West Sacramento Short Sale Information – Chase Short Sale Package

Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us.

The Chase Short Sale Package. So what goes into a good Chase Short Sale Package or any Short Sale package for that matter? Now many banks like Chase, Wells Fargo, Ocwenand Bank of America have their own specific forms and format the West Sacramento Short Sale package is pretty standard. There are deviations if it is a HAFA Short Sale or a Fannie or Freddie Short Sale but the basics are the same.

In addition to the lender specific Short Sale application, generally what is required in a Chase Short Sale package is two years tax returns, two months of your most recent paystubs, two months of your most recent bank statements, a hardship letter describing the reason for the Chase Short Sale, a financial statement showing your income and liabilities, an IRS form 4506T, and depending on the loan type and West Sacramento Short Sale type you may also need a form 710, RMA or a Dodd Frank form stating you have not been convicted or felony larceny, theft, forgery, fraud, money laundering or tax evasion in the last 10 years. The form 710 and RMA are similar but different in that each is a government form asking for the same information in a different format. You normally don’t need both in the same Chase Short Sale.

While this all sounds overwhelming, it’s really not all that bad. The key is to turn in a near perfect Chase Short Sale package from the beginning and the negotiations will go much smoother

Is a West Sacramento Short Sale Right for Me? Give me a call and let’s find out. We also offer a short sale lease back program for those who qualify allowing you to short sale and stay in your home. Call me for details

To get a better idea of when your West Sacramento home will be worth what you owe, log in to www.shortsaleandloanmod.info for a free estimate or call me today for a free no obligation consultation or for the latest West Sacramento short sale information. Call me today and sleep better tonight; you’ll be glad you did.