Get the free Short Sale Request Checklist - MainSource Bank
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Short Sale Request Checklist Borrower s Name Loan # Realtor Name Phone # Complete and Signed Form 710 Borrower s Financial Statement Borrower s letter that contains a description of the situation
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How to fill out short sale request checklist
How to fill out a short sale request checklist:
01
Gather all necessary information and documentation about the property being sold, such as the address, legal description, and contact information for the current owner.
02
Fill out the seller's information section, which may include details like the seller's name, contact information, and social security number.
03
Provide information about the buyer, including their name, contact information, and any special circumstances or agreements pertaining to the sale.
04
Review and complete any required financial forms, including income and expense statements, tax returns, and bank statements.
05
Include any additional documents requested by the lender or the short sale processing company, such as hardship letters, pay stubs, or proof of funds.
06
Double-check all the information provided in the checklist to ensure accuracy and completeness before submitting it.
Who needs a short sale request checklist:
01
Homeowners facing financial hardships who are considering a short sale as an option to avoid foreclosure.
02
Real estate agents or brokers who are assisting homeowners in the short sale process.
03
Lenders or financial institutions that require a thorough checklist to assess the viability of a short sale.
04
Short sale processing companies or professionals who facilitate the negotiation and documentation process to ensure compliance and efficiency.
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What is short sale request checklist?
The short sale request checklist is a document outlining the necessary steps and information required to complete a short sale transaction.
Who is required to file short sale request checklist?
The seller or their authorized representative is required to file the short sale request checklist.
How to fill out short sale request checklist?
The short sale request checklist can be filled out by providing all requested information accurately and completely.
What is the purpose of short sale request checklist?
The purpose of the short sale request checklist is to ensure all necessary information is provided for the short sale transaction.
What information must be reported on short sale request checklist?
The short sale request checklist typically includes information about the property, seller, buyer, and financial details.
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