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Get the free SELLER'S SHORT SALE INFORMATION PACKAGE

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3906 S. 74th St., Tacoma, Washington 98409 Tel: 253.471.1200 Toll-free 1800.236.4948 Fax: 253.284.3855 (Also offices located in Seattle, Kent, and Silver dale) www.mbsshortsales.comSHORT SALE LOSS
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How to fill out sellers short sale information

01
To fill out seller's short sale information, follow these steps:
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Start by gathering all the necessary documents, including financial records, loan documentation, and property information.
03
Provide the requested personal information, such as the seller's name, contact details, and social security number.
04
Fill in the property details, including the address, type of property, and current market value.
05
Complete the financial information section, which may include the seller's income, expenses, debts, and outstanding loans.
06
Provide any additional information requested by the short sale application, such as reasons for financial hardship or any pending foreclosure proceedings.
07
Double-check all the entered information for accuracy and make any necessary corrections.
08
Sign and date the completed short sale information form.
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Submit the filled-out form along with any supporting documents to the appropriate party or institution.

Who needs sellers short sale information?

01
Sellers short sale information is required by:
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- Lenders or financial institutions when evaluating a potential short sale request.
03
- Real estate agents or brokers assisting sellers in the short sale process.
04
- Buyers or investors interested in purchasing a property through a short sale.
05
- Government agencies or programs providing assistance or guidance in short sale transactions.
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Sellers short sale information refers to the details and documentation related to the sale of a property where the sale price is less than the amount owed on the mortgage. It typically includes information about the transaction, the seller's financial situation, and the lender's approval.
The sellers involved in a short sale, as well as the real estate agents and any third-party entities managing the transaction, may be required to file sellers short sale information, especially if it pertains to tax implications or reporting to lenders.
To fill out sellers short sale information, you should gather all necessary documentation regarding the property, loan details, the seller's financial status, and any agreements with buyers and lenders. Accurately complete all required fields in the forms provided by the lender or tax authorities.
The purpose of sellers short sale information is to provide an accurate representation of the sale for tax reporting, to inform the lender of the transaction details, and to ensure proper handling of the financial implications of the short sale.
The information that must be reported typically includes the sale price, the original mortgage amount, the outstanding balance, the financial hardship details, and any agreements made with the lender regarding the short sale.
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