Afton Short Sale Agents
Short Sale Agents in Afton
There are a number of components in a successful short sale of a house in Afton. Short sale agents can assist with preparing all the proper documents and filing everything in the correct fashion, in a timely manner. In fact, Afton short sale agents from our office have highly honed skills that make short sales a reality for many homeowners looking to outsmart foreclosure dangers.
Here is a list (but not an exhaustive list) of typical documents our Afton short sale agents typically assist in assembling for a short sale proposal for a lenders review and acceptance:
- Appraisals
- BPOs (Broker’s Price Opinions)
- HUD-1 Settlement Statement
- A listing agreement
- A written agreement of sale
- Evidence that the buyer is financially qualified to purchase the property
- Authorization that one of the Afton short sale agents is authorized to act as the seller’s agent
- Financial worksheets setting forth the seller’s monthly expenses
- A Hardship Letter
The Afton short sale agents are very good at helping sellers pull together everything needed to get
lenders to approve a short sale proposal. Afton short sale agents know who to contact to get the
proper BPO’s and/or appraisals. Listing agreements and agreements of sales are second nature to the
Afton short sale agents. Knowing what is required to show a buyer’s viability is a simple process for
the Afton short sale agents. Thus, a seller giving authorization for the Afton short sale agents to act on their behalf makes perfect sense.
There is one document from the list above that requires a certain amount of finesse and creativity,
qualities that our Afton short sale agents have. The document that requires a lot of attention is the
hardship letter. Many homeowners seeking a short sale approval think that just jotting down how
bad things have been for them in the past year is enough information for the lender. Afton short sale
agents know this is not the case.
It seems almost counter-intuitive that the homeowner who has not been making their mortgage
payments has the burden of proving that they are, in fact, broke. But, the hardship letter must do
a good job of expressing just how dire a seller’s situation is. The Afton short sale agents can assist
homeowners in drafting a hardship letter that is truthful but that also depicts a very dismal financial
situation. The Afton short sale agents have practice in knowing what to attach to a hardship letter (pay stubs, tax returns and even local new articles). Sellers seeking short sale approval need to move past any feelings of shame regarding their situation and lay it all out in the hardship letter. It helps to have a professional, such as one of the Afton short sale agents to assist in the drafting of the hardship letter.
