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Print Form Request for Short Sale Representation of Seller To: National Real Estate Law Group, LLC Attn: Sandy Dewey Sent by Fax to: 7037635718 Email to: OR sandy nrelg.com From: (Sellers Agent) (Listing
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How to fill out request for short sale
How to fill out a request for a short sale:
01
Gather necessary documents: Start by collecting all the documents you will need to fill out the request for a short sale. This may include financial statements, bank statements, tax returns, pay stubs, hardship letters, and any other documents required by your lender.
02
Complete the application form: Use the provided application form to fill out your personal information, contact details, and property information. Make sure to double-check all the information for accuracy.
03
Provide the supporting documentation: Attach all the required supporting documents mentioned earlier to support your short sale request. This may include proof of income, proof of financial hardship, and any other documents specified by your lender.
04
Write a detailed hardship letter: In a separate document, write a hardship letter explaining why you are requesting a short sale. Be honest and concise about your financial situation, any hardships you are facing, and why a short sale is the best option for you.
05
Review and submit: Carefully review all the information you have provided in the request for a short sale. Make sure all the documents are properly filled out and attached. Once you are confident that everything is in order, submit the request to your lender.
Who needs a request for a short sale?
The individuals who typically need to file a request for a short sale are homeowners who are facing financial hardship and are unable to keep up with their mortgage payments. Factors such as job loss, divorce, medical emergencies, or other unforeseen circumstances can lead to financial difficulties, making a short sale a viable option to avoid foreclosure. It is important to note that the request for a short sale needs to be submitted to the mortgage lender or servicer for approval.
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What is request for short sale?
A request for short sale is a process where a homeowner asks the lender to accept less than what is owed on the mortgage in order to sell the property.
Who is required to file request for short sale?
The homeowner who is facing financial hardship and is unable to continue making mortgage payments is required to file a request for short sale.
How to fill out request for short sale?
A homeowner can fill out a request for short sale by contacting their lender and submitting a short sale application along with supporting financial documents.
What is the purpose of request for short sale?
The purpose of a request for short sale is to avoid foreclosure and allow the homeowner to sell the property for less than what is owed on the mortgage.
What information must be reported on request for short sale?
The request for short sale must include the homeowner's financial information, details of the property, reasons for the financial hardship, and a proposed sale price.
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