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What Information Your Short Sale Approval Letter Must Contain
If you you are purchasing a short sale, there are certain items that the seller’s short sale letter(s) must contain. 
 
Short Sale Approval Letter Requirements
 
·         Name/address of seller’s mortgage company
·         Name, contact phone#, and job title for the seller’s lender representative
·         Property address
·         Sales price
·         Seller contribution amount toward closing costs/pre-paids
·         Borrower’s name(s)
·         Expiration date of approval letter
 
 
If your short sale approval letter does not contain all of the above information, you may have a challenge with your mortgage approval. 
 
 
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