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Get the free Short Sale Estimate Request - Pro Group Escrow

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ShortSaleEstimateRequest InorderforProGroupEscrowtoprovideyouanaccurateestimatetosubmitwithyourShort SaleEstimateRequest, pleaseprovideuswiththefollowinginformation: 1. AnticipatedSalesPrice 2. EstimatedCloseofEscrowDate
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How to fill out short sale estimate request

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How to fill out short sale estimate request

01
Step 1: Start by gathering all necessary information about the property, including the address, the current mortgage balance, and the estimated market value of the property.
02
Step 2: Contact your mortgage lender or a real estate professional who specializes in short sales to request the short sale estimate form.
03
Step 3: Carefully fill out the short sale estimate request form, providing accurate information about the property and your financial situation.
04
Step 4: Attach any supporting documents that may be required, such as pay stubs, bank statements, or tax returns.
05
Step 5: Double-check all the information provided and make sure all fields are completed accurately.
06
Step 6: Submit the completed short sale estimate request form and supporting documents to your mortgage lender or the designated recipient.
07
Step 7: Follow up with the recipient to ensure they have received your request and to inquire about the expected timeline for receiving the short sale estimate.
08
Step 8: Review the short sale estimate once you receive it and seek clarification if any information is unclear or if you have any questions.
09
Step 9: Use the short sale estimate to proceed with the necessary steps for selling the property as a short sale, if appropriate.

Who needs short sale estimate request?

01
Homeowners who are having difficulty making mortgage payments and are facing the possibility of foreclosure.
02
Real estate investors who are looking to purchase properties at a discounted price in the short sale market.
03
Real estate agents who are representing clients who are interested in buying or selling properties through short sales.
04
Mortgage lenders and servicers who need to assess the potential loss in a short sale scenario.
05
Appraisers, valuation companies, and professionals involved in property valuation who need accurate information for their assessments.
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Short sale estimate request is a formal request made by a seller to the lender or bank to approve the sale of a property for less than the amount owed on the mortgage.
The seller or homeowner is required to file a short sale estimate request.
To fill out a short sale estimate request, the seller must provide information about the property, the outstanding mortgage balance, and a hardship letter explaining the reason for the short sale.
The purpose of a short sale estimate request is to seek approval from the lender to sell the property for less than what is owed on the mortgage.
The short sale estimate request must include information about the property, the seller's financial situation, and the proposed sale price.
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