Dawn Barrier REALTOR®, 's Blog,LAS VEGAS BLOG

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WHAT DOES A SELLER NEED TO PROVIDE TO DO A LAS VEGAS SHORT SALE?

WHAT DOES A SELLER NEED TO PROVIDE TO DO A LAS VEGAS SHORT SALE?

This is just a basic starter list.  Your lender may require you to provide more or less documents, but these are what you need to be prepared to provide to so that your short sale will go more smoothly.

DOCS NEEDED For Short Sale

•1.       Authorization form to lender

•2.       Hardship letter

•3.       Mortgage Statement

•4.       Financial Worksheet  

•5.       2 months paystubs

•6.       2 months bank statements

•7.       2 years tax returns

If you don't have 5,6, or 7, you will need to provide a letter explaining a valid reason why you don't have them to present to the bank and it could hinder the short sale process.

Keep checking my blog for more short sale information and you can email or give me a call with other questions you may have. 

A bit about me

Certified Short Sale Professional

Certified Short Sale Professional

Dawn Barrier        Email Dawn 
Century 21 Aadvantage Gold
2 offices to serve your needs (North and South)
Las Vegas, Nv
(702) 812-4550

Las Vegas Short Sale

My Website

 What does the term "Short Sale" mean and why does it take so long to process?

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  • Dawn Barrier    EXP REALTY Las Vegas   (702) 812-4550 

     
     
     
     
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    Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

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    Comment balloon 1 commentLas Vegas Real Estate Agent Dawn Barrier • September 22 2009 02:54PM

    Comments

    Dawn,  I know if the seller's loan is an FHA loan, then the seller has to qualify as an FHA seller.  Your list looks like the list they require to qualify.   If the seller does not qualify, no short sale is allowed.

    Posted by Dean Curtis (Coldwell Banker Kittitas Valley Realty) over 9 years ago

    This blog does not allow anonymous comments