In order to help you avoid foreclosure, we need to sell your house. As you know, to accomplish this, we will need to negotiate with the bank(s). In order to start this process we need the following (if applicable).
1. All owners present at appointment (if at all possible). All the persons included in the title and mortgage loan(s) must be present at appointment. Out of state homeowners can complete transaction through power of attorney or fax and email.
2. Hardship letter. A letter that states the events and reasons that caused the owners to not be able to make the house payments. We can help you with this.
3. Bank Statements. Last (2) months bank statements from all the banks where the owner(s) have accounts.
4. Financial statement. A statement that shows all the income sources, savings, assets and expenses of the owner(s). We can help you with this.
5. W-2 Forms. Last (2) years W-2 forms from all the jobs of all the owners or 1099 forms if applicable.
6. Tax Returns. Last two years federal tax returns.
7. Insurance Claims Proof when there is damage in the property.
8. Bankruptcy Letter or proof of bankruptcy proceedings.
9. Proof of Divorce. Any document that proves divorce.
10. Court Approvals. Any court approvals needed for the sale of properties in case of owned by a diseased person.
11. Proof of Disability if person is presently disabled.
12. Any document useful that may demonstrate inability to keep up with mortgage payments.
13. Police Reports in case of property damaged by fire or similar event.
14. Authorization Form-Permission for us to talk to your lender(s) on your behalf.
We will provide forms for your use, please contact us to get the most up to date forms.
We will keep all the information you provide to us confidential. It will only be used, in a limited way as per required by the bank(s) that hold(s) your mortgage.
Time is of the essence. Please collect all the material as soon as possible and call us for an appointment. As you know, there is a very limited amount of time to take action, particularly if there is already an auction date.
Once you have spoken to us and we decide which negotiator we will be using, you will need to download the forms from one of these links
