In order to complete a short sale, your lender needs to be willing to accept less than what is owed to them. This is why a short sale can be a lengthy process. You need to provide all of the paperwork the lender requests, which is similar the paperwork you had to provide to receive the mortgage in the first place.

It is imperative that you provide all of the proper documentation the first time you request a short sale from the lender. This allows them to move forward once they receive the package. Many times it will take a long time to complete a short sale because the seller does not provide all of the necessary paperwork at the beginning.

Are you in Seattle and need to sell your house for less than what you owe? Send an email to ibuyre@hotmail.com, be sure to include your contact info so we can discuss your situation.