Information Disclaimer: Not Your Loan Servicer (Read More)
**We are not affiliated with any mortgage servicer, the investor/beneficiary of your mortgage note, the mortgage insurer (if applicable) or any government agency. We are a homeowner advocacy group with more than a decade of helping homeowners and professionals with mortgage assistance negotiations. The information found on this page is for educational and convenience purposes only. The information found on this page should be considered as opinion and not fact based on our experience with lenders over 10+ years. Consult your mortgage servicer directly or a professional before using any of the information found on this site. If you are seeking an intermediary to assist you in getting help with your mortgage you may contact us at 888-934-3444 or via email at [email protected] for further review for a no fee, no obligation, consultation. If required you may be referred to a local professional or legal counsel for additional assistance with your mortgage. Please read through our Disclaimer page for additional details. We do not represent in any way any financial institution named on this page. If you feel that any of this information has become outdated or is incorrect please contact us immediately.**
Dovenmuehle Mortgage Short Sale Application, Forms And Packages
Are You Still Dealing With Dovenmuehle Mortgage By Yourself?!
?Are You Still Dealing With Dovenmuehle Mortgage By Yourself?!?
Limited Time Offer Coupon!
Limited Time Offer Coupon!
Step 1: Dovenmuehle Mortgage Short Sale Experts
Finding The Right Short Sale Agent
Finding The Right Agent
The short sale is a fairly common occuring process but still there are a very few professionals in the market that know how to properly deal with the process. There should be as less surprises as possible. We have a Nationwide spread team of experts to serve you if you have not yet figured out where to turn to. Click here to request a call from a short sale pro or call 888-934-3444.
Get The Short Sale Listing On The Market
Get The Property Listed!
Another thing that you will need to do to get your property listed to keep the process going. If you work with an agent to get your property listed the property will get a fair review so the lender will expect that you do this. It will not be possible for you to just bring up an offer to them. Some Documents such as the MLS Listing and MLS History may have to be submitted to prove that the property was properly listed. You can not take your process of short sale any further untill you have completed this process and the first of the documents that you will need for the process to go forward will be the listing agreement.
Step 2: The Short Sale Offer
Real Estate Short Sale Definition
What is a short sale?
According to real estate a sale for which the offered amount is not enough to pay off all the debts which have been taken against the property. it is not possible for the lender to review your application until you have got an offer. The lender will also have to see that what is the net amount that you will make them once all the closing costs have been deducted from the offered amount. Past due taxes, non-recurring closing costs, attorney fees, settlement fees, title fees, and anything else that may apply are all included in it.
Best Short Sale Buyer
Find The Right Buyer For Your Short Sale
Strong Short Sale Buyers
Patience is the most important quality as a potential buyer. A patient buyer is better than both all cash buyer and the buyer whose offer is more than others. Candidates are interviewed by broker to make sure the offer is solid. Only the buyer is not important but the broker representing is also important.
Previously Approved Short Sales
Previously Approved Dovenmuehle Short Sale
Some brokers have been seen misleading people by advertising to the consumers that their short sale was previously approved by Dovenmuehle Mortgage. Even if all the terms were previously met and the short sale was approved still they will need to completely review once you have an offer.
Step 3: Submit Dovenmuehle Mortgage Short Sale Package
Dovenmuehle Mortgage Short Sale Submittal
Submiting Your Short Sale Package to Dovenmuehle Mortgage To Get The Process Going.
What is in the Dovenmuehle Mortgage Short Sale Package?
Generally all the lenders have similar document requirement. Dovenmuehle Mortgage also requires similar document. Following is the list of documents usually required: a listing agreement, a purchase agreement, proof of the buyer’s ability to perform such as proof of funds or a prequalification letter from the buyer’s lender. That’s only the beginning. As a short sale seller it will be a requirement from you to submit your financial information such as a monthly budget, your tax returns for the last two years along with a 4506t to show the returns were actually filed, pay stubs or proof of income like a profit and loss, bank statements, reason for requiring to do a short sale, and a hardship letter.
Step 4: Dovenmuehle Mortgage Short Sale Broker's Price Opinion (BPO) or Appraisal
Dovenmuehle Mortgage Short Sale Value
Getting The Right Value Goes A Long Way.
The lender can know whether you qualify for the short sale or not only when they complete a value. To complete a valuation the agent will have to compare the properties which are similar to the property which are currently listed. Properties are listed on the basis of sale between previous 3 to 6 months. Many conditions like home’s perceived condition, the size of the living space, the size of the lot, how many stories it has and whether or not it has a pool are considered by the agent. Market conditions and how fast homes are selling in the area are taken into consideration. There are many factors that are also considered.
Dovenmuehle Mortgage Short Sale Appraisal
Short Sale Appraisal Values
An agent will give an opinion called a Broker’s Price Opinion (BPO) to the lender, The reason why the lender will need to obtain is because they are already taking a loss. The lender will obtain an appraisal In case the lender would want a deeper review. Appraisers have specific licenses for valuing properties. Some investors such as Fannie Mae (FNMA) complete two appraisals. The type of value completed varies from lender to lender and investor to investor.
Dovenmuehle Mortgage Value Disputes and Variances
Filing Value Disputes and Variances
Sometimes the value returns too high,This can happen both to the rookies and the professionals. Sometimes the broker will compare those properties which have nothing in common because he/she is not from the area no matter how hard you try and meet regularly with the broker or appraiser.
