Blaine, MN. (PRWEB) November 23, 2012
“Do I have to miss mortgage payments to qualify for a short sale, is just one short sale question among many, that people faced with a foreclosure ask," Kris Lindahl the experienced PHH short sale discloses. “There are other commonly asked short sale questions that include; Is it true that a short sale is the best route to get a person who owns a home out of a foreclosure? Can people really find out what are the best options for avoiding foreclosure? Plus there are other short sale questions that are commonly asked, which are addressed in the new ebook that Kris Lindahl is publishing.
Kris Lindahl, a #1 Edina Realty short sale agent says, “Banks in the short sale process, will want to see a hardship letter where the homeowner describes their hardship, and why they are requesting a short sale for their home. Money is the biggest issue throughout the short sale process, and everyone wonders with each short sale step, is there going to be a cost to doing a short sale. Over and above the hardship letter, banks require a number of additional forms prior to approving a short sale proposal. All those requirements beg the question of, is there a cost to doing a short sale?"
"The short sale documents that are typically documents like financial records," Kris Lindahl explains, and continues, "Documents that deal with the purchaser of the house are also necessary documents. If there is no buyer for the home that is going through a short sale, there can be no short sale. Documents like the listing agreement for the house, a contract for the sale of the home, and written evidence of the buyer’s financial ability to buy the house, are the documents that lenders also want to see. No wonder there are concerns about, is there a cost to doing a short sale."
"The person that is trained to assemble the people, and all of the records together, is known as the short sale agent. A short sale agent can also fully address concerns over whether there is a cost to doing a short sale," Kris Lindahl, the experienced PHH short sale agent says.