Next, I will help you with a list of information that your lender will require to qualify the short sale. These documents will be sent to the lender to assist in their evaluation. They may have a particular department that manages short sales. I will ask about their specific procedures. We will list your home for sale, and start working to find a buyer for your home. Once we have an offer, I will submit it to your lender, along with other information they request. Typically, all closing costs are paid by your lender. Some lenders are more willing to work with you then others. Your lender will have to give consent for the final sale. After their review and approval of the short sale, we can work toward a closing date.
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