If you are having problems making your mortgage payment each month and need help, please contact me. I can refer you to a Short Sales and Foreclosure specialist in your area. Keep in mind that it is illegal in many states to ask for up front fees to handle a short sale. If you are asked for money, look elsewhere. Real Estate agents trained in Sales and Short Sales will be able to help you for FREE.
What is a short sale
HAMP Short Sale Guidelines
3rd Party Authorization for Realtor
3rd Party Authorization for Escrow Officer
The short sale process varies between banks. This section will give you an idea of how different banks work.
Bank of America
Bank of America now uses a third party company called Equator to streamline their short sale process. You may find Bank of America phone numbers, fax numbers, and an outline of what steps to take to successfully complete a short sale process with BofA.
B of A 1st Mortgage Help for agents
B of A 2nd Mortgage Help for agents
Home Owners steps in a B of A Short sale
Example of Equator worksheet
B of A Junior lien short sale forms
Citibank has been a great one to work with on short sales. They tell you a listing price, set up a negotiator right away, and are a breeze to work with. Below are the forms that you might find for Citibank.
Short Sale letter
2nd lien approval