Step 5: Finalize Short Sale Terms
How Long Does A Dovenmuehle Mortgage Short Sale Take
Dovenmuehle Mortgage’s Short Sale Time Line Coming To An End.
At that time the undersigned and management will have to decide whether to present your file to the lender or not. Usually an auditting process occurs before presenting the file to the management and then there is a another before issuing the approval letter.
Dovenmuehle Mortgage Short Sale Counters
Dovenmuehle Mortgage Counters Short Sale
Unfortunately, sometimes Dovenmuehle Mortgage management may counter or altogether reject your short sale application. To counter either of these situations one needs a special set of skills that can only be acquired from experience. Easy tasks can be done by anyone but it is the difficult tasks that are hard and seperate the professionals and rookies.
Step 6: Closing A Short Sale
Short Sale Escrow
Short Sale Escrow.
Short sale closure is very much similar to the closure of traditional or typical escrow. Once all the debt holders have given their approval, it will be possible to move forward with the escrow process. A title search should now have been completed to assure that all the parties affiliated with the property have been addressed.
Short Sale Extensions
M&T Mortgage Issues Short Sale Extension
What happens if the approval letter expires and we are not able to complete the short sale process? This is a question we get all the time and there isn’t a simple answer to it. It depends on delinquency of the mortgage, whether the value they had expired, and many other details. Consult one of our professionals if you need more time to see what we are able to get approved with Dovenmuehle Mortgage’s Management. Results may vary greatly but the best part of our services is we only get paid if the transaction successfully closes (we are generally paid from the real estate comissions awarded to the agents involved and paid out of Dovenmuehle Mortgage’s net).
We've Been Dealing With Dovenmuehle Mortgage For Over A Decade!
?Don't Get Lost In Dovenmuehle Mortgage's Website!?
How Does ACG Get Paid?
Absolute Consultant Group consists of professionals that can work with the local broker to get your property sold quickly. Dovenmuehle will pay us directly from the escrow closing account. We get nothing if the transaction fails to close. Usually the amount paid to us comes from the amount that is awarded to the brokers involved in the deal. Usually the seller will have to spend even a single penny for this service. Call for details 888-934-3444.
Understanding The Dovenmuehle Short Sale Status
You may have already noticed that it is a fairly difficult and long package. Dovenmuehle Mortgage have done nothing so that the consumer feels easier. but ACG is here to assist you with your application for the short sale process to get mortgage assistance from your servicer.
Assistance For Dovenmuehle Mortgage In America
We will become the on3 stop shop for all the challenges related to Dovenmuehle Mortgage if you work with us. ACG will act as a one stop shop for all your mortgage relief services. We will work with you from start to finish to complete your short sale process with Dovenmuehle Mortgage.
Call Us 888-934-3444 Today.
Dovenmuehle Mortgage Short Sale Package Breakdown
When you ask that what is Dovenmuehle Mortgage Package? The first requirement that you will be required to fulfill is that you will have to submit a package called Dovenmuehle Mortgage Request for Mortgage Assistance (RMA). The most important thing to take care while applying is to always use the most updated paperwork; It will be better if you consult with a professional first. We have put up the latest paperwork that we found on the Absolute Consultant Group (ACG). ACG helps homeowners with their Dovenmuehle Loan Modification and Dovenmuehle Short Sale process.
There are 6 Sections to the standard Dovenmuehle Mortgage Short Sale Package.
Need Assistance With An Dovenmuehle Mortgage?
Need Assistance With An Dovenmuehle Mortgage?
Short Sale RMA Package PDF Breakdown:
Hardship Affidavit Application Check List
- Borrower Details This section will require the consumer to fill out all the personal details of the borrower and co-borrower. This section will also ask whether your property is listed for sale etc.
- Hardship Affidavit This section has hardship options from which you will need to tick out the correct ones showing the reasons for your hardships.
- Household Assets This section will require that you fill out all the details of all the assets currently owned by the household.
- Monthly Household Income. In this section you will be required to put the monthly income details of the whole household. You will be required to put the income of both the borrower and co-borrower.
- Third party authorization and agreement You have to fill this section if you want us to speak with any third party on your behalf.
- Form 4506-T The final document in the whole page is the 4506-t which is used in order to verify the tax returns that you provided. Make sure to follow the directions thoroughly..
Dovenmuehle Mortgage Is Difficult. Don't Go It Alone. Professionals Standing By.
Disclaimer: Using The Wrong Form May Lead To A Denial
We provide mortgage servicers mortgage assistance package, forms, and applications to for educational purposes only. This is a sample document used to obtain mortgage assistance relief workout programs with your mortgage servicer. Prior to completing the form contact your (your client's) Mortgage's servicing department OR one of our professionals at 888-934-3444 to make sure they are sending the right loan modification or short sale package. Your home loan servicer, whether dealing with a Home Loan Modification or Short Sale (mortgage settlement, short pay off or discounted payoff) RMA Package offered on this website may not be the correct package depending on your investor. By downloading this RMA (Request for Mortgage Assistance) from our website does not guarantee loan modification assistance or any other mortgage relief programs to try to avoid foreclosure through mortgage servicer, its agents, employees, affiliates or subsidiaries. Prior to the use of any documents you should consult an attorney.