Chase Bank Short Sale Process
Considering a short sale and have a mortgage with Chase Bank? Chase Bank is one of the oldest banks around and has had decades to work on perfecting their short sale processing. Chase holds all kinds of loans including FHA and VA, as well as Fannie Mae and Freddie Mac backed loans, and they also hold their own portfolio loans, all which all have specific guidelines as to how their short sales are processed.
Will you qualify for a short sale? Find out now!
What to expect from your short sale with Chase Bank:
Short Sale Timelines with Chase Bank
While I generally tell my sellers they can expect 4-5 months from he day they list their short sale home to the day they close on it, this usually includes about a 1-3 month period for the short sale approval process. Currently, Chase Bank is averaging roughly 2 months to process a short sale from submission to close.
Short Sale Documentation Requirements
Unless you qualify for a streamline short sale, you will need to gather all required documents to be able to submit your short sale. Your Short Sale Realtor will generally do this for you.
FREE SHORT SALE SURVIVAL GUIDE!
A STEP BY STEP MANUAL FOR GETTING THROUGH THE SHORT SALE PROCESS!
Chase Bank Short Sale Review
Overall, a pretty run of the mill experience. As short sale volume increases, many lenders may have some delays as they increase their loss mitigation departments.
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Reid Real Estate Group has been specializing in helping sellers short sell in CT and FL since 2008! We've helped hundreds of homeowners move on from their over-mortgaged homes and on with their lives debt free, and we can help you!
I cannot honestly find the right words to express the amazing job that Minna, Jaime, and the entire group did for me. Making the decision to go through a short sale process is daunting, to say the least, but Minna and her team somehow found a way to take all of the stress out of it. From taking time during our initial conversation to explain all of the possibilities to seamlessly navigating through all the hoops with the lender, every step of the process was masterfully covered. From our initial conversation to closing was about a five month process in total, something I consider a minor miracle considering I didn't think I would ever be able to find a buyer for the property! Overall, I could not be happier with my experience. To anyone looking for real estate expertise, whether it be standard or short sale, I would say that there is Reid Real Estate Group and then there is everybody else!
B.M.
Last Updated on July 1, 2026 by Minna Reid
