INCREASE YOUR PROFITS TODAY, LEARN HOW TO EXECUTE SHORT SALES

Short Sales A-Z™ Online Class Chapter 18

Chapter 18
Short Sale Processing 4 – Short Sale Package

 

The short sale package is the set of documents a creditor (bank) requires in order to expedite and approve a short sale. This chapter shows exactly how to put together a short sale package approvable by creditors.

Objective:

  • The objectives of this chapter are to understand the requirements of the short sale package, learn how to best present the material, know what to include, what not to include, as well as the “dos” and “don’ts” of short packages.

Outline:

  • Opening contact with creditor
    • Creditor’s opening of negotiation
  • Creating a short sale package
    • Required documents
    • Financial statement
    • Hardship letter
      • Samples
    • Supplemental (optional) documents
    • Reasons
  • Use of short sale processing flow chart
  • Sample document analysis

Time:

  • 19:05 minutes

Short Sales Class Chapter 18-1

Short Sales Class Chapter 18-2

Purchase the Short Sale A-Z™
Video Course Now!



2008 Advanced Real Estate Concepts, LLC., Portland OR. All rights reserved. Prices, product and service specifications, schedules, availability, terms and policies are subject to change without notice. All other trademarks and copyrights are property of their respective owners.