Get Started with your Short Sale

The worst thing you can do is nothing at all

The agents at GC Investments, Inc. are specialists in working Short Sales nationwide. We help homeowners by working with your lender to negotiate a lower payoff amount in order to price your home below competition and get it sold. Our agents will also aggressively market your home to attract buyers and oversee the entire sales process of your home.  These services are at no cost to homeowners.  The only work on your part is to gather the documents required by the lender to approve the short sale.

Step 1

Be informed about all your options before deciding to pursue a short sale.

All you have to do is fill out this simple online form for a quick response.

CLICK HERE to print a map of possible options.

Step 2

CLICK HERE to print the Short Sale document list. These are documents needed by the lender to approve a short sale

Step 3

Fill out a lender financial worksheet.  If you do not see your specific lender below, use the Generic Form.

     CLICK HERE Generic worksheet
     CLICK HERE Aurora Financial worksheet
     CLICK HERE Bank of America worksheet
     CLICK HERE Carrington Financial worksheet
     CLICK HERE Chase worksheet
     CLICK HERE Flagstar Bank representation form
     CLICK HERE GMAC financial worksheet
     CLICK HERE GMAC short sale forms
     CLICK HERE IndyMac (OneWest) worksheet
     CLICK HERE SunTrust Mortgage Affidavit
     CLICK HERE Wells Fargo worksheet
     CLICK HERE Wells Fargo short sale docs
     CLICK HERE Wilshire Bank worksheet

Step 4

The Short Sale Hardship Letter

     One important piece of documentation required by your lender will be the "hardship letter".  The hardship letter is basically a plea to your lender to accept the short sale.  The hardship letter should be a one page letter, preferably typed, and should also be signed and dated by all borrowers as well.  This letter will state the "hardship" that you are in, and explain what circumstances caused you to no longer be able to afford to keep your home.  Try to make strong case, and try to relay the desperation of your situation.  The hardship letter should be brief and to the point, two or three paragraphs at the most.  Many people will end the hardship letter with a statement such as "please accept a short sale on our home, it seems to be our only solution" or "It seems that a short sale may be our only alternative to a foreclosure".

CLICK HERE to view a sample hardship letter
CLICK HERE for an article on "How to Write a Hardship Letter"

Other important things to note:

• Work hand in hand with our local Realtor we put you in touch with!  Only the best and most experienced real estate agents make it into our network,  you are in good hands!  In addition, most all lenders require that your home be listed on the market for a certain length of time, or at least listed with a Real Estate Agent! Make sure you give them all of the required documentation in a timely manner, as well as any other paperwork needed.  Even though a short sale is usually an "As-Is" sale,  it will usually be helpful to make your home as presentable as possible.  Click here for a great step by step guide on "how to prepare your house for sale".
• Be Patient!  The process is very time consuming, and will usually take several months.  Enjoy the time in your house while you have it, and try not to allow these circumstances overwhelm you.
• While real estate does involve legal matters in general, please remember that we are NOT attorneys or CPA's, and you should consider the services of an attorney or appropriate licensed person if legal advise or representation is ever needed.
• The Short Sale process is very complicated and time consuming. That is why it is best done by experienced professionals.  Click here to see a diagram of the short sale overview process.