Making your Indianapolis short sale a smoother process!

Making your Indianapolis short sale a smoother process!

If you are thinking about listing your home as an Indianapolis short sale, be prepared for your listing agent to ask you for documents that your bank will need. They will more than likely need to provide your lender:

Last two months bank statements

Last 30 days worth of paystubs for each borrower that is on the loan that is or will possibly be delinquent.

Last 2 years federal tax returns

A Financial Worksheet from your bank if they have one, and if they do not, one that your listing agent should be able to provide to you.

A hardship letter explaining what caused you to fall behind

These might seem tedious, but your lender and their MI company and or investor needs these items to see if you are able to qualify for a short sale.

Let your agent know how far behind you are on your Homeowners Association dues, so they can factor that in to preliminary figures that are sent to your lender.

Give us a call today for more information, or visit our website. www.SmithFitzgeraldTeam.com

About the Author: The above info regarding Making your Indianapolis short sale a smoother process was provided by: Heather Fitzgerald, who has over 15 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-885-8858. Thinking of selling your home or buying your next home? We can help you with this. I service the following areas: Greenwood IN, Indianapolis IN, Franklin IN, Whiteland IN, Mooresville IN, Martinsville IN, Avon IN, Carmel IN, Westfield IN and surrounding areas.

Copyright © 2009 By Heather Fitzgerald- Making your Indianapolis short sale a smoother process!All Rights Reserved.

Experienced Short Sale agent for Greenwood IN Short Sales, Greenwood Short Sales, Indianapolis Short Sales, Indianapolis IN Short Sales, Indianapolis Real Estate, Greenwood IN Real Estate.