Bank of America Short Sale Information

SHORT SALE WITH BANK OF AMERICA

If you are having trouble keeping up with your current mortgage payments and owe more on your loan than what the home is worth; you may be eligible to short sell your home.

If you are experiencing the following situations you may qualify :

You owe more on your home than it’s worth
Financial hardship (such as loss of income, medical emergency, or divorce)
You cannot afford your current mortgage or a modified loan

BANK OF AMERICA SHORT SALE PACKAGE

Bank of America Short Sale Package entails:

Loan and Property Information
Third-Party Authorization Form
Realtor Information
Offer and copy of the purchase agreement
Full executed current listing agreement
Hardship letter signed and dated by the seller
Financial Worksheet
Two (2) months Bank Statements
Two (2) years of Federal Tax Returns and W-2s
Two (2) most recent Pay Stubs

Note: If you have another line of credit with another lender request a second-lien release.

To learn more about eligibility and how to apply, click HERE.

Bank of America Short Sale Documents

Bank of America – General Customer/Realtor Information Worksheet

Bank of America – Short Sale Third-Party Authorization Form

Bank of America – Financial Worksheet

SUBMIT YOUR FORMS HERE

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