Quantex Properties buys unwanted,
over leveraged homes.
This type of transaction is commonly termed SHORT SALE.
Home
Owner Short Sale checklist
In order to be
considered for a Short Sale, you must provide the following:
- HARDSHIP
LETTER. Write a few paragraphs explaining why you need to sell
and why your financial picture has changed.
(The bank basically wants to know why they should grant your Short Sale request. Include any documentation).
- BANK
STATEMENTS for past 2 months (all checking and savings accounts).
- RECENT
PAYCHECK STUBS for past 2 months for all borrowers.
- DOCUMENTATION
DETAILING ALL ASSETS (stocks, IRA, CD's, Other investment property).
- FINANCIAL
STATEMENT (income and expenses and balance sheet).
- COPIES
OF ALL BILLS (for past 2 months for all borrowers).
- LOAN
DOCUMENTATION (include current statement for all loans on property).
- TAX
RETURNS with all schedules AND W-2s for Past 2 Years (for all
borrowers).