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Get the free Short Sale Package - New editable pack - Group 46:10

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Short Sale Package Dear Homeowner: Prior to taking your Short Sale listing, the following documents are needed for every Borrower that is on the loan(s). Please do not send over an incomplete package;
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How to fill out short sale package

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How to fill out a short sale package:

01
Start by gathering all the necessary documents required for a short sale, such as financial statements, pay stubs, bank statements, tax returns, and hardship letter.
02
Organize the documents in a systematic manner, making sure they are properly labeled and easy to locate.
03
Review the instructions provided in the short sale package thoroughly to understand the specific requirements and guidelines.
04
Fill out the seller's information, including name, contact details, and the property address.
05
Provide a detailed financial statement, listing all your income, expenses, and liabilities.
06
Attach supporting documents to validate your financial situation, such as recent bank statements, pay stubs, and tax returns.
07
Draft a compelling hardship letter explaining the circumstances that led to your inability to pay the mortgage and why a short sale is the best solution.
08
Include any additional documents requested, such as proof of income, utility bills, or property information.
09
Double-check all the information and documents in the short sale package for accuracy and completeness.
10
Submit the completed short sale package to your lender or the designated party according to their specific instructions and guidelines.

Who needs a short sale package:

01
Homeowners who are facing financial hardships and are unable to continue making their mortgage payments.
02
Individuals looking to sell their property for less than what is owed on their mortgage due to financial constraints.
03
Homeowners who are unable to qualify for loan modifications or other foreclosure alternatives but want to avoid foreclosure and find a solution that is mutually beneficial for themselves and their lender.
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Short sale package includes all the necessary documentation and forms needed to sell a property at a lower price than what is owed on the mortgage.
Homeowners who are looking to sell their property for less than what is owed on the mortgage are required to file a short sale package.
The short sale package can be filled out by including all required financial documents, a hardship letter explaining the reason for the short sale, and any other necessary forms provided by the lender.
The purpose of a short sale package is to provide the lender with all the necessary information and documentation to approve the sale of a property at a reduced price.
The short sale package must include financial documents, a hardship letter, a purchase agreement, and any other relevant information requested by the lender.
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