Get the free Short Sale Pre-Qual

Date: Short Sale Prequel Property Address Realtor Name: Phone: Email Address: Loan(s) 1st Lender Balance $ 2nd Lender Balance $ Months Delinquent Purchase Money Yes / No Additional Liens Borrower(s)

How to fill out short sale pre-qual

How to fill out short sale pre-qual:

1. Start by gathering all necessary documents such as income statements, bank statements, and tax returns.
2. Fill out the borrower information section with accurate personal details including name, address, and contact information.
3. Provide information about your current financial situation, including your income, employment status, and any other sources of income.
4. Disclose all of your debts and liabilities, including mortgages, loans, and credit card debts.
5. Specify the reason for the short sale request, such as financial hardship or job loss.
6. Provide details about the property you wish to sell, including its address, market value, and any outstanding mortgage balance.
7. Include any additional information or documentation that may be required by the lender or the short sale pre-qualification form.
8. Review the completed form for accuracy and completeness before submitting it to the appropriate party.

Who needs short sale pre-qual:

1. Homeowners who are facing financial difficulties and are unable to make their mortgage payments.
2. Individuals who have decided to sell their property through a short sale instead of foreclosure.
3. Real estate agents and brokers who assist clients in the short sale process and need to evaluate their clients' financial situation.

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