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Documents Required to Process a Short Sale

By
Real Estate Agent with Max Broock Realtors

 

 

  • Authorization to speak on behalf 
  • Hardship Letter
  • Tax Returns
  • Recent Bank Statements
  • Borrowers Financial Statement
  • Pre-Hud Statement
  • PA/ LA Agreements




Although it can be a painstaking process It is always wiser to choose the short sale route

 

 

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Dave Humphrey, Broker
RE/MAX Marketplace - Celebration, FL
Real Estate Advice You Can TRUST!

I am getting some good formal short sale training later this month. Maybe then I can be more excited about taking short sale listings.

Oct 03, 2009 10:14 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Then there's pay slips, comps, and sometimes other requests, like arms length transaction, relationship disclosures, etc.

Oct 03, 2009 10:46 PM
Chris Hill
Century 21 New Millennium - California, MD
Your Southern Maryland Real Estate Professional

Thanks for the information. IT is funny how just having simple information on hand can make the process all the more palatable.

Oct 04, 2009 12:10 AM