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FAX COVER SHEET US MITIGATION SERVICES Tel: (800) 923-8120 Fax: (866) 377-0383 To: Fax: From: US MITIGATION SERVICES Phone: (800) Company: 923-8120 Fax#: (866) 377-0383 ATTENTION: SHORT SALES TEAM

How to fill out short sale request

Who needs short sale request?

1. Homeowners who are struggling to make mortgage payments: A short sale request is typically needed by homeowners who are facing financial difficulties and are unable to make their mortgage payments. They may be going through a foreclosure process, and a short sale request can be a viable option to avoid foreclosure and find a solution for their financial situation.
2. Real estate agents or brokers: Real estate professionals who are representing homeowners in the process of a short sale transaction may also need to fill out a short sale request. They play a crucial role in guiding homeowners through the process and ensuring all necessary documentation is complete.
3. Lenders or mortgage servicers: Lenders or mortgage servicers are the financial institutions or companies that hold the mortgage on a property. They may require homeowners or their representatives to submit a short sale request to initiate the process. This allows them to assess the homeowner's financial situation, evaluate the property's value, and determine if a short sale is a viable option.

How to fill out a short sale request?

1. Gather required documentation: Begin by collecting all the necessary documents you will need to complete the short sale request. This can include financial statements, bank statements, tax returns, pay stubs, hardship letter, property information, and any other supporting documents required by the lender.
2. Complete the short sale request form: Each lender or mortgage servicer may have its own short sale request form. Ensure that you obtain the correct form from the appropriate source, such as the lender's website or your real estate agent. Fill out the form accurately, providing all the requested information, contact details, property information, and a detailed description of the hardship you are facing.
3. Include supporting documentation: Attach all the relevant supporting documentation to the short sale request form. Make sure to organize the documents in the order requested by the lender or as specified in the form instructions. This can help streamline the review process and ensure all necessary information is provided.
4. Review and double-check: Before submitting the short sale request, carefully review all the information provided and cross-check it against the required documentation. Check for any errors, missing information, or inconsistencies that may cause delays or complications in the process.
5. Submit the short sale request: Once you are confident that all the required information and supporting documentation is accurate and complete, submit the short sale request to the appropriate party. This can be submitted directly to the lender or through your real estate agent, depending on the instructions provided.
6. Follow up and communication: Stay proactive and maintain regular communication with the lender or mortgage servicer throughout the short sale process. This can help address any additional questions or requirements they may have, ensuring a smoother and more efficient process.
7. Seek professional guidance: Consider consulting with a real estate attorney or experienced real estate agent who specializes in short sales. They can provide valuable guidance, ensuring you navigate the process correctly and increase your chances of a successful short sale negotiation.

For pdfFiller’s FAQs

What is short sale request?

A short sale request is a request made by a seller to sell an asset at a price lower than the current market value.

Who is required to file short sale request?

The seller or their authorized representative is required to file a short sale request.

How to fill out short sale request?

To fill out a short sale request, the seller or their representative needs to provide information about the asset being sold, the desired selling price, and any relevant supporting documentation.

What is the purpose of short sale request?

The purpose of a short sale request is to inform potential buyers that the seller is willing to sell the asset at a lower price than its current market value.

What information must be reported on short sale request?

The information that must be reported on a short sale request includes details about the asset being sold, such as its description, current market value, and any known defects or issues.

How do I edit short sale request online?

With pdfFiller, the editing process is straightforward. Open your short sale request in the editor, which is highly intuitive and easy to use. There, you’ll be able to blackout, redact, type, and erase text, add images, draw arrows and lines, place sticky notes and text boxes, and much more.

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How do I complete short sale request on an Android device?

Use the pdfFiller app for Android to finish your short sale request. The application lets you do all the things you need to do with documents, like add, edit, and remove text, sign, annotate, and more. There is nothing else you need except your smartphone and an internet connection to do this.