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Short Sale Third-Party Authorization Form BORROWER(S) ACKNOWLEDGMENT Loan Number: Borrower: Co-Borrower: Property Address: Address City State ZIP The undersigned Borrower and Co-Borrower (if any)

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How to fill out short sale third-party authorization

How to fill out short sale third-party authorization:

01

Begin by obtaining the short sale third-party authorization form from the appropriate party, such as the lender or the real estate agent handling the short sale process.

02

Read through the form carefully to understand the information and permissions it requires. Familiarize yourself with the purpose of the form and any specific instructions provided.

03

Fill in your personal details accurately on the form, including your full name, contact information, and any other requested identification details.

04

Provide the necessary information about the property involved in the short sale, such as the address, the loan number, and any other relevant property details requested.

05

Review the authorization section of the form thoroughly. Consider the permissions you are granting and ensure you are comfortable with them. These permissions may include allowing the lender or authorized third parties to access your financial and credit information.

06

Sign and date the form in the designated areas. Make sure to use your legal signature and ensure the date matches the current date.

07

If required, have the form notarized. Some lenders may request this additional level of verification to ensure the authenticity of the authorization.

08

Once you have completed the form, make copies for your records. It is essential to keep a copy for yourself, as well as provide any necessary copies to the lender or relevant parties involved in the short sale process.

Who needs short sale third-party authorization:

01

Homeowners who are in the process of selling their property through a short sale may need to provide a short sale third-party authorization.

02

Lenders typically require a third-party authorization from the homeowners to ensure that they have permission to negotiate and communicate with other parties involved in the short sale, such as real estate agents, attorneys, or financial institutions.

03

Real estate agents and brokers handling the short sale transaction may also need the homeowners to sign a third-party authorization form, allowing them to access and share relevant information with the lender or other parties involved.

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What is short sale third-party authorization?

Short sale third-party authorization is a form that allows a third-party to communicate and negotiate with a lender on behalf of the homeowner during a short sale process.

Who is required to file short sale third-party authorization?

A third-party negotiator or authorized agent is required to file a short sale third-party authorization.

How to fill out short sale third-party authorization?

Short sale third-party authorization can be filled out by providing the required information about the homeowner, the property, and the authorized third-party negotiator or agent.

What is the purpose of short sale third-party authorization?

The purpose of short sale third-party authorization is to authorize a third-party to act on behalf of the homeowner in negotiating a short sale with the lender.

What information must be reported on short sale third-party authorization?

Short sale third-party authorization must include the homeowner's name, property address, loan information, and the contact information of the authorized third-party negotiator or agent.

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