Roland's Blog: Short Sales - Requirements

Short Sales - Requirements

Short Sales - Requirements

The Home Owner Qualifies for a Short Sale with a Short Sale Package.

Here are the required items for a Short Sale

  1. 2 years Tax Returns ( Signed )
  2. 2 Most recent pay check stubs with YTD
  3. Financial Statement
  4. 2 Months Bank statements with bank logo
  5. Hardship Letter

 

* A hardship letter is a pitty letter to the lender. This is not a noval.... the letter needs to tell their story to the lender. It needs to be more than " I lost my job " It needs to tell how it has affected the family.

* No Tax returns: Blank paper write Tax returns as the top and explain why they don't have a tax return

* No pay stubs: Blank paper write Pay Stubs on to and explain why they dont have any.. like.. They lost their job. If they have Unemployment or Social Security, get a copy of this to turn in.

* No income, Social Security ect. Find out who is making their payment the payment for groceries, utilities ect.

* No banks statements because the took all money out and closed the account because they were trying to stay afloat.

This is a list of items needed to do a short sale  * Other items could be added to the list from your lender

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Think Clarksville * Think Fort Campbell * Think Real Estate * Think Roland

Roland Woodworth "Innovative Marketing Using Cuttin Edge Technology"

Licensed in both Tennessee & Kentucky. Please don't keep me a secret, if you know anyone looking to BUY or SELL, Please send me their contact informtion and give them my name and number.

View my website at Clarksville Home Information or Fort Campbell Housing

 Roland Woodworth is a member of NAR's Short Sales & Foreclosure Resource

 

Roland Woodworth, REALTOR ® Exit Realty Clarksville

Call: 931-320-9411

E-Fax: 866-596-2172

  

Clarksville TN Homes For Sale, Clarksville TN - Roland Woodworth, REALTOR

I specialize in helping families relocate to and from the Clarksville, TN and Oak Grove, KY - Fort Campbell, KY and the surrounding areas. I have the tools to market your Home For Sale including New Construction, Short Sales, Foreclosures, Distressed Properties. I'm a US Army Verteran still serving the Clarksville, TN amd Ft Campbell, KY area. Looking to sell your home,give me a call at 931-320-9411

TN Lic # 273649  -  KY Lic # 57120

Keller Williams Realty

2271 Wilma Rudolph Blvd. Clarksville, TN 37040

Each Keller Williams Office is Independently Owned & Operated

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Comments

Thank! It is a great post simple and cleared.

Grace Keng, Northern Calfiornia realtor, www.gracekeng.com

Posted by Grace Keng,CRS, CDPE (408) 799-8887 (Keller Williams Realty Cupertino) almost 3 years ago

Grace... Thanks... I was ment to be simple so anyone could understand it :)

Posted by Roland Woodworth,SFR - Clarksville Short Sale and Foreclosure Resource (Keller Williams Realty) almost 3 years ago
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