Have you thought about doing a Coatesville short sale on your home but don’t want to deal with submitting a short sale package? Coatesville short sale agents want you to know that you can forget about all the horror stories you may have heard about short sale packages because they’re not true. In fact, if you have all of your financial records in order, assembling your Coatesville short sale package will be a piece of cake.

When it comes to a Coatesville short sale package, there are certain documents that are required by all lenders. These documents include current pay stubs, bank statements and tax returns. Many lenders, especially the bigger banks such as Wells Fargo, Bank of America and Chase, also have their own lender specific forms that they require you to fill out. A final portion of the Coatesville short sale package is the hardship letter, which is written by the homeowner. This is the piece of the Coatesville short sale package that homeowners find the most intimidating, but it doesn’t have to be. Coatesville short sale experts say that when writing your hardship letter to be as detailed as possible about why you’re in your current housing situation; remember, if you’re struggling, your Coatesville short sale agent is always there to help you.

If you are absolutely dreading completing your Coatesville short sale package, it also doesn’t hurt to check with your agent to see if your lender has a short sale fast track program. Some lenders are rolling these programs out for homeowners that meet certain criteria; they only require a document or two to approve the short sale.

Forget what you’ve heard about compiling a Coatesville short sale package. Go get your documents together and contact a Coatesville short sale expert today to learn the truth about how simple it actually can be.