lists: Short Sales - a short list - what the lenders want
- 09/10/07 08:29 AM
Here is a short list of items that all lenders will need to process a short sale. A letter of authorization from the homeowner authorizing the parties involved to speak directly with the lender. A hardship letter stating the reason for the inability to make payments, ie loss of job, death of an owner, etc. The last two months of pay stubs for each homeowner on the loan. The last two months of bank statements, all pages, for all accounts. The last two years of tax returns for each homeowner. A comparative market analysis, use actives, pendings and solds. The listing … (5 comments)
Here is a short list of items that all lenders will need to process a short sale.;)
;)
