Get the free Short Sales CD order form.indd - ceaescrow
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CEA Short Sales CD Order Form Charge $100.00 California Escrow Association, 2520 Venture Oaks Way, Suite 150, Sacramento, CA 95833 Phone 916.239.4075/Fax 916.924.7323 Name: Address: City/State/Zip:
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How to fill out short sales cd order
How to fill out a short sales CD order:
01
Start by gathering all the necessary information. This may include the property address, borrower's name, and loan details.
02
Identify the specific CD order form required. Different institutions may have their own forms, so make sure to use the correct one.
03
Fill in the borrower's information accurately. Include their full legal name, contact details, and any additional required information.
04
Enter the property details. Provide the complete address of the property involved in the short sale transaction.
05
Include the loan details. This typically includes the loan number, the current loan balance, and any outstanding fees or charges.
06
Provide any additional required documents. Some CD orders may require additional documentation, such as hardship letters or financial statements. Make sure to include these if necessary.
07
Review the completed CD order form for accuracy and completeness. Double-check that all the information provided is correct before submitting it.
Who needs a short sales CD order?
01
Homeowners facing financial hardships: Individuals or families who are struggling to make mortgage payments and are considering a short sale as an option to avoid foreclosure.
02
Real estate agents: Agents who represent sellers involved in a short sale transaction often play a role in filling out and submitting CD orders.
03
Lenders or financial institutions: Lenders or banks that hold the mortgage on the property may require a short sales CD order to process the transaction.
04
Short sale negotiators: Professionals who specialize in negotiating short sale deals may need to fill out CD orders on behalf of their clients.
Note: The specific individuals or entities that require a short sales CD order may vary depending on the circumstances and the guidelines set forth by the lending institution or governing body. It's essential to consult with the relevant parties involved to determine the specific requirements in each situation.
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What is short sales cd order?
Short sales cd order is a regulatory requirement to report short sale activity to the appropriate authorities.
Who is required to file short sales cd order?
Broker-dealers and other financial institutions are required to file short sales cd order.
How to fill out short sales cd order?
Short sales cd order can be filled out electronically through the designated regulatory platform.
What is the purpose of short sales cd order?
The purpose of short sales cd order is to increase transparency in the market and prevent market manipulation.
What information must be reported on short sales cd order?
Short sales cd order must include details of the security sold short, the date of the transaction, and the volume of shares sold short.
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