Get Instructions To Cancel A Hud Contract - Chronos Solutions

Cancelling a HUD contract can seem challenging, but with the right guidance, the process can be straightforward. This guide will walk you through the necessary steps to complete the Instructions To Cancel A HUD Contract - Chronos Solutions efficiently and effectively.

Follow the steps to successfully complete the cancellation form.

1. Press the ‘Get Form’ button to obtain the form, which you will need to fill out for the cancellation process.
2. Fill out the top half of the Contract Release & Earnest Money Disposition form with the buyer's information. Ensure all details are accurate, including the FHA case number and contract date.
3. Provide a clear printed or typed name for the purchaser(s) in the designated area of the form. Ensure that all names match those in the original contract.
4. Specify the property address associated with the HUD contract to ensure proper identification.
5. Include a written request to cancel from the buyer as an attachment to the form. This should clearly state the intention to cancel along with any necessary supporting documents.
6. If applicable, attach any supporting documentation, such as a signed loan denial letter or a copy of a professional home inspection report that led to the cancellation decision.
7. Ensure both the buyer and the selling agent physically sign the cancellation document. Remember that digital signatures are not accepted and must be manually signed.
8. Review the completed form and all attached documents for accuracy and completeness before submitting.
9. Send the completed form and all attachments to your Chronos Solutions Closing Specialist at cancel@chronossolutions.com.
10. Wait for confirmation from Chronos Solutions regarding the receipt of your cancellation request.

Begin filling out your cancellation form online today to streamline the process.