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SHORT SALE — PRELIMINARY HUD 222 East Pine Street Lakeland, FL 33801 Direct: (863) 937-9126 ***SUBMIT ORDERS VIA*** F: 863) 937-9129 OR
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How to Fill Out Short Sale - Preliminary:

01
Gather all necessary documents: Before starting to fill out the short sale - preliminary form, gather all the relevant documents such as financial statements, bank statements, income documentation, and any other paperwork related to the property being sold.
02
Provide accurate property information: Begin filling out the form by accurately providing all the requested information about the property, including the address, type of property, number of bedrooms and bathrooms, square footage, and any additional details required.
03
Disclose the current mortgage information: The short sale - preliminary form will require you to disclose information about the current mortgage on the property. This includes the lender's name, the loan amount, the interest rate, and any outstanding balances.
04
Declare your financial situation: To complete the form, you will need to disclose your current financial situation. This may include providing details about your income, assets, liabilities, and any other relevant financial information that may impact the short sale process.
05
Explain the reasons for seeking a short sale: One section of the form will typically ask you to provide a detailed explanation of why you are seeking a short sale. Clearly state the reasons, such as financial hardship, job loss, medical expenses, divorce, or any other circumstances that have made it difficult for you to continue making mortgage payments.
06
Submit supporting documentation: Along with the short sale - preliminary form, be prepared to submit supporting documentation such as hardship letters, income verification documents, bank statements, tax returns, and any other paperwork requested by the lender.

Who Needs Short Sale - Preliminary?

01
Homeowners facing financial hardship: Individuals who are experiencing financial hardship and are struggling to make their mortgage payments may need to complete the short sale - preliminary form to initiate the short sale process and potentially avoid foreclosure.
02
Sellers expecting a significant loss: Homeowners who anticipate a considerable loss if they were to sell their property traditionally may consider a short sale as an alternative. The short sale - preliminary form is typically required in these cases.
03
Realtors and real estate professionals: Real estate professionals who are assisting homeowners in the short sale process may be responsible for helping their clients fill out the short sale - preliminary form accurately and efficiently.
Overall, the short sale - preliminary form is necessary for homeowners encountering financial difficulties and seeking a short sale as a solution to their mortgage problems. It is crucial to provide accurate information and submit the required documentation to increase the chances of a successful short sale transaction.
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Short sale - preliminary is a report filed by individuals or entities who engage in short sales of securities.
Individuals or entities who engage in short sales of securities are required to file short sale - preliminary.
Short sale - preliminary can be filled out electronically through the appropriate regulatory body's online portal.
The purpose of short sale - preliminary is to provide transparency and oversight in the short selling market.
Short sale - preliminary requires reporting of details of the short sale transactions, including the security involved, quantity, price, and date.
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