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Understanding the Short Sale Process

UNDERSTANDING THE SHORT SALE PROCESS CREATE A SHORT STEP 1 SALE PACKAGE 10000 2 3 step in the process THE MOST IMPORTANT of a short sale YOU MUST XX-XXX XXX-XXX compile specific forms and documents for a complete package DOCUMENTS INCLUDE: A MORTGAGE TAX BANK payment statement returns for the last statements for the last for any and all 2 years 2 months from your mortgages you have checking account STEP 2 LIST YOUR HOUSE WITH REALTY 1ST INITIAL SENDING ONE appointment to list your documents ahead of only two times your house should of time will make your you'll have to visit only take 60-90 minutes appointment even shorter the Realty 1st office STEP 3 SECURE A BUYER 95% REALTY 1ST WE FIND of homes listed with shows your home only to qualified buyers buyers who are ready Realty 1st get at least 2-3 offers during the to purchase at the same time you are listing period ready to sell STEP 4 GET THE SHORT LENDER'S APPROVAL 95% YOU REALTY 1ST will help you find the most financially of Realty 1st's short may need a short sales are done in-house sale attorney if for the seller's benefit the transaction savvy way of is complicated getting approval STEP 5 CLOSE THE DEAL OCCURS AFTER YOU get final approval from your lender MAY INCLUDE: THE LENDER'S RELOCATION acceptance of less assistance payment money on the sale potentially ranging than what you owe from $1,000 to $25,000 BRINGING A NEW cash to the closing agreement on a low- to help offset interest loan so you your balance can pay your debt INFOGRAPHIC LReALTY1st PROVIDED BY www.realtyfirst.net Sources: http://getoutstartover.com/StepOneCreateShortSalePackage-7 http://getoutstartover.com/StepTwoListYourHomeWithRealtyFirst-8 http://getoutstartover.com/StepThreeSecureBuyer-9 http://getoutstartover.com/StepFourSecureShortLendersApproval-10 http://getoutstartover.com/StepFiveClose-11

Understanding the Short Sale Process

shared by BrittSE on May 31
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Realty 1st works hard to find buyers who are ready to purchase at the same time you are ready to sell, making it easy to complete a short sale! Get the details by reading through this infographic from...

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