for those of you doing short sales, how many sellers start out being very cooperative, then just up and quit you, and dont bother to complete the required paperwork?

This website says that they have all the paperwork and guidelines.

- Who would sign the contracts and paperwork since they can't find the heirs?

You will probably get your tax paperwork at the time of closing, rather than having it mailed to you at the end of the year.

Makes no sense at all.The only document that makes sense is the loan analysis paperwork you get your loan officer to send you.

The price the end buyer gets will likely be slightly below market when it's all said and done.The truth is that I'm putting a couple deals through (as a birddogger) a firm I partnered up with that does all the negotiations, paperwork, funding, etc.

I am having trouble coming up with enough paperwork to make it look like I am a legitimate operation, and not some scammer.

My Realtors bring me the deals, collect all the paperwork, have the sellers sign my processors 'Arms length' transaction docs(meaning they're just negotiating the deal, no biggie, don't get caught up b/c I used a term you may not be familiar with) and then they send me the purchase contract to sign(usually via email and electronic signature so I don't get carpal tunnel) and then they actually put the property on the MLS for me instead of the original seller to find a buyer while the processor is negotiating.

So that way they can force the owners to submit any and all requested paperwork; the lender is hoping for some signs (assets) that indicate whether these owners would be worth pursuing in such a lawsuit.If the approval happens first, there is no longer any reason for these owners to cooperate ...The lender might also be looking to get the owners to sign a promissory note to cover part (or all) of the deficiency.

I believe this will help them feel less like they're being taken for a ride, and they aren't surprised when they see paperwork for the transaction and it's going to your buyer.