Short sale can be described as selling a house for less than the amount of your mortgage on it. It is usually initiates by the homeowner. The Short Sale was made to be the fresh way in order to solve the trouble without facing the complicated process of the foreclosure, so does the Short Sale of Nationstar Mortgage. Short Sale works by pending the approval of the investor when the property or the real estate is going to be sold. When you are approved for the option and can sell the property, all the processes related to the sale will be used for the debt of the loan or the mortgage. in some cases, the rest of your debt also will be forgiven. As the note, it depends on the law of every state and the investor requirements. In addition, your credit can be repaired because the foreclosure process can be avoided.
If you are looking for Nationstar Mortgage Short Sale Third Party Authorization form, please open the official website of Nationstar Mortgage at www.nationstarmtg.com on your personal computer or your smart phone. In the front page of the website, direct your eyes to the menus in the left side of the page. Find Support menu, the last one, and click it. Then, move your cursor to the last menu called Mortgage Assistance. Next one is, click Option. Scroll down your cursor and you will see some explanation related to Short Sale.
Nationstar Mortgage Short Sale Third Party Authorization form consists of two pages. In the first page, you should fill the address of your real estate or your property and the number of Nationstar loan. There are also the acknowledgements of the borrower. You should know that Nationstar does not take the responsibility related to any act or mission of the Designated Representative. It includes anything the Designated Representative may do with information it is provided hereafter, or any failure of the Designated Representative to competently perform its services. Make sure to coincide that the Designated Representative can authorize a representative. It is to serve the administrative support in order to facilitate procedural and other non-license functions of clerical and administrative. If you are agreeing with all of the acknowledgements and the agreements, sign the signature along with the last 4 of SSN, the date, and the printed name.
In the last page of Nationstar Mortgage Short Sale Third Party Authorization form, there are some information that needed to be filled such as the address, the city, the state, the zip code, the information related to the Designated Representative (the name, the support staff, and the phone number), the company name and its email. Do not forget to put the signature on.
Nationstar Mortgage Short Sale Third Party Authorization form will be still in the effect until settlement of a Short Sale. As the exception, it is pulled in whole or in the part by some parties. This should be in a written communication to the address National Mortgage Attn: Account Resolution, 350 Highland Drive, Lewisville, TX 75067.