Work smart, not hard by focusing on short sales you can actually close. Only ForeclosureRadar lets you search for potential short sale listings with only one open loan and an easy to deal with lender.
EMC Mortgage Corp (The servicing arm of JP Morgan Chase)
Short Sale Report
| Time to Acknowledge |
Time to Approve |
Commissions | Full Release Available |
Comments |
| tbd | tbd | tbd | Negotiable |
They are easy to work with and they will give a full satisfaction release. We have heard that they are closing short sales in 7-8 months.
Contact Info:
800-723-3004
Direct link to all short sale info and docs needed (Registered service mark of JP Morgan Chase)
https://emcmortgagecorp.com/emcccn/faq/keepmyhome.jsp
If you have had an experience with them please add your comments or you can email us at info@foreclosureradar.com.
Comments
I closed an EMC short sale about a year ago - in late spring 2009. They turned down the first offer (w/VA financing), about 60 days into the listing period, and that deal was lost. Then at about 150 days on market, they accepted the second offer I submitted (a cash offer), and closing was relatively easy. They cut commission to 5%, there were no repairs or concessions. As I recall, it took about 2-3 weeks to get the 2nd offer set up into their system; I was assigned a single negotiator. I believe they are a division of Chase.
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