Please contact a Gerweck Real Estate Agent today for further information on how we can assist you in the Short Sale Process.
Settlement Agency of Michigan (SAM)
| Who We Are | Short Sale Process Overview | Short Sale Package Checklist |
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The Settlement Agency of Michigan is a title, insurance agency dedicated to providing title insurance and process solutions to the short sale customer. Sam Provides... |
Settlement Agency of will help you every step of the way with the short sale process. The process below is to help facilitate a successful transaction. | All lenders require the items listed below. Some lenders may require additional information. |
| Short Sale Packets | Provide Seller with Short Sale Pkg. | Processing Application |
| Pro Active Process Management | Collect Purchase / Listing Agreement | Hardship Letter |
| 24/7 On-Line Status | Forward Documentation to Lender | Personal Financial Statement |
| Privacy Protection | Follow Up Process with Lender | Letter of Authorization |
| Title Issue(s) Resolution | Prepare Preliminary HUD(s) | 2 years of Signed 1040's / W2's |
| Coordination between Lender(s), Realtor(s) and Attorney(s) | Seller and Agent Approval Status | 2 Months Bank Statements |
| Closing Scheduling | Coordinate Closing with Escrow Office | 2 Months Pay Stubs |
| Title Insurance | Most Recent Mortgage Statement | |
| Short Sale Acknowledgement |