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Real Estate Tips
Short Sales >4. How Can My Agent Help Me During a Short Sale?

If you wish to short sell your home, your agent is your best asset. As soon as you fall behind on mortgage payments and the threat of foreclosure sets in, talk to your real estate agent about getting help with a short sale. If your agent doesn’t offer to help you with a short sale, find an agent who will.

When applying for a short sale, your lender will require some documentation from you proving your financial hardship and your inability to pay your mortgage. (The documentation varies by lender, but it could be past pay stubs or tax forms.)

After you gather this information, there will be a considerable amount of of short sale paperwork. This is where your agent comes in. Your agent can be an asset by filling out all of the short sale paperwork. Once you turn the sale over to them, they can shoulder the work for you.

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Real Estate Trivia
Q 
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?

A 
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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Pat Wilson-Thomas, REALTOR®, real estate agent and broker for Lake Conroe, Conroe and The Woodlands, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Pat Wilson-Thomas, CRS
Elite Real Estate Professionals

12818 Hwy 105 W Suite 2 - J
Conroe, TX 77304
Direct: 936-524-0009
Office: 936-524-0009
Fax: 936-647-2749
Email: PatWilson@NUMBER1EXPERT.com

Pat Wilson - Thomas, CRS is the NUMBER1EXPERT™ in the Lake Conroe area. She has a proven track record that few agents can match! She brings Knowledge, Commitment, and Trust that surpasses the normal Realtor. Pat Wilson is a professional that has your best interest in mind.

CRS Equal Housing MLS REALTOR


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