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What You Will Need To Know To Get Started On A Short Sale Today

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Hi there I am Shawn Polston with Tucson Short Sale Negotiator and Keller Williams Tucson. Today I wanted to talk about getting started on a short sale and what you need to know about the first few steps. Hopefully you have watched some of my video blogs to help answer some of your general questions about short sales and feel confident that this is the right choice for you. One of the first things you will need is a run down of all the documents your bank will request in order to initiate a Tucson short sale. Included in these documents you will need two years of tax returns, two months of bank statements, and pay stubs for your last month of work. The most important document will be a letter of hardship. This letter of hardship will briefly describe your situation and why the bank should consider allowing you to short sale your home. If you are unsure about what to write we can certainly provide some assistance but it is important to remember this letter is just to provide the facts to your bank. I recall the first short sale I ever closed the gentleman simply wrote,"My hours have been cut at work, I am not making as much money, please consider me for a short sale." By having this paperwork all set up it will take a lot of the guessing out of the short sale process for you the homeowner. If you would like to get started or have specific questions please give me a call or send me an e-mail. I look forward to hearing from you.

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