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Short Sale Processing Packet 9075 W. Diablo Dr, Suite 100 Las Vegas, NV 89148 Phone: (702) 8368000 shortfall ctt.com Committed to Your Success Welcome to Chicago Titles Short Sale Processing Unit!
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How to fill out short sale processing information

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How to fill out short sale processing information:

01
Begin by gathering all the necessary documents and information required for the short sale process. This may include financial statements, bank statements, tax returns, pay stubs, and any other relevant documents.
02
Carefully read through the short sale processing form provided by your lender or the institution handling the short sale. Make sure you understand each section and what information is required.
03
Fill out the necessary personal information section of the form, providing your full name, address, contact information, and any applicable identification numbers (such as social security number or tax ID).
04
Provide detailed financial information, including your income, expenses, assets, and liabilities. Be as accurate and thorough as possible, as this information will be reviewed by the lender during the short sale approval process.
05
If applicable, include information about any co-borrowers or co-owners involved in the short sale. Provide their contact information and financial details as required.
06
Include detailed information about the property being sold through the short sale. This may include the property address, current market value, outstanding mortgage balance, and any liens or judgements against the property.
07
Include any additional information or documentation requested by the short sale processing form. This may include hardship letters, proof of income, or supporting financial documents.

Who needs short sale processing information?

01
Homeowners facing financial hardship who are looking to sell their property through a short sale.
02
Real estate agents or brokers assisting homeowners in navigating the short sale process.
03
Lenders or financial institutions overseeing the short sale process, as they require the necessary information to evaluate the homeowner's financial situation and determine the viability of the short sale.
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Short sale processing information refers to the details and documents involved in the process of selling a property for less than the amount owed on its mortgage.
The seller or their agent is typically required to file short sale processing information.
Short sale processing information can be filled out by providing details of the property, the mortgage, the sale price, and any negotiations or agreements made.
The purpose of short sale processing information is to document and track the sale of a property at a reduced price to satisfy a mortgage debt.
Information such as the property address, mortgage amount, sale price, buyer information, and any negotiations or concessions must be reported on short sale processing information.
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