OfflineFor those that have asked, here is a sample letter of authorization for a short sale. You will need this written permission from the owner to allow the bank to disclose information about the homeowner and their mortgage on the property.
http://www.deangraziosi.com/ufiles/letter_of_authorization-1.doc
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LETTER OF AUTHORIZATION
Date:
Property and Mortgage / Lien Holder Information
To: 1st Mortgage / Lien Holder: _______________________________
Re: 1st Mortgage or Loan / Account Number: ____________________
To: 2nd Mortgage / Lien Holder: _______________________________
Re: 2nd Mortgage or Loan / Account Number: ____________________
To: Other Mortgage / Lien Holder: _______________________________
Re: Other Mortgage or Loan / Account Number: ____________________
Property & Borrower / Homeowner Information
Property Address: ___________________________ City: __________________ State:______
Property Owner(s) Name: ____________________________ & ___________________________
Primary Borrower SSN: ___________________ Co-Borrower SSN: ___________________
To Whom It May Concern:
I, ________________________________________, & _________________________________,
Borrower Co-Borrower
herewith give the above referenced mortgage holder / lender, attorney, servicer, and/or insurer of the mortgage loan or credit card debt referenced above permission to speak with and disclose financial records pertaining to the loan or debt to John Doe of Doe Associates, Friendly Title Company, Acme Realty and or each of their respective assigns, associates, employees or agents.
A facsimile copy of this document may serve with all of the rights and legalities as an original.
Accordingly, I agree to indemnify and hold harmless, John Doe of Doe Associates, Friendly Title Company, Acme Realty and or each of their respective assigns, associates, employees or agents from any liability for actions taken by the lender or as a result of this contemplated short sale transaction.
Dated this the ____ day of July, 2007.
_________________________________ _________________________________
Borrower Co-Borrower
"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
For a little about me, welcome to the site, and a few tips for new DG family members, click on this link: http://www.deangraziosi.com/user/3249
can I do a re assignment on a short sale or is it mainly just for purchasing
you never know until you find out...
I appreciate it!!!
Rina, as always your support is deeply appreciated! Continue success to you and family...............Lubertha
"GOD IS STILL IN CHARGE, HE IS THE AIR WE BREATHE"
Does anyone have advise for me as a beginner? I'm in Knoxville,TN and am interested in any knowledge anyone may want to bestow upon me. Thank you. kelly
Hello Rina, Did a general search on line for a letter of authorization and low and behold the DG site comes through. Not sure how you spell lowandbehold, never used it before.
Jimi Klopp
610-816-0314
jimi@checks4houses.com
www.checks4houses.com
"Far better it is to dare mighty things, to win glorious triumphs even though checkered by failure, than to rank with those poor spirits who neither enjoy nor suffer much because they live in the gray twilight that knows neither victory nor defeat." - Theodore Roosevelt
Thank you Rina this is a big help.