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All short sales are processed on Equator.com. Agents must be registered for short sales to be assigned to them. Required Document Checklist must be complete (all documents uploaded into Equator and

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What is gmac short sale package?

The gmac short sale package is a set of documents and forms required by GMAC Mortgage for homeowners who are requesting a short sale of their property.

Who is required to file gmac short sale package?

Homeowners who are looking to sell their property through a short sale and have a mortgage with GMAC Mortgage are required to file the gmac short sale package.

How to fill out gmac short sale package?

To fill out the gmac short sale package, homeowners need to provide information about their property, financial situation, and the reason for requesting a short sale. The package typically includes forms for hardship letters, financial statements, and property valuation.

What is the purpose of gmac short sale package?

The purpose of the gmac short sale package is to gather necessary information and documentation from homeowners who wish to sell their property through a short sale. This helps GMAC Mortgage assess the homeowner's eligibility and evaluate the potential sale.

What information must be reported on gmac short sale package?

Typically, the gmac short sale package requires information such as the homeowner's contact details, property information, financial statements, hardship explanation, and supporting financial documentation such as tax returns and pay stubs.

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