when speaking to a home owner ready to short sale I know that the first doc you need is the release form, but not sure what the second and third ect…thank you for any help…I admire you guys…God bless
Howdy East tn newbie:
You need an earnest money contract with the seller at the agreed price. The seller will need to get a hard luck package from most banks that will explain their situation. They will also need a financial statement and whatever else is required by the bank. You will also need proof that you can close the deal, either a copy of your bank statement that shows the money in the bank or a letter from a lender that you are pre-approved for a loan.