|
4. Short Sale Fee Disclosure
Selling Paradise Realty Todd D. Lindgren – Broker Associate PH: 239-699-6091 Fax: 239-549-5008
Client Name_______________________________ Date:____________ Short Sale Property Address__________________________________
Selling Paradise Realty, Inc. charges an administrative fee at the Listing Agreement for processing and Loss Mitigation of a short sale. This fee will range from $500.00 - $1,900.00 The fee is non-refundable and covers the additional cost, time and effort involved in the extensive process of Loss Mitigation, marketing, negotiating, and selling the property in a short sale. This fee includes helping in the creation of a hardship letter, compiling and submitting the bank package, and negotiating with the loss mitigation at the bank. The term “short sale” refers to a property with a market value less than the loan amount due to the Bank, Lender, or Lien-holder. We will negotiate with the bank to accept the current market value rather than the balance of the loan. This fee may be dispersed to the Real Estate agent or the Loss Mitigation specialist during the process.
Amount of the Fee $______________
Seller________________________Date________________
Seller________________________Date________________
Agent________________________
|