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Your Short Sale Guidepost SALE OVERVIEW WHO DO I CONTACT WITH QUESTIONS OR CONCERNS?WHAT IS A SHORT SALE? Short sales (aka shortfall or foreclosure sales) are intended to help homeowners sell their
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How to fill out your short sale guide:

01
Start by gathering all the necessary financial documents such as bank statements, tax returns, pay stubs, and any other documentation required by your lender.
02
Familiarize yourself with the specific short sale requirements of your lender and ensure that you have all the necessary forms and paperwork.
03
Compile a comprehensive list of all the property details, including the address, the outstanding loan amount, and any liens or encumbrances on the property.
04
Prepare a detailed hardship letter explaining your reasons for pursuing a short sale and highlighting the financial difficulties you are facing.
05
Provide accurate and updated information about your income, expenses, and assets.
06
Complete all the necessary paperwork, including the short sale agreement, listing agreement, and any other disclosures or authorization forms required by your lender.
07
Double-check all the information provided, ensuring the accuracy of every detail.
08
Submit the completed short sale package to your lender and keep track of the submission date and any communication with your lender.
09
Stay in constant communication with your lender throughout the short sale process and be prepared to provide any additional documentation or information they may request.
10
Finally, follow up regularly with your lender to ensure a timely review of your short sale application and keep abreast of any updates or changes.

Who needs your short sale guide:

01
Homeowners who are struggling to make their mortgage payments and are facing financial hardships.
02
Real estate agents or brokers who work with clients interested in pursuing a short sale.
03
Investors or individuals looking to purchase a property through a short sale and need guidance on the process.
04
Mortgage professionals or loan officers who want to familiarize themselves with the intricacies of the short sale procedure and assist their clients effectively.
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Our short sale guide is a step-by-step manual that helps individuals navigate the process of selling a property for less than what is owed on the mortgage.
Anyone who is planning to engage in a short sale of their property should refer to our guide for assistance.
Our short sale guide includes fillable fields and detailed instructions on how to complete each section accurately.
The purpose of our short sale guide is to provide individuals with the necessary information and resources to successfully navigate the short sale process.
Our short sale guide requires individuals to report details about the property, outstanding mortgage balance, financial hardship, and any offers received.
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