recovery Department.  This department goes by their own guidelines/rules and asks for a ridiculous amounts of money to release the lien. In my dealings with Chase Recovery and reaching the right person took persistence and many calls. I finally had to escalate the matter and was able to clear the 2nd lien with no pay out.

Meanwhile, I filed the short sale with the 1st lien CitiMortgage but had not heard back after 10 days. I reached out to customer service and was told that my processor dropped the ball and they would assign a new person. My assigned processor was called a “Homeowner Support Specialist”. He started the paper pushing process and I was then contacted by a negotiator who countered our buyer’s offer at $490K using an interior broker price opinion that had been completed previously. I challenged the banks price with my own comparable market analyses and negotiated to $470K.

While this was going on, our buyer unfortunately walked away. I marketed the home with the new price and received an offer one week later for the new price of $470K. The bank was taking longer than usual to accept new offer but it was all because they changed negotiators on me due to the short sale moving from a traditional to a HAFA (Home Affordable Foreclosure Alternatives). Consistent follow-up is key to any short sale.  The new negotiator completed their tasks quickly and we closed the short sale August 2015.

I don’t give up even when the bank negotiators are dragging their feet not doing their jobs. I can help you close your short sale even if you have two or more loans we can get it closed.

Please call me for a No obligation evaluation of your specific situation.I have helped many homeowners that have accepted modifications, filed bankruptcy or are a few days away from having their home placed on the auction block. We can help stop the foreclosure on your home and you can stay in the home while we complete the short sale on your own terms. 


Odalys Simon, Realtor
Gold Star Real Estate
Direct  951.440.6029
Office  800.961.3147

BRE. #01872442
*Certified HAFA Specialist
*Short Sales & Foreclosure Resource Certified
*NAHREP member

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