Creating A Short Sale Package
For many seasoned investors, building a short sale package is a simple process. After you have settled upon a acquisition price, you must design your package so that the loss alleviation officer at the bank fully understands the trade off between accepting and rejecting your short sale purchase offer. Since the ultimate goal is to get the bank to accept your offer, you should be in contact with the lender well before you begin assembling your short sale package.
