Essential Documents to Prepare for a San Diego Short Sale
If you’re thinking of putting up your property for a short sale in San Diego – you’re going to need to start preparing right this very moment. There’s a lot of work to be done, and as with any San Diego short sale – time is a luxury that you don’t have much of.
To ensure that you’re ready for the entire process that all San Diego short sales need to go through, you’re going to have to prepare a package of documents that are all essential in one way or other. This could help you bypass a lot of the common problems that people face when trying to get short sales in San Diego off the ground.
Be prepared, and you’ll find that a San Diego short sale is not really that big of a hassle after all!
Here’s what you should be getting ready:
? A Hardship Letter with a Cover Letter attached. Ideally this would be prepared by a professional realtor who knows what banks and lenders look for when it comes to short sales in San Diego.
? Current Accounts. This includes a full breakdown of your budget including your income, expenses and also any outstanding debts you might have. Once again, it is best to get your realtor to handle this – but in some cases banks or lenders handle it themselves. Remember to also attach any other documents that may be related, including your recent Tax Returns, Bank Statements, Pay Stubs, and so on.
? Authorization Letter. If your realtor is going to be handling a short sale in San Diego on your behalf, they’re going to need permission to do so – in writing!
? Listing Agreement
That should be a good place to get started. Of course, a San Diego short sale is going to require a lot more paperwork before it is done and over with, including inspections, estimates of repairs, broker price opinions, offer of purchase or sale of home, and so on.
If you’ve hired an experienced realtor or estate agent to help you out with short sales in San Diego, you should find that they’ll take care of the bulk of the work on your behalf. From time to time they may need certain documents from you, and it would be a good idea to ask them in advance if there’s anything you should be preparing.
At the end of the day, if you’re willing to be proactive and really take the time to make sure that you’re fully prepared for a San Diego short sale – you should be able to get it done quickly and efficiently.
So why wait? Start taking the first steps to ensure that your short sale in San Diego is carried out with time to spare. By having to spend less time on the details, you can spend more time trying to negotiate a good price and find a good buyer for short sales in San Diego!
See more on San Diego short sale and check the latest on San Diego short sales – Start with your San Diego short sale now!
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