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foreclosure-short sale

Posted on: 20th Aug, 2012 03:33 pm
hi, i have a house with 2 tennants one pays the other one doesnt...i havent pay the mortgage in 8 months i been served the foreclosured papers ..i was told by chase that i could do a short sale ..one person in chase tells me i dont need the short sale documents and another person in chase says i do...the house is for sale by a realstate for about 25000 last that i owe chase ..what do i do ? thank you for your help
Hi columbianmama!

Welcome to forums!

Did you clarify as to what type of documents you will require? As far as I know, you will require certain type of documents in order to get qualified for a short sale. Such documents may include a hardship letter, a document mentioning your present financial situation, etc.

Feel free to ask if you've further queries.

Sussane
Posted on: 20th Aug, 2012 08:19 pm
Welcome columbianmama,

You will require certain documents when you apply for a short sale. Without submitting those documents, I don't think the lender will accept your short sale request.
Posted on: 21st Aug, 2012 09:27 pm
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