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YOUR GUIDE TO SIMPLIFYING THE SHORT SALE (CMS Package) IMPORTANT : READ BEFORE PROCEEDING Pizzeria & Carolina Package Instructions & Policies Thank you for choosing Pizzeria & Carolina to negotiate

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What is cms - short sale?

CMS - short sale stands for Consolidated Multiple Listing Service - short sale. It is a process where a property is sold for less than what is owed on the mortgage.

Who is required to file cms - short sale?

Homeowners who are unable to pay their mortgage and need to sell their property for less than the outstanding loan amount.

How to fill out cms - short sale?

To fill out a CMS - short sale, homeowners typically work with a real estate agent and a lender to negotiate the sale of the property at a reduced price.

What is the purpose of cms - short sale?

The purpose of a CMS - short sale is to avoid foreclosure and settle the mortgage debt for less than what is owed.

What information must be reported on cms - short sale?

Information such as the property address, outstanding loan amount, offer price, and any additional liens on the property must be reported on a CMS - short sale.

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