Munson|Montejano Realty-How to short sale

Munson|Montejano Realty-How to short sale. Before you consider a short sale you must first Determine if you qualify for A Short Sale by asking yourself Do I pass the Hard Ship Test?

Here are just a few examples of Hardship.

• Loss of Job
• Becoming disabled
• Divorce

• Death of a spouse

Click here to learn more about Hardship For Short sale

How to short sale...

If you believe you pass the Hardship Test, it is most likely time to proceed with the Process of a short Sale.

It is now time to contact a short sale listing agent who will quickly be able to confirm if indeed you qualify for a Short Sale.

Once that is established, your short sale Realtor begin the Listing Process and guide you through the following steps:

• Put your Hardship Letter together
• With your permission to contact your lender, your short sale listing agent will negotiate on your behalf and determine what you owe to date.
• After they determine the market value, they will set a listing price and your home will be listed and Marketed on the MLS.
• Once Offer is Received and you have approved the offer, your short sale listing agent will negotiate with your lender for their approval of the short sale.
• Once Short Sale is approved by lender, the escrow process begins.
• After all parties meet their obligations escrow is closed and the short sale is successfully closed.
• You man now Start rebuilding your life and credit!

What you can and should do now if you think you are going to short sale:

• Gather Financial Documentation including: Tax statements, paycheck stubs, medical bills, mortgage statements and anything you think you will need to support your Hardship case.

• Contact Legal, Tax and Financial Professionals for their advise on how the short sale will

If you believe you qualify for a short sale and are ready to take the next step please contact us immediately. There is no fee for a consultation. If you are not in the Los Angeles area we will happily refer you to one of our many affiliates throughout the US.

California Short Sale Listing Agents, Munson|Montejano, have earned the prestigious ® (CDPE) designation, having completed extensive training in foreclosure avoidance, with a particular emphasis on short sales.

Copyright © 2011 By Stephen Munson & Luis Montejano, Munson|Montejano Realty-*Munson|Montejano Realty-How to short sale, short sale, short sale listing agent,short sale realtor,luis montejano,stephen munson