
Get the free Short Sale Coordination Package - Attorneys' Title Guaranty Fund, Inc.
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Thank you for choosing the ATG Short Sale Coordination Department to assist you with .... Short Sale Addendum, and Disclosures. ...... New Jersey, New York,
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How to fill out short sale coordination package

How to fill out a short sale coordination package:
01
Start by gathering all the necessary documents, such as financial statements, tax returns, bank statements, and any other relevant paperwork required by the lender.
02
Fill in all the required fields in the application form accurately and honestly. Make sure to double-check all the information before submitting it.
03
Include a detailed hardship letter explaining why you are unable to continue making mortgage payments and why a short sale is the best option for you.
04
Provide supporting documents to demonstrate your financial hardship, such as job loss notices, medical bills, or divorce papers.
05
Include a copy of the purchase agreement if you already have a potential buyer for the property.
06
Organize all the documents in a logical order and label them appropriately to make it easier for the lender to review.
07
Make copies of everything for your records before submitting the package to the lender.
08
Follow up with the lender regularly to ensure they have received and reviewed your package. Be prepared to provide any additional information or documents they may request.
Who needs a short sale coordination package:
01
Homeowners who are experiencing financial hardship and are unable to continue making mortgage payments.
02
Individuals who are facing foreclosure and want to explore alternatives to save their credit and avoid the negative consequences of foreclosure.
03
Real estate agents or brokers who are assisting homeowners in the short sale process and need to gather all the necessary documents to submit to the lender.
04
Lenders or banks that require the coordination package to evaluate the homeowner's eligibility for a short sale and to process the request.
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What is short sale coordination package?
Short sale coordination package is a set of documents and forms required by a lender to process a short sale transaction.
Who is required to file short sale coordination package?
The seller, their agent, or the buyer may be required to file the short sale coordination package depending on the lender's requirements.
How to fill out short sale coordination package?
The short sale coordination package can be filled out by providing all requested information accurately and submitting all required documents.
What is the purpose of short sale coordination package?
The purpose of the short sale coordination package is to facilitate the short sale process by providing all necessary information and documentation to the lender.
What information must be reported on short sale coordination package?
The short sale coordination package typically includes information such as financial statements, purchase contracts, and hardship letters.
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