Short sales continue to increase as homeowners cannot meet their monthly mortgage obligations due to job loss or a cut in pay. Many Americans have hit their limit and do no know what to do during this economic crisis. People have committed suicide because of no HOPE. Statistics say that 70% of the people that go into foreclosure do not contact their bank or any other professional to find out their options. That means people put their head into the ground thinking that everything will be OK and nothing will happen to them. WRONG!
I have created a team to assist homeowners who really need assistance during these trial times. I have assembled a Short Sale Team that include Realtor, Licensed Realtor to negotiate the short sale, CPA, Real Estate Lawyer, Credit restoration company, and homes available for lease options. We ready for people who make the call.
This is the financial information that we will need from the seller to initiate the short sale process:
- Letter of authorization to handle short sale
- Hardship Letter
- 2 months Bank Statements
- 2 years Taxes 2007 and 2008
- 2 months pay stubs
- 2 years W-2's
- Mortgage statement for 1st and 2nd
- Income letter if self employed
Short sales do take time to process because we have to convince the bank to sell the home when the homeowner owes more on the house than what it is worth. It is vital that you pick someone who has experience in this arena. Do not be afraid to ask questions about their experience or process? You still have a choice in who represent you during a short sale.
Americans helping Americans is my motto. We all need to work together to get through these hard times. Everybody deserves a second chance in life. WE are here SERVE.
MAKE THE CALL TODAY 480-303-1800
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