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Chicago Title Agency, Inc Short Sale Processing Document Check List Homeowner documentsLetter of Authorization & ReleaseClient Information FormHardship Letter (must be signed and dated)Financial Statement
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What is short sale processing document?
The short sale processing document is a form used in real estate transactions where the sale of a property is being completed for less than the amount owed on the mortgage.
Who is required to file short sale processing document?
The seller of the property and the buyer's agent are typically required to file the short sale processing document.
How to fill out short sale processing document?
The short sale processing document is usually filled out by the seller and their real estate agent, detailing the terms of the sale and the financial situation of the seller.
What is the purpose of short sale processing document?
The purpose of the short sale processing document is to provide a record of the transaction and ensure that all parties involved are aware of the terms of the sale.
What information must be reported on short sale processing document?
The short sale processing document typically includes information such as the sale price, the outstanding mortgage balance, any liens on the property, and the financial hardship of the seller.
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