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What Information Your Short Sale Approval Letter Must Contain
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
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. 
 
 
It is always advisable to consult with a knowledgeable lending professional when navigating today's turbulent mortgage and real estate marketplace.  I am committed, qualified and equipped to help you evaluate your options!
 
Also check out:
Conventional Financing Mortgage Program Overview/Updates
FHA Financing Mortgage Program Overview/Updates
Georgia Dream Down Payment Assistance Program Overview/Updates
HomePath Financing Mortgage Program Overview/Updates
USDA Financing Mortgage Program Updates  
Programs Include:
Conventional (Fannie Mae & Freddie Mac) HomePath - #1 Volume Retail Lender ... more

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