What Paperwork Will be Needed from the Bank to Complete my Short Sale?

Hi, my name is Chris Bowers and I am the owner and team leader of the Bowers Team, your Arizona short sale specialists. I get asked all the time what it will take for me to complete a short sale, what is the paperwork that will have to be provided to the bank and there actually isn’t that much paperwork that has to be provided. Just think of it as the same paperwork you actually needed whenever you qualified for your mortgage. So it’s pretty much the same paperwork you were giving the lender when you were trying to get your loan and we are just going to try and reverse the situation and let them know that you don’t qualify for the property or the home loan.

So what we are going to need is your last two months bank statements, your last two paystubs, your tax returns for the last two years and W2′s and a hardship letter. Don’t let the hardship letter scare you. I know a lot of my clients’ think that is going to be the most difficult part, and it’s actually easy to make a hardship letter. It’s just a word document and you attention it to whomever it may concern. It only has to be really small, maybe one or two paragraphs just explaining to the bank that you are needing to short sell your property, the reason why you are needing to short sell your property and how you would really like their help so that you can get out of this home and move on with your life and so your family can move to another home.

Again, I’m Chris Bowers with the Bowers Team, your Arizona short sale specialists and we are here to help. Please give me a call today. I can email you over the entire package it’s nothing that you have to create on your own. I will actually email you the package and on the very front page of that packet will have a checklist of all the things that we will need. You will actually be able to collect the document and check it off and then just keep going down the list. It only takes most people about 30 or 40 minutes to fill out the entire package. If you have any questions throughout the process we will be able to walk you through it. We’ve seen these packets over and over again so whatever questions you have we would be able to answer them. Please reach out to us and give us a call or fill out one of our forms on our website and we will be in contact with you soon. Thanks and we look forward to hearing from you.

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