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Traditional Short Sale A short sale is specifically designed to help borrowers who are unable to afford their first mortgage and want to sell their home to avoid foreclosure, even if the sale price
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How to fill out aurora short sale package

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How to fill out aurora short sale package:

01
Gather all necessary documents: To start filling out the aurora short sale package, make sure you have all the required documents in hand. These may include financial statements, bank statements, tax returns, and hardship letters.
02
Complete the borrower's information: Begin by providing your personal information such as your name, address, contact details, and social security number. Make sure all the details are accurate and up to date.
03
Provide financial information: Fill in your income details, including your monthly salary, additional sources of income, and any liabilities or debts you have. This information helps the lender assess your ability to pay and determine the terms of the short sale.
04
Include property details: Provide details about the property involved in the short sale, such as the address, property type, current market value, and outstanding mortgage balance. Attach any supporting documents such as property appraisals or market analysis reports.
05
Complete the hardship letter: Write a detailed explanation of the financial hardship you are facing that has led you to initiate a short sale. Include specific reasons such as job loss, medical expenses, or divorce. Be honest and transparent about your situation.
06
Attach supporting documents: Make sure to include any additional documents requested by the lender, such as pay stubs, bank statements, or tax returns. These documents will help validate your financial situation and hardship claims.

Who needs an aurora short sale package:

01
Homeowners facing financial hardship: The aurora short sale package is designed for homeowners who are struggling financially and unable to keep up with their mortgage payments. This package allows them to pursue a short sale as an alternative to foreclosure.
02
Borrowers with an aurora loan: The aurora short sale package is specifically designed for borrowers who have loans serviced by Aurora Loan Services LLC. If you have an Aurora loan and are considering a short sale, you will need to fill out this package.
03
Individuals seeking to avoid foreclosure: The aurora short sale package is intended for homeowners who wish to avoid foreclosure and take proactive steps to resolve their financial difficulties. It provides a structured process and guidelines to facilitate the short sale negotiation with the lender.
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Aurora short sale package is a set of documents and forms required when applying for a short sale with Aurora.
Homeowners looking to sell their property through a short sale with Aurora are required to file the aurora short sale package.
The aurora short sale package can be filled out by providing all requested information accurately and completely on the forms provided by Aurora.
The purpose of the aurora short sale package is to provide detailed information about the homeowner's financial situation and the property being sold in order to request approval for a short sale.
The aurora short sale package typically requires information about the homeowner's income, expenses, debts, and the property being sold, among other details.
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