Get the free Short Sale Facilitation Package - Keller Williams Realty

Short Sale Facilitation Package To Contact Brittany Purcell: Direct 770!713!4278 Email Brittany BrittanySells.com Keller Williams Realty Greater Athens 1361 Jennings Mill Road Suite 100 Bogart, GA

How to fill out short sale facilitation package

How to fill out short sale facilitation package:

1. Begin by reviewing the instructions provided with the short sale facilitation package. These instructions will guide you through the process and provide important information on what documents and forms are required.
2. Gather all the necessary documentation. This may include financial statements, bank statements, tax returns, pay stubs, hardship letters, and any other documents requested in the package.
3. Carefully fill out each form in the package. Make sure to provide accurate and complete information. Use legible handwriting or type the information if possible.
4. Follow any specific instructions for each form. Some forms may require additional supporting documentation or signatures. Make sure to read the instructions carefully and provide all required information.
5. Double-check all the forms and documents for accuracy and completeness. Any errors or missing information could delay the short sale process.
6. Make copies of all the completed forms and supporting documents for your records. It is important to keep a copy of everything you submit.
7. Submit the filled-out short sale facilitation package to the appropriate party or organization as instructed in the package. This may be a lender, a real estate agent, or a government agency.

Who needs a short sale facilitation package?

1. Homeowners who are facing financial hardship and are unable to continue making mortgage payments may need a short sale facilitation package. A short sale allows homeowners to sell their property for less than the amount owed on the mortgage.
2. Lenders or mortgage servicers may also require a short sale facilitation package from homeowners who have requested a short sale. The package helps the lender or servicer assess the homeowner's financial situation and determine if a short sale is a viable option.
3. Real estate agents or brokers who are assisting homeowners in the short sale process may also need a short sale facilitation package. The package provides them with the necessary documents and information to help facilitate the sale.

In summary, filling out a short sale facilitation package involves carefully completing all the required forms and providing supporting documentation. The package is typically needed by homeowners, lenders, and real estate agents involved in the short sale process.

For pdfFiller’s FAQs

What is short sale facilitation package?

The short sale facilitation package is a set of documents and forms that are used to facilitate the process of selling a property at a price lower than the outstanding mortgage balance.

Who is required to file short sale facilitation package?

The seller of the property, who wishes to sell it through a short sale, is required to file the short sale facilitation package.

How to fill out short sale facilitation package?

The short sale facilitation package can typically be filled out with the assistance of a real estate agent or attorney. It requires providing detailed information about the property, the seller, and the current financial situation.

What is the purpose of short sale facilitation package?

The purpose of the short sale facilitation package is to provide the necessary documentation and information to the lender or mortgage company to request approval for a short sale.

What information must be reported on short sale facilitation package?

The short sale facilitation package typically requires reporting information such as the property address, ownership details, outstanding loan amount, financial hardship reasons, and supporting financial documents.

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