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SPS HAFA Affidavit free printable template

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Date Servicer Name Select Portfolio Servicing Inc. Account Address 3815 S West Temple Salt Lake City UT 84115 Fax 801 270 7833 Email shortsale spservicing. com Seller Buyer Address Phone RE Property Address Property HAFA AFFIDAVIT This HAFA Affidavit Affidavit is given by the Seller s and Buyer s to the Servicer of the mortgage account secured by the Property Mortgage in consideration for the mutual and respective benefits to be derived from the short sale of the Property with a scheduled...
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How to fill out SPS HAFA Affidavit

01
Gather all necessary personal information, such as your name, address, and contact details.
02
Ensure you have supporting documentation ready, like income statements and bank statements.
03
Fill in Section 1 of the affidavit, providing basic details about your property and mortgage.
04
Complete Section 2, detailing your financial hardship and reasons for needing the HAFA program.
05
Sign and date the affidavit at the bottom of the form.
06
Submit the completed affidavit to your mortgage servicer along with any required documentation.

Who needs SPS HAFA Affidavit?

01
Homeowners facing financial hardship who are seeking a short sale through the HAFA program.
02
Individuals who are unable to maintain their mortgage payments and wish to avoid foreclosure.
03
Borrowers looking for assistance in navigating the short sale process with their lenders.

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In Illinois, the lien must be verified by the subcontractor with an affidavit, and must include a statement detailing the contract, the balance due, and the legal description of the property that you are attaching the lien to.
Illinois does not provide or require statutory forms for lien waivers. For an Illinois lien waiver to be valid, it must be completed by an express agreement that clearly states the intent to waive lien rights. Both conditional and unconditional lien waivers are allowed, but conditional is viewed as the safer option.
The lien prevents the owner of the property from transferring the property without first paying the contractor who holds the lien. The mechanics lien also allows the contractor who holds the lien to foreclose on the property and have it sold in order to make sure the contractor gets paid.
An Illinois Notice of Intent to Lien, also known as a “90-day Notice,” is a critical step to secure your Illinois mechanics lien rights on a private construction project. This Illinois lien notice form is required to be sent by any potential lien claimants who did not contract directly with the property owner.
472 articles Watch: How to file a lien in Illinois. Step 1: Determine if you have lien rights. Step 2: Send a notice to the owner. Sworn statement to owner. Step 3: Prepare your Illinois lien claim form. Choose the right form. Step 4: Record your Illinois mechanics lien. What to do after filing a lien.
Illinois sets a rule that filing a mechanics lien must be at the latest within four months after the completion of work provided to be good against the owner, any lien claimants or subsequent owners.

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The SPS HAFA Affidavit is a document used in the Home Affordable Foreclosure Alternatives (HAFA) program, which is designed to help homeowners avoid foreclosure by providing options like short sales.
Homeowners who are participating in the HAFA program and are seeking a short sale as an alternative to foreclosure are required to file the SPS HAFA Affidavit.
To fill out the SPS HAFA Affidavit, homeowners need to provide their personal information, details of the property, financial information, and any pertinent documentation supporting their request for a short sale.
The purpose of the SPS HAFA Affidavit is to certify the homeowner's financial situation and willingness to cooperate with the short sale process to facilitate a smooth transaction.
The SPS HAFA Affidavit must report personal identification information, mortgage details, financial hardship explanation, income and expense statements, and any other information required by the lender.
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