Unico Realty

We all know that the real estate industry is rapidly changing, with the recent wave of foreclosures. Here at Unico Realty we try to help people get out of foreclosure. We have a pool of buyers ready to purchase your property. Together we offer our region, our local communities and most importantly - our customers - more value than ever before to help people in need.


Do you owe more than your home is currently worth and you need to sell your home?

If so a short sale may be the service you need.


What is Short Sale?

A short sale is when you owe more than your properties currently value but you need to sell. In a typical situation, your mortgage lenders would require you to come in with the difference in the amount owed. A real estate short sale is where we negotiate with you lenders to accept a pay-off that is less than you currently owe and you do not have to pay the difference.

What is Required for a Real Estate Short Sale?

In order for us to get a real estate short sale accepted for you, we first must present the property to our buyers. During that period you will need to provide the following documents to us so that we may package a real estate short sale request to your existing mortgage lenders.

Documents required for Real Estate Short Sale

Please gather the following:

Last two years tax returns with W-2's and any tax schedules
Most recent two months of pay stubs
Most recent two months of bank statements for all your accounts, including retirement accounts, 401k.(all pages are required even if blank)
Current mortgage payment coupons for existing mortgages
Copy of original mortgage note and deed of trust

With these documents we create a package as to why you require a real estate short sale and submit this to the appropriate department at your lender, once one our buyers puts an offer for your home.

Who can Qualify for a Real Estate Short Sale?

Typically, the mortgage lenders will only accept a real estate short sale if you are at least one month behind on your mortgage payments, have a ready and willing buyer and you are unable to debt service all of your existing liabilities. Also, if you financial situation has changed and you are currently making less money than before and you have no more savings, you most likely qualify for a real estate short sale. This is the reason why we need to above documents to paint a clear financial picture of your current situation.

Do You need a real estate short sale?

If you owe more than what your home is worth or you are unable to continue making payments. You need to sell your home, please contact us regarding our short sale services. Contact us via email: info@unicorealty.com with any questions regarding a real estate short sale or by phone at: (630) 483-0500