Why is it important to have all the documents ready when sending the initial short sale package for review to the lender?

Sending in a complete short sale package for review to the lender the first time makes a big difference with regards to the timeline for a short sale to be completed. The Short Sale Package is fairly standard throughout the industry. Some banks will have additional documents for the parties to sign. A familiarization with the documents typically deemed necessary by lenders for a complete Short Sale Package can ensure the short sale process moves along smoothly and expeditiously. Missing documents slow the process down because in some instances the review will not proceed unless certain documents are received by a lender’s loss mitigation department. This is why you should speak with one of the experienced short sale lawyers at Wilde Law Firm, PLLC today. Since the foreclosure process many times does not stop while a short sale package is being reviewed it is important to get the package reviewed and approved before any pending foreclosure sale date. The short sale attorneys at Wilde Law Firm, PLLC give the careful attention necessary to each file to guide a short sale to successful completion.

Please log in to rate this.
1 person found this helpful.


← Why is it important to have all the documents ready when sending the initial short sale package for review to the lender?