Short Sales - Submitting The Offer
Here is a list of what you are going to need when submitting the Short Sale Offer
- Signed Offer - Buyer(s) & Seller(s)
- Estimated HUD-1
- Buyers Qualification Letter
- Short Sale Package
- 2 Years signed tax returns
- 2 Months bank statements
- 2 Most recent pay check stubs
- Financial Statement
- Hardship Letter
- Signed Authorization Form
For a Short Sale Approval
- You need to demonstrate to the servicer that it makes sense to approve the sale
- You provide the documents needed to justify their decision
- Have pictures and comps
- Make the lender aware of your marketing( your efforts and pricing history )
Why so long for a answer ?
- Lender needs to verify the value of the property
- Order the appraisal
- order BPO -this could take a couple weeks pending on where this file is in the stack
- Lender needs to get approval - Based on how big the discount would be
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Think Clarksville * Think Fort Campbell * Think Real Estate * Think Roland
Licensed in both Tennessee & Kentucky. Please don't keep me a secret, if you know anyone looking to BUY or SELL, Please send me their contact informtion and give them my name and number.
View my website at Clarksville Home Information or Fort Campbell Housing
Roland Woodworth is a member of NAR's Short Sales & Foreclosure Resource
Roland Woodworth, REALTOR ® Exit Realty Clarksville
Call: 931-320-9411
E-Fax: 866-596-2172
Clarksville TN Homes For Sale, Clarksville TN - Roland Woodworth, REALTOR
I specialize in helping families relocate to and from the Clarksville, TN and Oak Grove, KY - Fort Campbell, KY and the surrounding areas. I have the tools to market your Home For Sale including New Construction, Short Sales, Foreclosures, Distressed Properties. I'm a US Army Verteran still serving the Clarksville, TN amd Ft Campbell, KY area. Looking to sell your home,give me a call at 931-320-9411
TN Lic # 273649 - KY Lic # 57120
Exit Realty Clarksville 931-647-9900
1289 Northfield Dr. Ste 3. Clarksville, TN 37040
Each Exit Realty Office is Independently Owned & Operated
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