Short Sale Resources For Seller
Seller Needs to Turn in All Information Below
- Listing Agreement
- Sellers Disclosure
- HOA/Condo/MUD Addendum
- Authorization to Release
- American Fidelity Authorization to Release
- Hold Harmless Agreement
- Homeowner Document Checklist
- Homeowner Financial Worksheet
- Listing Agreement Addendum
- Hardship Letter
- Short Sale Disclosure
- KW Addendum to Listing Agreement
- Transaction Brokerage Disclosure
- Sellers Mold Disclosure
- KW Sellers Estimated Closing Statement
- Lead Based Paint Disclosure (If Req)
- Lockbox Agreement
- Most Common Questions Sign Off
- Copy of Most Recent Mortgage Statement
- Two Months Checking Account Statement (all borrowers if separate)
- Two Months Saving Account Statement- (all borrowers if separate)
- Two Months Other Account Statements (all borrowers if separate)
- Last Two Paycheck Stubs (all borrowers)
- Last Two Years Tax Returns (all schedules)
- Last Two Business Statements (if applicable)
- Last Two Statements for Any Other Accounts Including (IRA, brokerage, etc.)
- Short Sale Addendum
- Additional Addendum and Legal Documents
- Borrower’s Acknowledgement and Agreement
- Mortgage Information
- FHA Check List (if you own a condominium)
Statelandbrown's Checklist
- E= MC2 Seller Assessment Prior to Appt (Form B)
- Complete Seller Interview Questions (Form O)
- Email All Forms and Information Sheets
- CMA- Tax Record
- Previous Listings Research
- Neighborhood Summary
- Printed Deed (County Clerk of Courts)
- Listing Price Worksheet (Form I)
Meet the Seller
- Meet with Client Go Over:
- Paperwork and Communication Calendar
- Check Through All Paperwork for Signatures
- Listing Checklist Make Sure All Forms Are Complete
- Responsibilities of Lydia
- What I Do
- Foreclosure Timeline
- Show Paperwork of What We Do
- Take Pictures Good and Need Repairs Pictures
- Get HOA or Condo Docs
- Fill Out Repair and Damage Form (Form L)
- Fill Out Homeowner Property Checklist (Leave Copy of Form)
- Supra- Sign- Business Cards
- 800- Sign and Number
Listing
- Input into the MLS within 48 Hours
- Edit Pictures and Input
- MLS Set Up Auto Sellers Neighborhood
- Input Into CCS Showing Service
- Send Paperwork to Keller Williams
- Input into Realtor.com Enhance
- Input into Website
- Make a Flyer Send
- Email Listing to Lydia and Seller
- 26 Website Listings
Maintain Listing
- Price Adjustments 15th and 30th
- Communication with Buyers Agents
- Update Listings
- Review Hardship Letter
Accepting an Offer
- Lender Pre-Approval Iberia Mortgage
- Communicate with Buyer’s Agent
- As Is Contract
- Lydia Addendums
- $5,000 Escrow
- 60 Days + 30 Days to Close
- May Receive Acceptance in 2 Weeks Have to be Ready to Close 30 Days After
- Lender Will Either- Accept or Counter
- Can I Communicate with Buyer’s Mortgage Agent?
- Will Only Accept 1 Offer
- Lydia Will Update Every Week
- Review Offer
- Review HUD
- Lydia Submit Offer
- Adjust MLS for BPO
- BPO- Meet Agent
- CMA / MLS Print Out
- Neighborhood Summary / Print Comparables
- Listing History (Price Reductions)
- Give a Copy of Damage Repair
Offer Accepted
- Meet Inspector
- Communicate with Lender Weekly After Offer Accepted
- Contact Buyer’s Mortgage Lender Weekly
- Meet for Appraisal
- Communicate with Title Company
- Communicate with HOA
- Communicate with Seller’s
- Review Final HUD
- Communicate with Buyer’s Agent
- Timelines on Contract
- After Offer Received and We Have Specific Agent Talk to Them Weekly