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While Not Every Short Sale Is The Same The Keys To Success May Be

Hello everyone Shawn Polston with Keller Williams Realty talking with homeowners today about some of the keys to getting your short sale approved quickly. I use this blog to keep distressed property owners in the Tucson area up to date and knowledgeable about their current real estate options. If you have questions about your current property situation or need to sell your home fast please take a minute to fill out the contact form on my website or call me directly to get started.

So today we are going to discuss some of the keys of short sale success that I have learned over the years while helping homeowners. It is important to remember that no two short sales are the same but there are some guidelines to follow to make your approval easier to attain. One of the best ways to prepare for a short sale is by having your financial history available to share with your lender during negotiations. This will call for two years bank statements, two months of pay stubs, and a brief explanation of your monthly expenses. This is vital information in getting a short sale approved and the sooner it is organized and submitted the better chance we will have. The homeowner is also responsible for completing a hardship letter that explains why a short sale should be approved. Of course all of this preparation is worth nothing if you the homeowner are not committed to leaving your home and moving on. Finding an experienced, qualified agent is an important part of the short sale process but they cannot make you sell your home. For those homeowners at risk of default or that have already defaulted it is important that you considering all of your options.

If a short sale may be in your future please give me a call so we can discuss all of the options you have sooner rather than later. The more time a homeowner has to work with the better opportunity of avoiding long term credit damage. Thank you for your time today and I look forward to helping with your Tucson real estate needs in the near future.

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