Short Sale Tip of the Week

Order Your Payoff Early

If you are a homeowner getting ready to persue a short sale or if you are the listing agent...you should order your payoffs for all the mortgages when you have confirmed that the bank has received your authorization to release information. That way there are no surprises later on...make sure you specify payoff not balance these are 2 very different amounts! Have the bank fax or email you a copy. You may need it later on.

Cynthia Brower

Cynthia Brower

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