Short Payoff Settlement Letter Question

K:

Thanks for considering me for your short sales needs.

What you are asking for is information about the settlement with the creditors. That comes from the creditor in the form of settlement letter from each creditor. This document is also know as the short sale letter. You need to negotiate that with the creditors. The settlement letter will state the terms of the short pay off. There are two types of short payoff. One is the true short sale, in which the owner does no longer owe. The other one is the release of lien, in which the owner still owes any unpaid balances. There are tax implications associated with this as well. All that is in the Short Sales A-Z course. It would take a long time to explain by email or phone. You may want to review the articles I have in my web site www.BestShortSales.com. Hopefully this helps.

Here is a coupon code for a $100 discount for Short Sales A-Z Online or Short Sale Biz Master Suite.

PDX-Agent

Keep in touch.

Oscar

At 02:24 PM 6/24/2008, you wrote:

Hello Oscar,
 
I just purchased your package of short sale documents ($50) off of your website.  After reviewing the documents, I did not see where the terms of the short sale are requested — the terms between the home owner and the bank.  For example, where would you state that you expect the loan to be marked as "paid in full"? 
 
Thank you,
K.A.

Oscar Morante   
www.bestshortsales.com          
oscar@bestshortsales.com
Ph: 971-222-3734
Fx: 503-296-5663
9220 SW Barbur Blvd.
Suite 119 – #159
Portland, Or 97219
Oscar Morante   
www.bestshortsales.com