Sunday, February 12, 2012

A Short Sale Needs A Short Sales Specialist - Helpful Tips

Get The Lender's Short Sale Forms Package Right Away

Lenders  and banks LOVE paperwork and procedure
Lenders and banks LOVE paperwork and procedure.  They'll have their pet forms, some of which may not even seem relevant or important, but they're the forms you and your seller will have to submit.  There will be a lot of information to be gathered and entered on these forms.  Every lender, account and the specifics of all debts are only the beginning.  Very important is an authorization form allowing you to communicate with the lender on your client's behalf.  Then there's the hardship letter explaining all the details about why the seller cannot continue to pay their mortgage.

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