1. Seller is qualified to see if a short sale is an
option
2. Contact a Short Sale Trained Realtor to list your
home
3. Our pricing option has the seller giving the
Realtor the right to change the pricing as they see
fit as pricing is a key to getting a short sale
approval
4. Realtor uses their marketing program to get
maximum exposure and gets the best chance for
offers.
5. The seller should have all the paperwork required
by the lender ready at all times for the Realtor to
avoid time delays in the short sale process
6. Paperwork needed are:
A. Authorization letter to allow Realtor to discuss your
loan.
B. Hardship Letter
C. Last 2 years tax returns
D. Last 2 months bank statements
E. Last 2 pay stubs
7. Once an offer is received and accepted by the sellers, it's submitted to the lender(s), along with the
all the items in number 6
8. Once you get an approval, you then move forward
to closing as in a normal sale.
9. Hire a Short
Sale Trained Realtor and you will find that you will
reduce your stress level and increase your chances
of the short sale being approved.
All the information on this short sales module is published in good faith and for general information purposes only. There are no warranties publishers and providers of this content about the completeness, reliability and accuracy of this information. We suggest that you contact an attorney with any legal questions and your CPA for any financial questions concerning how a short sale might affect you. Any action you take upon using the information on this module is strictly at your own risk and the publishers and providers will not be liable for any losses and damages in connection with the use of our website. The information contained on these pages are for general information based on current research and person experiences.
