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5619223007 ext. 102 5619223008 Fax Email: short sale laplayatitle.com CLIENT INFORMATION SHEET Sellers Name #1 Social Security Number Sellers Name #2 Social Security Number Phone No. Cell No Fax No.
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How to fill out downloadable short sale package:

01
Gather all necessary documents, including financial statements, tax returns, pay stubs, and bank statements.
02
Review the instructions provided with the downloadable short sale package to understand the required information and documentation.
03
Start by filling out the basic information section, including the property address, borrower's contact information, and loan details.
04
Provide an overview of the financial hardship that necessitates the short sale, including the reason for the financial difficulties and any supporting documentation.
05
Complete the financial section by disclosing all income and expenses accurately. Include all sources of income and detail any outstanding debts or obligations.
06
If there is a second mortgage or other liens on the property, provide the necessary information and contact details of the lienholders.
07
Ensure that all documents are signed and dated where required. Double-check for accuracy and completeness before submitting the package.
08
Submit the filled-out downloadable short sale package to the appropriate party or entity, as specified in the instructions provided.

Who needs downloadable short sale package:

01
Homeowners facing financial hardship and are unable to continue making mortgage payments may require a downloadable short sale package.
02
Real estate agents and brokers assisting clients who are going through the short sale process may need to access and fill out the downloadable short sale package.
03
Mortgage lenders or loan servicers may require borrowers to fill out a downloadable short sale package as part of the application process for a short sale.
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Downloadable shortsale package is a set of documents and forms that need to be completed and submitted when selling a property for less than the amount still owed on the mortgage.
The seller of the property is required to file the downloadable shortsale package.
To fill out the downloadable shortsale package, the seller must provide information about the property, financial situation, and any offers received.
The purpose of the downloadable shortsale package is to request approval from the mortgage lender to sell the property for less than the outstanding mortgage balance.
The downloadable shortsale package must include information about the property, the seller's financial situation, any offers received, and a hardship letter explaining why the shortsale is necessary.
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