Short Sale Package

DOING SHORT SALES

Welcome to the Short Sale section of the website. Check back often, as I will update this website frequently.

MASTERING SHORT SALES

I'd like to provide everything for you.
If there's something that is missing from this website, contact me and I'll try to provide it for you. I strive to make this website the one place on the internet where you can find as many Real Estate tools as possible.

A complete package is essential in closing a short sale transaction. The following is a list of the MINIMUM contents of a short sale package:

REALTOR:

Signed letter of authorization from seller authorizing you to negotiate with the lender on their behalf.
Letter of facts about the property. Everything that is wrong with the property and why it is impossible to sell it at a higher price.
Current Market Analysis. Click here for a property profile (Contact me for password). Highlight comparable sales that reflect the lower value.
Photographs. Remember, the photographs aren't to highlight a charming house. Photograph evidence of damage, bad location, etc...
Evidence of all showings and feedback. Explain to lender results and conversations you've had while trying to sell the property.
Copy of listing contract.
Copy of purchase contract if you have one.
Make sure the seller has a detailed, tear jerking letter of hardship.

SELLER:

Two years tax returns and W-2's.
Three months bank statements.
Detailed monthly budget.
All mortgages with account numbers.
Pending bankruptcy, or other action.
Tear jerking hardship letter
Pay stubs for last 30 days.

Did You Know...

Also....

USA National Title...
Click here to find out about how USA National Title can work for your business.

Referral Network.
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