Sequence Of Paperwork In SS

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I personally send in fax cover, auth. to release, formal request to postpone, psa, and proof of funds letter up front. this has worked out very well for me.



i know everyone seems to do it different and that is good for whatever works for that individual.



however, the following inofrmation is standard info requested by lenders for short sale packages. what order would you send the faxed documents? the order listed is how I send them.



fax cover

offer letter

hud-1

comps

repair estimate

property disclosure stmt

financial stmt

check stubs

tax returns

supporting documents (medical bills, termination, etc.)

county tax stmts if owed



I would love to hear your feedback on your process.



Thanks,



Daryl

Comments(8)

  • daryl12347th July, 2006

    How did this post end up in the commercial part of this forum? I posted int he residential? Also, does this mean you recommend this proposal process in the residential side as well?

    Are you selling a course that shows how you perform such a proposal?

    Daryl

  • charlotteinvestor7th July, 2006

    SSP,

    Now this is new to me. How do you address the FED EX package? Interesting.

  • TheShortSalePro7th July, 2006

    Negotiation is a process....a dance. The process includes the exchange of information... Try to learn about who is sitting on the other side of the table before you make your case. You only get one chance to make a first impression.

  • TheShortSalePro7th July, 2006

    Well, having been doing this for 25+ years... I can safely say that any question can be answered with, "it depends..."

    So, read all you can. Decide what makes sense. Incorporate your skillset into your, authentic, style.
    Learn, fine tune via trial by education.

  • charlotteinvestor7th July, 2006

    Daryl,

    I agree with you. Now i am more clueless as to what ssp is talking about now than before.

  • daryl12347th July, 2006

    Again, very well stated general answer.

  • charlotteinvestor17th August, 2006

    I do not read every post, but i thank you for clearing things up.

  • tracy596317th August, 2006

    Now that was some help SSP I would have never gotten that from the previous Dialog

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