Short Sale Request Template printable pdf download

Your Company Name

Company Address

City, state, Zip

Phone: (555) 555-5555

Fax: (444) 444-4444

Date:

To: Institution Name

Attn: Loss Mitigation Rep. Name

Phone: (agency Phone)

Fax: (agency Fax)

RE: Short Sale Request

Acct.# xxxxxxxxxx

Property Address 123 Main St;

Dear Mr. / Ms

Pursuant to our conversation on ______________(date) this offer letter outlines a discounted note

purchase for an assignment of mortgage currently held by ___________________(Institution name).

We are prepared to tender a non refundable deposit of $____________(deposit amount) as good faith to

have your investor postpone the foreclosure sale on the aforementioned property. We will “require” a

signed agreement prior to sending funds. Based on our lending criteria we are submitting two offers which

differ based on timeframes and funding dates.

OPTION 1- Close this Quarter

$_____________(deposit) non refundable deposit once we have an acceptance in writing. A note

purchase amount of$_____________(purchase amt.). Funds transfer by _________________(date),

before close of business. Total purchase price to your institution $_____________(note purchase amt +

deposit amt.)

OPTION 2- Postpone Foreclosure Sale Date

$_____________(deposit) non refundable deposit once accepted. Foreclosure sale postponed. Closing

to occur on_______________________(closing date). Note purchase amount of

$______________(Purchase amount). Total purchase amount to your institution

$_________________(Deposit + note purchase amount)

Transaction details to follow with logistics once we have a response. We have calculations from our REO

NET Ratio indicating holding time, Interest cost, fees and property condition that justify the offer price.

Calculations are available upon your request. Please let the investor know we are prepared to fund and

remove this liability.

Sincerely,

Short Sale Request Template