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Get Short Sale Submission Form / Processing Contract
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How to fill out the SHORT SALE SUBMISSION FORM / PROCESSING CONTRACT online
Filling out the Short Sale Submission Form and Processing Contract can seem daunting, but with clear guidance, you can navigate the process efficiently. This guide will walk you through each section of the form to ensure accurate and complete submission.
Follow the steps to successfully complete the form online.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Fill out the seller information section. Provide your full name, social security number, email address, and phone number. Make sure all details are accurate to avoid processing delays.
- Complete the mortgage information fields for both mortgages, if applicable. This includes the names of the lenders and account numbers associated with the debts.
- Enter the homeowners association (HOA) contact information and the property address, including street, city, zip code, and county.
- Fill in the real estate agent information, including the agent's name, email, office number, and cell phone number.
- Review the agreement section carefully. Initial next to each statement to acknowledge your understanding and agreement to the terms regarding the short sale process.
- Sign and date the form in the designated areas provided for each homeowner involved in the transaction.
- Complete the homeowner document checklist by noting any required documents you are submitting and providing explanations for any missing items.
- Carefully fill out the borrower's authorization form, ensuring that you complete a separate form for each mortgage lender and sign it appropriately.
- Describe your hardship in the hardship explanation section, providing a detailed account of events leading to your financial strain.
- Include the financial worksheet, ensuring you accurately note all income and expenses to present a complete financial picture.
- Save your changes and prepare to download, print, or share the completed form as necessary for your records or to send to relevant parties.
Begin filling out your Short Sale Submission Form online today for a smoother processing experience.
When you short sale, the lender agrees to accept less than the full mortgage amount, allowing you to sell the property. This can relieve you of financial burdens and prevent foreclosure. The process begins with the completion of a SHORT SALE SUBMISSION FORM, which outlines your financial situation. After approval, you can sell the house and move forward with your life.
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