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Cape Coral * Fort Myers * Florida * Pre- Foreclosure *Short Sale Information
 
 
 Joe Kendall Realtor with Sandals Realty writes, I get lots of phone calls from people thinking about doing a short sale and asking questions? Like, What is a short sale? Will the bank really work with me?  Well without getting to in depth I just want to briefly go over what is in a bank package of requirements. I can not speak for every bank and they all are a little bit different , but I would like to give you the most common documents that are request from the home owner by the banks.
Hardship letter,  Explanation of the owner hardship requesting for assistance, Supporting Documentation, any letter, or form to support a hardship Financial Statement, Form is sent to you from the bank to be signed and dated. Federal Income tax returns, Copy of the last two years with W-2"s Bank Statements Your last three months bank statements, Paycheck stubs,  copy of your last three  Disability* Unemployment * Retirement copy of any benefits applied for or receiving, Junior leinholders, Release and or balance of any liens on property, Listings agreement , copy of signed listing agreement, Purchase Contract Copy of Accepted Offer, Net Sheet ,detailed Hud 1 statement of all lined expenses to closing, Marketing efforts, The ... more

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