The Bank want's Proof of Funds for your buyer when submitting a Short Sale Package.
Your buyer is your LLC or a member of your LLC.
Here is a sample of the proof of funds we use when sending in the short sale package to the bank.
(SAMPLE LETTER)
LENDER NAME
April 11, 2008
Loan Applicant:
Property Address:
Loan Amount: $140,000.00
To Whom It May Concern:
BUYER NAME has made a loan application and provided us with complete income, debt and credit information.
Based on this, I have received conditional loan approval.
As you know, this is subject to an acceptable appraisal and third party review.
This letter is not a commitment. Please let me know when you would like to close.
Sincerely,
YOUR LENDER
SIGNATURE
Today I want you to get a proof of funds from someone you know.
A Mortgage Broker, Online or someone referred to you and be sure to visit NODGrapevine.com
and get all the proof of funds letter's you need.
In previous emails I have been talking about CASHING BIG CHECKS!
I have even been nicknamed "The Big Fat Check Guy"...
Now I want to show you those big fat checks I have been so excited about!
See my Proof of Funds - Click Here
Are you ready for Big Funds?
Are you ready to CASH BIG CHECKS?
Join me at my 3 Days Live Short Sale Training Event in
Chicago, IL June 26, 27, 28, 2009 to learn how.
It's going to be Life Changing!
Seats ARE Limited!
Sign Up Here
To Your Success,
Hunter Paschall
407-772-2274
bpomanager@cfl.rr.com
Sand Dollar Realty Group, Inc. - Altamonte Springs, FL
Metro Orlando Full Service - Investor Friendly & F
Thanks for sharing. Pretty cool to see you doing the seminars. Congrats and hope it goes very well!
Jun 17, 2009 08:13 AM
Dallas, TX
REALTOR®, Broker
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