What goes in a Short Sale Package? First of all every lender has their standard requirements. The Majority of them will ask for the following below but it doesn't mean you can't give them more then what they ask for.
In a typical short sale all you need is:
Third party Authorization
Listing Agreement
Sales Contract
Pre-Approval
Hud-1
2 Year Tax
1 Month Bank Statements
1 Month Pay Stubs
When it comes to an investor package, you should do a little extra work and give them always more then what they ask for. The objective is to get the property for a steal. So put whatever it is neccessary to explain to the lender why they should let you pick it up so cheap.
Write me a testimonial once you get paid! I look forward to seeing you at one of our Free Classes!
www.TheInvestorsAcademy.com
Nick Tang
The Real Estate Coach
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