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Copyright 01/03/2009 ALL RIGHTS RESERVED Lou Tulsa CCI CRB Voice 5058894569 and Fax 5052120148 and www.loutulga.com and Tortuga gmail.com For Classroom Discussion Only. Consult your own attorney for
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How to fill out short sale letter of

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How to fill out a short sale letter of:

01
Begin by addressing the letter to the appropriate party or department. This could be the lender, the real estate agent, or any other relevant party involved in the short sale process.
02
Include your contact information at the top of the letter. This should include your name, address, phone number, and email address. It is important to provide accurate and up-to-date contact information to ensure smooth communication throughout the short sale process.
03
Next, provide a brief introduction or explanation of your situation. This should include the reason why you are requesting a short sale and any relevant details about your financial hardship. It is important to be honest and transparent about your circumstances in order to receive proper consideration.
04
Provide a detailed summary of the property that is being sold through the short sale. Include the address, the current market value, any outstanding mortgage balance, and any other relevant information about the property. This will help the recipient understand the specifics of the situation.
05
Include any supporting documents or evidence that may be required. This could include financial statements, tax returns, pay stubs, or any other documentation that demonstrates your financial hardship and inability to continue making mortgage payments.
06
Explain your proposed terms for the short sale. This should include the sale price you are seeking, any contingencies or conditions, and any other terms that may be important to include. It is important to be realistic and reasonable in your demands to increase the likelihood of approval.
07
Express your willingness to cooperate and work towards a fair and mutually beneficial solution. This can help convey your sincerity and commitment to resolving the situation in a responsible manner. Avoid sounding demanding or aggressive in your tone, as this may hinder your chances of success.

Who needs a short sale letter of:

01
Homeowners who are facing financial hardship and are unable to maintain their mortgage payments.
02
Real estate agents involved in the short sale process, who require documentation and information to facilitate the sale.
03
Lenders or financial institutions that require a formal request or proposal in order to consider a short sale.
In summary, filling out a short sale letter involves addressing the appropriate parties, providing personal and property information, including supporting documents, proposing terms for the short sale, and expressing willingness to cooperate. This letter is typically required by homeowners, real estate agents, and lenders involved in the short sale process.
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Short sale letter of is a document that notifies the lender about the intention to sell a property for less than what is owed on the mortgage.
The homeowner who wishes to sell their property for less than the mortgage owed is required to file a short sale letter of with the lender.
To fill out a short sale letter of, the homeowner must include their personal information, details about the property, reasons for the short sale, and any supporting documentation.
The purpose of a short sale letter of is to formally request permission from the lender to sell the property for less than what is owed on the mortgage.
The short sale letter of must include the homeowner's personal information, details about the property, reasons for the short sale, financial information, and any supporting documentation.
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