Clients who wish to sell their home must fax over a contract to sell with a closing date set at least 45 days out from the date of the contract. In addition you must also provide us with the following information:
- How much earnest money has been put down, who has the money and the sources of the funds.
- HUD-1 Statement
- Copy of the sale contract
- Who the proceeds of the sale shall be paid to (this should be the Chapter 13 Trustee)
- Principal balance on the mortgage.
DO NOT HAVE YOUR REAL ESTATE AGENT CALL US. THIS CAN BECOME CONFUSING AND WILL CAUSE A DELAY IN PROCESSING YOUR PAPERWORK. YOU NEED TO GET THE INFORMATION FROM THE AGENT AND PROVIDE IT TO US. WE DO NOT DEAL WITH REAL ESTATE AGENTS.
Once we have received all the necessary paperwork we will daft and file a Motion to Sell and request a hearing to obtain Court approval for the sale of your home.
If you motion to sell is approved then the proceeds will be paid into your case and any excess funds after your case is paid off will be paid directly to you.
