Las Vegas Real Estate Blog

Las Vegas Short Sale Approval Letter

Here is a copy of one of my most recent short sale approval letters from Bank of America. As a rLas Vegas eal estate professional representing a seller on a short sale property, it’s very important to understand the level of focus and organization it takes to close one of these deals. There are numerous elements that need to come together by the time the property records.

Short sale properties frequently have multiple mortgage loans attached to the home, each requires approval from the lender’s short sale negotiator and ultimately the security investor. On this particular deal I was able to utilize several back office contacts of mine in order to escalate the underwriting process and clear many of the required closing conditions. I currently hold the official CDPE designation. As a Certified Distressed Property Expert in Las Vegas, I’ve had extensive training and experience with lots of short sales here in Southern Nevada.

The short sale approval letter...