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Otherwise be prepared for the borrower to defend themselves upon default with the idea that they couldn't afford the loan and watch the judge award the Borrower recovery of all fees, interest and costs associated with getting the loan.  

W2 for the time being.Mason,You'll need 2013 & 2012 W2's and 1040's (all schedules)Social Security and or Pension award letters detailing monthly award (if applicable)30 days of pay stubs (most recent)2 months on bank statements (most recent)401K, IRA or any reserves that you might (Loan officer might not need this but provide it)DL and SSC copies (front and back copies)Mortgage statements, tax bills, Homeowners insurance and HOA bill (for all Real Estate owned)Complete divorce decree and or BK discharge paperwork (In case you have child support and to verify the actual discharge date)This is a great start and depending on your situation more might be requested.

This is also common in divorce cases when one partner is awarded the property.

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Don I know the provision you are speaking of concerning if it's the first time they are late in 12 months you have to take the rent.I believe you are mistaken in the fact that you do not have to take personal or business checks.I believe it has to be certified funds.I NEVER EVER take anything but certified funds from my tenants or cash and write a receipt.I do get cashiers checks from charities etc. that I deposit.Actually the tenant is going to be in trouble here.Had she have just left and not replied to an answer from the court you would only get awarded eviction by the judge and had to file the writ.When the tenant in Georgia does not answer the judge can only evict and not issue a judgement.In that case you would have to take her to small claims court.The fact that she has written a bad check that has bounced depending on the amount can be a felony or misdemeanor if she does not cure it.She doesn't sound like a professional tenant to me and you sound like a newer landlord.

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If someone bids $1 more than you tomorrow, they will be awarded the property