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Short Sale Authorization

By
Real Estate Broker/Owner with RE/MAX Go Beyond

On short sales, the seller signs an authorization form to allow the Realtor or negotiator to communicate with the Bank(s) and lien holders. Whenever you prepare the authorization form, please try to think of everyone who may be dealing with these companies and include them on the form. It is a good idea to include relatives, the Title Agency, Attorney and POA of anyone who is assisting the seller. If nothing else, you should always try to include the Title Agency because we create the HUDs and when a HUD is rejected, we should be able to communicate with the short sale lender to figure out exactly what changes are requested.

 

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Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Having a list of people you know will be included as part of your listing package prevents the...ooops that can happen amid all the other paperwork.

Apr 06, 2010 10:35 PM